Oryx Energies is one of Africa’s largest and longest-established independent providers of oil and gas products and services, sourcing, supplying, storing and distributing oil and gas products to consumers, businesses and maritime operations.
The company has been contributing to sub-Saharan Africa’s development since December 1987, with its trading arm Addax Energy handling sourcing and supply.
Kenya Operations
Oryx Energies has been one of the main importers of refined oil products — gasoline, automotive oil, jet fuel — since it began operations in Kenya, supplying products for both local consumption and re-export.
Its trading arm Addax Energy participates in the Kenyan Open Tender System for both crude oil and refined products.
The Kenya office is located at the 9 West Building, 5th Floor, Ring Road Parklands, Westlands, Nairobi.
Downstream Expansion
The Swiss multinational has been expanding its presence in Kenya’s fuel markets, diversifying from its traditional role as a bulk supplier — a move mirroring its strategy in Uganda.
G2G Fuel Deal
Saudi Aramco dropped Oryx Energies as its local diesel importer under the government-to-government (G2G) fuel deal in December 2023, replacing it with Asharami & One Petroleum — making Oryx the first OMC kicked out of the deal.
At the heart of the dispute: Oryx was contracted to supply 85,000 metric tonnes of diesel but delivered 93,225 metric tonnes, and sought to invoice other oil marketers using August Platts prices instead of the agreed July prices — a move estimated to cost fuel consumers approximately Sh1.7 billion.
Oryx Energies is a Swiss group of companies, majority-owned by the private investment group AOG (Addax and Oryx Group), present in 17 sub-Saharan countries.
AOG is registered in Malta. In 2017, the International Consortium of Investigative Journalists (ICIJ) exposed the faces behind AOG through the Paradise Papers — a leak of 13.4 million files detailing offshore activities of wealthy individuals and companies. Individuals listed as AOG shareholders include:
∙ Alejandro Roque — Canary Islands businessman
∙ The family of Ali-Shinkafi Umaru — former Nigerian intelligence chief
∙ Emmanuel De Reynies — former Total Energies Asia Managing Director
∙ Moussa Diao — Oryx Energies SA CEO
∙ Arnaud Jean Talabardon — Oryx Energies SA Board Chair
∙ Hugues De Montauzon, Pierre Bottin, Laurence Heelein — AOG insiders
∙ Thierry Genthialon — Extraware GMBH Managing Partner
∙ Nikolai Germann — Enterprise Power Limited founder
∙ Oladayu Oluchukwu Kusamoto — US-based Nigerian national
Oryx Energies’ group-level management team currently comprises:
∙ Moussa Diao — CEO
∙ Hervé Bouvet — Trading Manager
∙ Stephen Paris — Chief Financial Officer
∙ Christophe Robert — Chief Operating Officer
Key Principal for Kenya operations: Dun & Bradstreet lists Christian Callede as the Key Principal for Oryx Energies Kenya Limited.
