The quiet Benin-born engineer who built a $900 million African oil empire nobody saw coming
A Benin-born engineer who once ran Gabon's hydrocarbons office quietly built a private empire worth nearly $1 billion through Petrolin Group.
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A Benin-born engineer who once ran Gabon's hydrocarbons office quietly built a private empire worth nearly $1 billion through Petrolin Group.
Gabonese oil magnate Samuel Dossou-Aworet eyes a major payout as Petrolin plans to sell its 40 percent ND Western stake to Aradel Energy.
This underscores growing doubts about whether the company can push its long-delayed Turkana oil project to commercial production.
An international tribunal ruled that the company is not liable for a $320 million tax assessment levied by the Ghana Revenue Authority.
Dossou-Aworet, through his wholly-owned Petrolin Group, holds a 13.87-percent stake in Seplat, representing 81,015,319 ordinary shares.
Dossou-Aworet leads Petrolin Group, a powerhouse in Africa's oil and gas sector, where he has brokered landmark deals and investments since 1992.
Dossou-Aworet has recorded a notable surge in his fortune, propelled by the performance of his holdings in Nigeria’s largest listed energy group.