Maurel & Prom
Maurel & Prom is an oil company specialising in the production of hydrocarbons. It is listed on Euronext Paris and has its registered office in Paris.
 | |
| Type | Public (Société Anonyme) |
|---|---|
| Euronext Paris: MAU | |
| ISIN | FR0000051070 |
| Industry | Oil and Gas Drilling and Exploration. Shipping and Trade (until 1970). 1970-1995: oil, mining, forestry, food processing. |
| Founded | 1831 |
| Headquarters | Paris, France |
Key people | John Anis, chairman Olivier de Langavant, CEO, Jean-Philippe Hagry, COO |
Number of employees | 595 |
| Website | www.maureletprom.fr |
The Group generates most of its business in Africa through the exploitation of onshore production assets (in Gabon and Tanzania) and a significant stake in SEPLAT, one of Nigeria’s leading indigenous operators.
Since 16 February 2017 Maurel & Prom has been backed by PIEP, a subsidiary of the Indonesian state oil company Pertamina, and aims to become the international development platform for the upstream activities of Pertamina and PIEP.
Historically, Maurel & Prom was based in Bordeaux and was one of France's largest family-run shipping and foreign trade houses. It had trading interests throughout the French colonial empire, which included trading houses in Saint-Louis, Senegal, and modern Guinea, Gambia, Mali and Ivory Coast. The company changed its focus to agribusiness in 1986. It pivoted to oil exploration and production in 1998.[1]
Assets Portfolio
- France (Headquarters)
- Italia: Exploration & Appraisal
- Colombia: Exploration & Appraisal
- Venezuela: Production
- Nigeria (20.46% stake in Seplat): Production
- Gabon : Exploration & Production
- Angola : Production
- Nambia: Exploration & Appraisal
- Tanzania: Production, Exploration & Appraisal
Shareholding
On December 31,2021:
PIEP: 71.09%
Individual investors: 18.57%
Institutional investors: 6.08%
Treasury shares: 1.81%
Employees: 0.76%
Others: 1.68%
Notes
- "Key Dates". Maurel & Prom. Retrieved 20 August 2012.
References - Contemporary company
- Etablissements Maurel et Prom S.A. website.
- dailyestimate.com Gabon: Energy profile, Tuesday, November 6, 2007.
- “Membres du conseil et fonctions”
References - History
- Andrew, C.M. & Kanya-Forstner, A.S.; "French Business and the French Colonialists." The Historical Journal, Vol. 19, No. 4 (Dec., 1976), pp. 981–1000
- Barrows, Leland C.; General Faidherbe, the Maurel and Prom Company, and French Expansion in Senegal. Dissertation Abstracts International 35 8 (1975).
- Barrows. Leland C.; "Faidherbe and Senegal: A Critical Discussion". African Studies Review, Vol. 19, No. 1 (Apr., 1976), pp. 95–117.
- Gellar, Sheldon; Structural Changes and Colonial Dependency: Senegal, 1885-1945. Sage: London (1976).
- Hopkins, A.G.; "Imperial Business in Africa. Part I: Sources." The Journal of African History, Vol. 17, No. 1 (1976), pp. 29–48
- McLane, Margaret O.; "Commercial Rivalries and French Policy on the Senegal River, 1831-1858." African Economic History, No. 15 (1986), pp. 39–67.
- Marfaing, Laurence; L'Evolution du commerce au Senegal, 1820-1930. Paris (1992)
- Newbury, C.W.; "The Protectionist Revival in French Colonial Trade: The Case of Senegal." The Economic History Review, New Series, Vol. 21, No. 2 (Aug., 1968), pp. 337–348.
- Niaré, Djibril Issa; CONTRIBUTION À L'HISTOIRE ÉCONOMIQUE DU SOUDAN FRANÇAIS :LE COMMERCE COLONIAL :1870-1960. Université de Bamako Faculté des Lettres, Langues, Arts et Sciences Humaines (2007)
- Péhaut, Yves; "Les maisons de négoce bordelaises face aux mutations du négoce dans les années 1920-1960 (Maurel et Prom)", in BONIN Hubert, CAHEN Michel (eds), Négoce blanc en Afrique noire. L'évolution du commerce à longue distance en Afrique noire du 18e au 20e siècles. Paris, Société française d'histoire d'outre-mer - Alterna, 2001.
- Péhaut, Yves; Le réseau d’influence bordelais : la "doyenne" Maurel & Prom jusqu’en 1914 (doc) or Le réseau d’influence bordelais : la "doyenne" Maurel & Prom jusqu’en 1914 (pdf).