| Deal #1165 | Version 87934 | Version 92526 |
|---|---|---|
General info | ||
| Comment on intention of investment | The company plans to produce crude oil, refined palm oil, palm kernel oil, margarine, cosmetics, soap, animal feed and also biofuel. In addition to margarine, the company has moved into the production of biofuel made from palm oil. | ECO-OIL ENERGIE is an agricultural and agro-industrial company, which is involved in the cultivation of oil palm and rubber trees in Congo.
The company plans to produce crude oil, refined palm oil, palm kernel oil, margarine, cosmetics, soap, animal feed and also biofuel. In addition to margarine, the company has moved into the production of biofuel made from palm oil. |
| Carbon offset project | No | |
Employment | ||
Investor info | ||
| Name of investment project | Eco-Oil Energie SA Congo | |
Local communities / indigenous peoples | ||
| Comment on negative impacts for local communities | A critical report of consultants who visited an Eco-Oil concession area in 2016, reported deforestation, illegal practices and conflicts with communities, among others, in the Cuvette region | A critical report of consultants who visited an Eco-Oil concession area in 2016, reported deforestation, illegal practices and conflicts with communities, among others, in the Cuvette region. |
Former use | ||
Produce info | ||
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Water | ||
Gender-related info | ||
Overall comment | ||
| Overall comment | Originally leased by Fri El Green, however contract was cancelled as the company did not meet their contractual obligations. Fri El Green leased 4000ha, with an option to expand to 44000ha. Fri El Green only received a portion of the Sangha Palm and National Board palm groves of Congo plantations. Eco Oil Energy seems to have acquired all the land previously under Sangha Palm and National Board palm groves of Congo. One data source states that the Society of African oil exploration and distribution, SARPD-Oil may also be a shareholder in the project- could not find any further information on this. | Originally leased by Fri El Green, however contract was cancelled as the company did not meet their contractual obligations. Fri El Green leased 4000ha, with an option to expand to 44000ha. Fri El Green only received a portion of the Sangha Palm and National Board palm groves of Congo plantations. Eco Oil Energy seems to have acquired all the land previously under Sangha Palm and National Board palm groves of Congo. One data source states that the Society of African oil exploration and distribution, SARPD-Oil may also be a shareholder in the project- could not find any further information on this.
It has 4 production sites spread across the Congolese territory and is a major player in the development of the country's agricultural and agro-industrial sectors |
Meta | ||
Locations | ||
Location #DVpoNSG0 | ||
| Comment | Sangha plantation in Cuvette-Ouest district-- 100ha | Located in Etoumbi, Congo
Sangha plantation in Cuvette-Ouest district-- 100ha. |
Location #godcX0-- | ||
| Comment | RNPC land in the Cuvette district- 500ha | RNPC land in the Cuvette district- 500ha. |
Location #5sNWaHG7 | ||
| Comment | District Mokeko | Located in District Mokeko. |
Data sources | ||
Data source #XFGLnxcR | ||
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Data source #Cf0PPJn3 | ||
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| Type | Company sources | |
| Keep PDF not public | No | |
| Comment on data source | Eco Oil Energy Facebook page | |
Data source #IWEjPNw2 | ||
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Data source #Xnns1sDN | ||
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| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | ECO-OIL ENERGIE SA - Farming - Overview, Competitors, and Employees | |
| Organisation | Apollo.io | |
Contracts | ||