M&A Deal Summary

Chevron Acquires Societe Shell du Cameroun

On November 30, 2005, Chevron acquired oil/gas exploration company Societe Shell du Cameroun

Acquisition Highlights
  • This is Chevron’s 3rd transaction in the Oil/Gas Exploration sector.
  • This is Chevron’s 1st transaction in Cameroon.

M&A Deal Summary

Date 2005-11-30
Target Societe Shell du Cameroun
Sector Oil/Gas Exploration
Buyer(s) Chevron
Deal Type Add-on Acquisition

Target

Societe Shell du Cameroun

Cameroon
Societe Shell du Cameroun, which includes 49 service stations as well as certain other in-country assets.

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Buyer(S) 1

Buyer

Chevron

San Ramon, California, United States

Category Company
Founded 1879
Sector Oil/Gas Exploration
Employees45,298
Revenue 193.4B USD (2024)
DESCRIPTION
Chevron office in downtown Houston, Texas.
Chevron office in downtown Houston, Texas.

Chevron is a fully integrated energy company. Its business includes petroleum operations, chemicals, mining operations, power generation and energy services. Chevron's exploration and production operations consists of exploration, development and production of crude oil and natural gas. Chevron was incorporated in 1879 and is based in San Ramon, California.


DEAL STATS #
Overall 5 of 19
Sector: Oil/Gas Exploration M&A 3 of 13
Type: Add-on Acquisition M&A Deals 1 of 9
Country: Cameroon M&A 1 of 1
Year: 2005 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-10 Unocal

El Segundo, California, United States

Unocal Corp. a petroleum explorer and marketer headquartered in El Segundo, California.

Buy $17.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-24 Chevron Benelux Fuels Marketing Business

Netherlands

Chevron's Benelux fuel marketing operations, which include 803 Texaco branded service stations, two fuel terminals in Belgium and Luxembourg, interests in six joint venture retailers in the Netherlands, as well as other related assets.

Sell $460M