Johannesburg − Shell South Africa Holdings (Pty) Ltd, a subsidiary of Shell plc (Shell), has agreed to sell its equity interest in Shell Downstream South Africa (Pty) Ltd (SDSA) to Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution).
The sale is part of Shell’s strategy to transform its Downstream portfolio and focus on key markets, consistent with its Capital Markets Day commitments.
The transaction is expected to be completed in 2027, subject to regulatory approvals. Upon completion, the Shell brand will remain in South Africa through brand licensing agreements, and customers will continue to have access to Shell’s premium fuels and lubricants.
SDSA staff will retain their current employment under the new ownership.
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