Type Public Founded 1813 Number of employees 394 | Website www.maureletprom.fr Headquarters Paris, France Subsidiaries MPI Société Anonyme | |
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Industry Oil and Gas Drilling and Exploration.
Shipping and Trade (until 1970).
1970-1995: oil, mining, forestry, food processing. Key people Jean-François Hénin, chairman
Daniel Pélerin, Exploration Director,
Michel Hochard,CEO, Philippe Corlay, COO Stock price MAU (EPA) € 3.32 +0.01 (+0.30%)15 Mar, 4:35 PM GMT+1 - Disclaimer Parent organization PT Pertamina Internasional Eksplorasi dan Produksi | ||
The Maurel and Prom Company (French Etablissements Maurel et Prom S.A., MAUREL ET PROM, Maurel & Prom) is a French public company based in Paris. It is France's second-biggest oil company. Its name dates back to 1813. It is now an oil explorer with operations in Latin America and Africa.
Historically, Maurel & Prom was based in Bordeaux and was one of France's largest family-run shipping and foreign trade houses. It had trading interests throughout the French colonial empire, which included trading houses in Saint-Louis, Senegal, and modern Guinea, Gambia, Mali and Ivory Coast. The company changed its focus to agribusiness in 1986. It pivoted to oil exploration and production in 1998.
Maurel & Prom is now a holding company with fewer than 400 employees. It is involved in international exploration and production of hydrocarbons, including the drilling of offshore oil and natural gas in Africa and the Caribbean. The company has drilling contracts in the Democratic Republic of Congo, Gabon, Tanzania, Peru and Colombia. The company holds a 45% stake in Seplat, a Nigerian oil company, that was formed in 2009.