Assala Energy UK Limited

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Assala Energy UK Limited - overview

Established

2016

Location

London, -, UK

Primary Industry

Oil & Gas

About

Assala Energy, Inc. is a UK-based exploration and production company dedicated to delivering high-quality hydrocarbons, primarily crude oil and natural gas, to meet the energy needs of diverse industrial sectors. Founded in 2016, Assala Energy, Inc. specializes in oil and gas exploration and production.


Headquartered in London, UK, the company has completed two deals, with the most recent being a TRADE SALE on August 15, 2023, where Maurel & Prom acquired Assala Energy from Carlyle Group for USD 730 mn. The CEO, David ROUX, leads the company's operations, focusing on enhancing energy security in targeted markets. Assala Energy specializes in the exploration and production of oil and gas, focusing on delivering high-quality hydrocarbons. Their main offerings include crude oil and natural gas, which are utilized across various sectors, such as energy generation and industrial applications.


The company addresses energy demands in international markets, ensuring a steady supply of hydrocarbons to fuel economies and support infrastructure development. Their products cater to a diverse client base, including national and international energy companies, refineries, and industrial manufacturers, who rely on Assala's resources for their operational needs. Geographically, Assala Energy targets markets in Africa and Europe, enhancing energy security and fostering sustainable practices within these regions. In the most recent year, 2023, Assala Energy generated a revenue of USD 54.


98 mn and an EBITDA of USD 3. 79 mn. The company generates revenue through the sale of crude oil and natural gas, engaging in direct transactions with various clients, including B2B partnerships and wholesale agreements. The revenue model typically involves long-term contracts with established energy firms, ensuring consistent demand for its core products.


Pricing structures are based on market rates, reflecting the commodities' value and demand fluctuations. Direct sales to refineries and industrial users supplement revenue streams, with transactions structured to provide reliable supply and competitive pricing. Following the TRADE SALE on August 15, 2023, the acquisition by Maurel & Prom will support growth and rejuvenate Assala's assets. The plan includes investing in operations, infrastructure, and potential mergers and acquisitions.


Specific strategies for future growth will involve the development of new products tailored to evolving market demands, although details on their release dates have not been specified. Additionally, Assala Energy aims to expand its footprint in emerging markets across Africa and Europe, aligning with Maurel & Prom's broader growth strategy.


Current Investors

Carlyle Group

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Exploration and Production, Petrochemicals

Website

www.www.assalaenergy.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Assala Energy UK Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedAssala Energy UK Limited-
GrowthCompletedAssala Energy UK Limited-
Add-onCompletedRoyal Dutch Shell's onshore assets in Gabon-

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