Our Group

Group Activities

BB Energy Group Holding Ltd. (DIFC)

This is the parent consolidating entity of the Group which owns the following four key subsidiaries:

1) BB Energy Holdings N.V., Curaçao
Our holding company involved in global Oil & Gas trading activities and owns the below subsidiaries:

• BB Energy Trading Ltd., London
Europe and the Mediterranean region

• BB Energy (Gulf) DMCC, Dubai
Middle East, Arabian Gulf, Red Sea, East and South Africa, Pakistan, Western side of India and the CIS

• BB Energy (Asia) Pte Ltd., Singapore
All the Indian subcontinent in addition to Asia and the Pacific region

• BB Energy USA LLC, Houston
Domestic trading in the US in addition to Central and South America

• Feedco S.A., Geneva
Established trader of Base Oil with a substantial inter- national client base, especially in Africa

• Storm Energy S.A., Geneva
Oil distribution business active in Zimbabwe and the DRC mainly for Gasoline and Gasoil

• BB Energy Belgium SRL and BB Energy France SAS
Recently established domestic oil trading activities in France and Belgium

2) 3B Holdings Limited, Dubai - DIFC
Our holding company involved in global Bitumen activities and owns the below subsidiaries:

• 3B Trading DMCC, Dubai
The Bitumen trading arm of the Group

• Maris Terminal, Turkey
The Maris terminal is in the port of Mersin, which is the only storage facility dedicated to the import of Bitumen into the Southeastern region of Turkey

• 3B Shipping Ltd., Marshall Islands
We charter vessels to support our trading activities

• Bitubulk SRL, Italy
The group owns 75% of Bitubulk, a newly acquired Bitumen trading company based in Italy

A Message from the 3B Group CEO

Since its inception in 2011, 3B Group has played an integral role in the success of the wider BB Energy Group, covering the entire spectrum of the bitumen industry.

Over the last 15 years, we have successfully diversified our business offering, responding to the ever-changing needs of our customers to continue focusing on the trading, refining, storage and shipping of bitumen while expanding into new markets in MENA and Asia. We have also continued to acquire ships and additional bitumen storage terminals.

To help meet our clients' challenges, we are continuing to develop our four highly-specialist subsidiaries 3B Trading, Bitubulk, 3B Shipping, and Maris Terminal. 3B Trading, the primary trading arm of 3B Group, has achieved an expansion of foot prints and rapid rise in bitumen trading volumes to reach in excess of 400,000 metric tonnes since it began trading in early 2005. Meanwhile, Bitubulk, which we acquired in December 2022, specialises in the trading and shipping of asphalt to customers in Europe, the Mediterranean and Africa.

In 2011, 3B Shipping was incorporated to ship bitumen cargoes for the 3B Group across the Mediterranean, MENA region, West Africa and Northern Europe. Finally, the 3B Group-managed Maris terminal proudly operates the first bitumen Import/Export terminal in Turkey with a storage capacity of 12,500 metric tonnes today.

I would like to recognise the incredible team working across 3B Group and our affiliates who are committed to developing dynamic and innovative solutions to benefit our customers. Going forward, we will continue to develop and grow our unique offering of bitumen support services including bags, drums and ISO containers.

I look forward to continuing to celebrate our collective success.

Khaled Bassatne
CEO, 3B Group

Click to view 3B Group company profile

3) BB Energy Renewable Division (RED) Pte Ltd., Singapore
Our new holding company involved in investing and managing Renewable Energy projects and owns:

• Solarcentury Africa
In line with the Group’s ambition to transition to greener and cleaner energy, the Group acquired Solarcentury Africa in Q1 2021. Solarcentury Africa is one of the leaders in Africa for the development of solar PV and energy storage projects

4) BBE D Pte Ltd., Singapore
Our holding company involved in investing and managing downstream Oil & Gas assets which complements our trading activities. BBE D Pte Ltd. owns the following subsidiaries:

• Hypco Turkey
Retail and distribution business in Turkey servicing the country from a fast growing network of 111 stations

• Société Pétrolière Ltd., Rwanda
Our leading downstream distribution company in Rwanda (largest Oil Marketing Company) with sourcing subsidiaries in Kenya and Tanzania. SP owns a storage depot and sells refined petroleum products through its retail network to commercial and industrial customers

• Société Pétrolière Ltd., Morocco
We opened new offices in Casablanca and reached our target to have ten operational retail stations under our brand ‘Société Pétrolière’

• Euro Oil (Pvt) Ltd., Pakistan
Our Oil Marketing Company in Pakistan selling Gasoline and Diesel from a network of retail stations in the Punjab region. Euro Oil operates 48 retail stations and one storage depot with a capacity of 7,000 mt

Our affiliated companies:

• BB Energy Management S.A., Athens
Our Group’s administrative and risk management centre where all the Group’s transactions are recorded, monitored, and consolidated