Windhoek, Namibia. 4 September 2023: Vivo Energy Namibia, the company that distributes and markets Shell-branded fuels and lubricants in the country, is pleased to announce its acquisition of the assets and business conducted by Triple J Energies Proprietary Limited, trading under the business name 'GasIt'. The acquisition means that Vivo Energy Namibia will commence with the selling and distribution of LPG as part of its business offering under the GasIt trademark.

Since 2012, GasIt has developed its LPG business in Namibia’s evolving energy market with a clear vision and focus on delivering a high-quality service and product to its customers.

This acquisition and continued investment in the country positions Vivo Energy Namibia as the first oil marketer to operate its own brand of LPG in the Namibian energy space. "The acquisition of GasIt is a significant milestone for us as it enables us to enter the LPG market and deliver further value and convenience to our customers," said Edward Walugembe, Managing Director of Vivo Energy Namibia.

Jorge Machado, Managing Director of Triple J Energies, added: "Triple J Energies’ decision to reshape its portfolio is driven by a new phase of its development and evolving business priorities towards emerging markets. We believe Vivo Energy Namibia is best placed to take over and operate the GasIt business. We have taken all measures to ensure the change of control is seamless for all our local customers and suppliers. We wish to sincerely thank our partners in Namibia for their support over the last 11 years."

During the change of control focus will be on ensuring smooth integration, with minimal disruption to existing customers. Both Vivo Energy and Triple J Energies have undertaken extensive planning and preparation to minimise any potential challenges, with existing contracts, agreements, and pricing structures remaining unchanged.

Media Contacts:

Lazarus Nafidi
Corporate Communications Manager
Vivo Energy Namibia
+264 81 141 4394
[email protected]

Notes to editors:

With a vision to become Namibia’s most respected energy business Vivo Energy Namibia, the company that distributes and markets Shell-branded fuels and lubricants, was established in October 2012. The Shell brand has been in Namibia since 1975.

Vivo Energy Namibia has a fuels storage capacity of 7,718 cubic metres and operates 74 service stations, with many offering Shell Cards and convenience retail stores.

Vivo Energy Namibia employs more than 120 permanent employees. The company is recognised as a leader in the oil industry, championing and setting standards for safety.

The Vivo Energy Group operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,600 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including aviation, marine, mining, construction, power, transport, and manufacturing.

The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity. The Group’s joint venture, Shell and Vivo Lubricants B.V., sources, blends, packages and supplies Shell-branded lubricants at plants in six countries.

For more information about Vivo Energy, please visit www.vivoenergy.com