Vivo Energy is pleased to announce the signing of a Share Purchase Agreement (SPA), under which Vivo Energy will acquire 100% of the shares in TotalEnergies Marketing Jordan.

On completion of the transaction, Vivo Energy – which currently operates around 4,000 service stations across 28 markets – will take over TotalEnergies Marketing Jordan, including its network of around 180 service stations in Jordan, together with its commercial fuels and lubricants operations.

For Vivo Energy, the acquisition strengthens its presence and supports its track record of growth into high-potential markets.

Commenting on the transaction, Stan Mittelman, CEO, Vivo Energy, said: “This agreement marks an exciting new step for Vivo Energy as we expand beyond our current 28 markets into Jordan – a market with strong and stable fundamentals and a talented workforce. We share a common focus on safety, operational excellence, and customer service, and look forward to supporting continued growth in the market.”

Vivo Energy’s success is driven by empowered local management teams, serving customers and stakeholders effectively – a model that it will bring to Jordan.

Mittelman added: “This acquisition aligns perfectly with our strategy to build a stronger, more diversified downstream energy company. Upon completion, we intend to introduce our Engen retail brand, and bring additional technical expertise and innovation to Jordan, while respecting and learning from the deep local knowledge and experience of the existing team.”

Completion of the transaction is subject to regulatory approvals and fulfilment of conditions precedent. Until completion, TotalEnergies will continue to operate the business and will work closely with Vivo Energy to ensure a smooth transition for employees, dealers, partners and customers.

About Vivo Energy

Established in 2011, we are the company behind the Shell and Engen brands across many African markets. We source, distribute, market and supply high-quality fuels and lubricants through service stations and directly to commercial customers, in addition to providing a growing non‑fuel retail offering – making our customers' experience with us more convenient and rewarding.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.