WE ARE 100% GHANAIAN
We are a wholly owned Ghanaian company committed to delivering exceptional results to all our stakeholders.
Market Growth (Litres Sold) CAGR 2019-23
ABOUT US
ZEN has a long track record of outstanding performance, operating as a world-class company
As a market leader, we supply Fuel, Lubricants and related services to Mines nationwide. We also operate a fast-growing retail network of 58 active service stations, employing over 1,300 staff and supplying over 30 million litres of fuel a month. ZEN has consistently proven to be a reliable, safe, and valuable partner in the supply of fuel products to the industrial and retail sectors in Ghana.
Over the years, ZEN has successfully earned a reputation for:
Consistent supply of superior quality petroleum products, working with leading international suppliers, and being the first to supply low-sulphur diesel in Ghana.
Quality, safety, zero losses with secure, on-time service delivery.
OUR MISSION
To deliver high-quality, affordable fuels and lubricants with an unwavering commitment to safety, innovation, and environmental responsibility.
OUR VISION
To be Ghana’s most trusted leader in fuels and lubricants, distinguished by world-class service and innovation.
OUR VALUES
At ZEN, our values are the foundation of who we are and influence every decision we make. Our SHARED Values drive our work, strengthen our relationships, and guide our contributions to the downstream petroleum sector.
Safety
The safety of our employees, customers and environment always comes first and takes precedence over the attainment of all other objectives. We believe that if it cannot be done safely, it cannot be done right. The safe way to do things is the best and most effective way in the long run, and all our actions must reflect this individual and collective commitment.
Honour
We individually regard it as a rare opportunity and privilege to work with our colleagues and to serve our customers; doing so brings us pride, esteem and pleasure. We believe that pride and honour from our individual and collective achievements are our greatest motivators.
Agility
We respond more quickly and decisively to anything that concerns the customer. We work smart without cutting corners. Our responsiveness to our customer’s expectations determines our organisation structure, our processes, our practices, our plans and our product and service offers.
Respect for the Individual
We are a collection of dedicated, hardworking, ordinary people who have teamed up to accomplish extraordinary things. We have very different backgrounds and beliefs but we believe that every individual deserves to be treated with dignity and respect.
Empowerment
We promote networks over perceived hierarchies, empowerment over stifling controls. We believe in and foster an enabling environment. We believe in demonstrating leadership at every level and empowering our employees to enhance their personal development and effectiveness, and hence ultimately, their ability to meet the expectations of our customers.
Delivery
We are known for managing our value chain with the aim of delivering to our customers on time and in full, every time. We constantly push boundaries. We only stand down when the customer says “received, ok”.
THE ZEN WAY
The ZEN advantage
We are at the forefront of clean fuel.
We champion the use of uncontaminated fuel for business growth.
We create and deliver value for our people and communities.
We are professional, dedicated and responsible corporate citizens.
We invest in the safest storage facilities. All infrastructure used in our supply chain is of industry grade.
We are results-driven and focused.
We are committed to zero losses and zero accidents.
Our Leadership Team
ZEN is managed by experienced professionals from a variety of disciplines, and all with significant experience in the oil and gas industries. Our stable and cohesive leadership team continually attracts industry experts, as the ZEN story develops, and the company continues to expand.
MEET OUR TEAM
Health, Safety and Environment
ZEN believes that without strict HSE adherence there is no room for our business to exist. Our key strategies emanate from Hazard Identification and Mitigation Processes, Emergency Response and Recovery Processes to cover every single task we perform at our customers sites.
LEARN MOREOur story so far...
2009
Began operations with a contract to partially supply fuel to Gold Fields’ Tarkwa Mine.
Started operations with only one staff member – our current Managing Director.
2010
Secured our first greenfield project contract to design, build, own, and operate a 250,000-litre fuel depot for Adamus Resources Ltd. The facility includes vendor-managed consignment stock, a fuel management system, and on-site personnel to support annual consumption of 12M litres p.a.
2011
Appointed as a Castrol Authorised Distributor for Ghana.
Secured a three-year contract to supply fuel and related services to Ghana Manganese Company (GMC), including the installation of fuel and lubricant storage and dispensing facilities.
2012
Awarded the contract as the sole fuel supplier to Gold Fields’ Tarkwa and Damang Mines – including the takeover and operation of fuel storage facilities across seven (7) distinct locations.
Established a registered office in Burkina Faso.
Began our retail journey with two (2) service stations in Ghana.
2013
Secured a contract to supply lubricants and related services to African Mining Services(AMS), including on-site stock management and consignment support, and completed the installation of bulk oil facilities at the Iduapriem Mine.
Commissioned a state-of-the-art lubricants and fuel analysis laboratory in Tarkwa in partnership with WearCheck.
Expanded our retail network to three (3) fully operational service stations.
2014
Commenced ad-hoc fuel supply, including importation, to Resolute Mining’s Syama operations in Mali.
Secured a contract to supply fuel and related services to Asanko Gold Ghana Ltd (Adansi Mine), including the installation of fuel and lubricant storage and dispensing facilities.
Expanded our retail network to eight (8) fully operational service stations across Ghana.
2015
Achieved ISO 9001 certification for Quality Management Systems.
Successfully launched ZEN Lubricants in partnership with Oryx Energies.
Secured a major contract to supply fuel and related services to Newmont Ahafo Mine in Ghana (36M litres p.a.).
From one, the team steadily grew to 90 – powered by passion and performance.
Expanded our retail network to nine (9) fully operational service stations across Ghana.
