27 May 2010

French Polynesia based company to take over BP Southwest Pacific

11:40 am on 27 May 2010

The French Polynesia based company, Pacific Petroleum Company officially takes over the former operations of British Petroleum Southwest Pacific in American Samoa and other island countries from today.

The new name of the company is Pacific Energy.

The company is keeping all 26 employees of BP who were working at the fuel tank terminal at Utulei.

Pacific Petroleum was one of the four bidders which submitted proposals to the terminal operator for the American Samoa Government tank farm.

BP Southwest Pacific has been the terminal operator since 2001.

Also included in the sale of BP operations to Pacific Petroleum are Fiji, Tonga, Vanuatu, Tuvalu and the Cook Islands.

The company is owner by Tahitian millionaire Albert Moux.

The American Samoa operations of Pacific Energy will come under the company's offices in Fiji.

Pacific Petroleum was formed in 2006 following the acquisition of the Shell group activities in French Polynesia, New Caledonia and Vanuatu.