Divestiture • Oil/Gas Exploration

Total Outre-Mer S.A. Acquires Chevron Uganda

On November 3, 2008, Total Outre-Mer S.A. acquired oil/gas exploration company Chevron Uganda from Chevron Africa Holdings

Acquisition Context
  • This is Total Outre-Mer S.A.’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Total Outre-Mer S.A.’s 1st transaction in Uganda.

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M&A Deal Summary

Date November 3, 2008
Target Chevron Uganda
Sector Oil/Gas Exploration
Buyer(s) Total Outre-Mer S.A.
Sellers(s) Chevron Africa Holdings
Deal Type Divestiture

Target Company

Chevron Uganda

Uganda
Chevron Uganda Ltd.owns bulk storage facilities of refined oil products
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Buyer Overview 1

Buyer

Total Outre-Mer S.A.

Puteaux,, France

Category Company
Founded 1947
Sector Oil/Gas Exploration
DESCRIPTION

TOTAL Outre-Mer S.A., through its subsidiaries, explores, produces, and markets oil and gas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Oil/Gas Exploration 2 of 2
Type: Divestiture 2 of 2
Country: Uganda 1 of 1
Year: 2008 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-03 Chevron Kenya

Nairobi,, Kenya

Chevron Kenya Ltd., owns bulk storage facilities of refined oil products in Mombasa and Nairobi.

Buy -

Seller Profile 1

SELLER

Chevron Africa Holdings

South Africa

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Chevron Africa Holdings Ltd., through its subsidiaries processes and markets fuel oil.


Deal Context for Seller #
Overall 2 of 2
Sector: Oil/Gas Exploration 2 of 2
Type: Divestiture 2 of 2
Country: Uganda 1 of 1
Year: 2008 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-03 Chevron Kenya

Nairobi,, Kenya

Chevron Kenya Ltd., owns bulk storage facilities of refined oil products in Mombasa and Nairobi.

Sell -