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Soekor (South Africa)

Southern Oil Exploration Corporation (Pty) Ltd

Last modified: 2018-05-10 by bruce berry
Keywords: south africa | soekor |
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image by Arthur Radburn, 03 Mar 2018

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Background

The Southern Oil Exploration Corporation (Pty) Ltd (commonly known as "Soekor") was a government-owned corporation established in 1965. It was incorporated into the Petroleum, Oil and Gas Corporation of South Africa in 2002.

According to its website, the Petroleum Oil and Gas Corporation of South Africa (SOC) Limited ("PetroSA") is the national oil company of South Africa and is registered as a commercial entity under South African law. PetroSA is a subsidiary of the Central Energy Fund ("CEF"), which is wholly owned by the State and reports to the Department of Energy. 
  The company holds a portfolio of assets that spans the petroleum value chain, with all operations run according to world-class safety and environmental standards. PetroSA was formed in 2002 upon the merger of Soekor, Mossgas (Pty) Limited and parts of the Strategic Fuel Fund, another subsidiary of CEF. The core business activities of PetroSA are:
• The exploration and production of oil and natural gas
• The participation in, and acquisition of, local as well as international upstream petroleum ventures
• The production of synthetic fuels from offshore gas at one of the world’s largest Gas-to-Liquid (GTL) refineries in Mossel Bay, South Africa
• The development of domestic refining and liquid fuels logistical infrastructure
• The marketing and trading of oil and petrochemicals. PetroSA operates the FA-EM, South Coast gas fields as well as the Oribi and Oryx oil fields. The producing gas fields provide feedstock to the Mossel Bay GTL refinery. Outside South Africa, the company has exploration acreage in Equatorial Guinea and Namibia. PetroSA’s GTL refinery produces ultra-clean, low-sulphur, low-aromatic synthetic fuels and high-value products converted from natural methane-rich gas and condensate using a unique GTL Fischer Tröpsch technology.
Arthur Redburn, 03 Mar 2018
 

Soekor flag

Soekor's flag was registered with the Bureau of Heraldry on 10 June 1983 (Certificate 1385 dated 20 February 1984) with the following description : "A rectangular flag, proportions three by two, consisting of two vertical bands of equal width, white and blue; on the white a single black drop charged with a white droplet offset towards the tack."

The flag is no longer in use following the incorporation of the company into PetroSA in 2002.
Arthur Redburn, 03 Mar 2018


 

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