Deal #1165
Congo, Rep.
Created at
2013-02-15
Last update
2024-04-10
Last full update
2024-04-10
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.
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