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The founders of Pen-Oil are a group of international traders who saw an opportunity as the liquid petroleum industry is being deregulated to lower barriers that have kept other would be participants from entering. In Order to give it a competitive edge, Pen-Oil is a wholly owned South African company that has started forming partnerships with other independent oil companies in Africa. While it is correct to say that Pen-Oil is located in a country that has a big economy with advanced infra structures, it is equally correct to say that the experience of the rest of the region has influenced the direction Pen-Oil has taken in order to make it sustainable. Pen-Oil continues to attract personnel and consultants who are passionate about the role of business development in Africa. From its inception, Pen-Oil positioned itself as a South African Company that sees value in being a genuine partner with other companies which are committed to contributing economic growth in Africa. |
