Vivo Energy has finalized its acquisition of TotalEnergies Marketing Jordan, securing full control of the French major's downstream operations in the country.
The deal includes the transfer of TotalEnergies' network of service stations and related assets in Jordan to the African-focused distributor.
The transaction marks a strategic expansion for Vivo Energy, which is backed by Shell and operates approximately 4,200 service stations across 29 markets.
By taking over TotalEnergies' Jordanian business, Vivo Energy strengthens its presence in the Middle East, a region critical for fuel distribution and retail energy services.
For TotalEnergies, the sale represents a continued shift in its downstream portfolio, focusing resources on core markets while divesting non-operated or peripheral interests.
This move follows other recent strategic exits by the French energy major, including the sale of its non-operated interest in the Marjoram gas field offshore Malaysia to Japan's Inpex Corp.
The acquisition is expected to integrate seamlessly into Vivo Energy's existing operations, leveraging its established supply chain and retail expertise.