Group

Created in 1813 as a trading company between Bordeaux and the French colonies in West Africa, Etablissements Maurel & Prom was one of the leading shipping companies between France and Senegal, the Ivory Coast, Cameroon, Gabon and Congo.

The decline in the shipping sector in the 1970s led the Group to refocus its activity on the agri-food sector, later expanding into oil and gas services, gold and forest industries. Maurel & Prom was 76% controlled by Electricité et Eaux de Madagascar (EEM) until 2000, when it became a separate legal entity in order to focus on the oil business.

Since then, led by its current Chairman and Chief Executive Officer, Jean-François Hénin, Maurel & Prom’s business has focused on hydrocarbon exploration and production.

The strategy of the Group is to position itself in the upstream petroleum sector: exploration and production.