2016
Secured a contract to supply fuel and lubricants to Perseus Mining Ghana Ltd – Edikan Mine (30M litres p.a.).
Awarded a contract to supply fuel and related services to AngloGold Ashanti – Iduapriem Mine (25M litres p.a.).
2017
Secured a two-year contract to supply fuel and lubricants to Kinross Chirano Gold Mines Ltd (12M litres p.a).
Awarded the fuel and lubricants supply contract for the Hummingbird Komana Project in Mali.
Won a contract to supply fuel and related services to Resolute Mining at Syama, Mali (48M litres p.a).
Achieved ISO 14001 certification for Environmental Management Systems.
Attained BS OHSAS 18001 certification for Health & Safety Management Systems.
2018
Established Ladybird Logistics with 50 women Bulk Vehicle Operators (BVOs), all trained from the ground up, marking a historic milestone as the world’s first innovative all-female logistics fleet– to inspire inclusion and create jobs for Ghanaians.
Became the first Oil Marketing Company (OMC) in Ghana to introduce the supply of Ultra Low Sulphur Diesel, setting new industry standards.
Marked a significant safety milestone by celebrating 1,000 Lost Time Injury (LTI)-free days in April 2018.
Commissioned a state-of-the-art fuel storage depot at Tarkwa Mine with a capacity exceeding 5M litres.
2019
Acquired the largest petroleum storage facility in Takoradi – now operating as ZEN Terminals with a capacity of 33,000 MT – enhancing our strategic infrastructure and supply capacity.
Astra Oil Services, our Bulk Distribution Company (BDC), commenced operations with its first sale to ZEN Petroleum, marking a strong start to its journey.
Reached a remarkable safety milestone of 1,500 Lost Time Injury (LTI)-free days, a testament to our strong safety culture.
Awarded a contract to supply fuel and related services to AngloGold Ashanti – Obuasi Mine (8M litres p.a.).
Opened Ghana’s first filling station designed, constructed, and operated in full compliance with APEA standards – equipped with double-wall tanks, leak detection systems, overfill prevention mechanisms, flame arrestors, oil-water separators, and more.
Grew our retail presence to 19 fully operational service stations in key locations nationwide.
Litres of lubricants delivered by ZEN Petroleum in 2023
2020
Secured a two-year contract with ENI to provide bunkering services for their offshore service vessels.
Successfully renewed a two-year fuel supply contract with Chirano GoldMine, strengthening our longstanding partnership.
Established ZEN Transport Limited (ZTL), an innovative transport and logistics company, with an initial fleet of three (3) trucks delivering fuel across Ghana.
Completed a major refurbishment of the ZEN Terminals facility in Poasi, Takoradi, with capital expenditure of approximately US$2 million.
Expanded to over 600 staff, reflecting our growing impact.
Grew our retail presence to 31 fully operational service stations in key locations nationwide.
2021
Successfully renewed a three-year fuel supply contract with Ghana Manganese Company (GMC), strengthening our long-standing partnership.
Our investments in logistics (Ladybird Logistics, ZTL) and infrastructure (ZEN Terminals) enabled reliable fuel delivery during COVID-19. Strategic fuel reserves and close client collaboration helped mitigate price spikes, supply disruptions, and strengthen long-term partnerships.
Expanded our retail network to 38 fully operational service stations in key locations across Ghana.
2022
Recognised by the Financial Times as one of Africa’s Fastest Growing Companies – ranked #28 out of 79 selected businesses following a rigorous evaluation process.
Expanded our retail network to 44 fully operational service stations in key locations across Ghana.
2023
Recognised as one of only two Ghanaian companies featured consecutively for two years on the Financial Times and Statista 2023 annual ranking of Africa’s fastest-growing companies.
Expanded our retail network to 48 fully operational service stations in key locations across Ghana.
2024
Acquired a four-acre site in Tema for the development of the Group’s Transport Operations Centre.
Ladybird Logistics was recognised for Gender Equality and Inclusion at the prestigious Africa Sustainable Futures Awards held by the Financial Times in partnership with the World Bank Group in London.
Recognised by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year.
Astra Oil Services was honoured with a Special Recognition Award as the Best Growing Bulk Import, Distribution, and Export Company of the Year at the 2024 Ghana International Petroleum Conference (GHiPCON) Awards.
The Chief Driver at Ladybird Logistics was honoured with a Special Recognition Award as the longest-serving female tanker driver and as the Chief Driver representing all women in the Petroleum Downstream Sector at the 2024 Ghana International Petroleum Conference(GHiPCON) Awards.
Secured a one-year lubricants supply contract with Cardinal Namdini Mine, reinforcing the Group’s presence within the mining sector.
Grew our retail presence to 57 fully operational service stations in key locations nationwide.
2025
Began construction of the Transport Operations Centre in Tema at an estimated cost of approximately US$4 million, with the project currently about 75% complete.
Grown into a team of 1,300+ professionals supporting operations across Ghana.
Marked the achievement of operating 63 retail stations across the country.
Successfully renewed a five-year fuel supply contract and secured a five-year lubricants supply contract with Newmont.
Expanded the Group’s retail footprint to 63 fully operational service stations strategically located across key regions nationwide.
Won the Best Mine Supplier and Support Services Award at the 11th Ghana Mining Industry Awards (GMIA).
The Group’s transport business has recorded significant growth, expanding its fleet to 100 trucks and strengthening its capacity to deliver reliable fuel transportation solutions nationwide.
