Trafigura
Trafigura Beheer BV is a Dutch multinational commodity trading company founded in 1993 trading in base metals and energy, including oil. In 2008, the company had equity of more than $2 billion and a turnover of $73 billion that generated $440 million of profit. By 2011, its revenue had increased to $121.5 billion and its profits to $1.11 billion.
It operates from 55 offices in 36 countries. It is the world's third largest private oil and metals trader after Vitol and Glencore Xstrata. Trafigura was set up by Claude Dauphin and Eric de Turckheim. It split off from a group of companies managed by Marc Rich in 1993. Dauphin owns less than 20% of the company, with the rest owned by 500 senior staff.
Focus
Past deals in Papua New Guinea
C-Zero
Venture Round in 2022
C-Zero develops a natural gas decarbonizing technology designed to avoid the generation of carbon dioxide from energy processing. The company's technology removes the carbon from natural gas so that energy consumers can enjoy zero-emission, low-cost energy on demand. It uses high-temperature catalytic melt systems to break down methane, the primary molecule in natural gas, into hydrogen and solid carbon.
GFG Alliance
Debt Financing in 2018
GFG Alliance, the international industrial, energy, natural resources and financial services group. GFG Alliance is an international group of businesses, founded and owned by the British Gupta Family. It combines some of the world’s leading industrial, natural and financial resources, working together towards the delivery of a common industrial strategy. The Alliance’s ‘end-to-end’ business model encompasses mining, energy generation, metals and engineering, underpinned by industry-friendly financial services, a substantial property investment portfolio and a skills & education-focused charitable foundation.
K92 Mining
Post in 2019
K92 Mining Inc. engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. The company is headquartered in Vancouver, Canada.
Quidnet Energy Inc.
Series B in 2020
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid.
The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.
Adventus Zinc
Post in 2022
Adventus Mining Corporation engages in the exploration and development of mineral properties in Ecuador, Canada, and Ireland. The company explores for gold, silver, zinc, copper, and lead deposits. Its principal project is the Curipamba property located in Ecuador. The company was formerly known as Adventus Zinc Corporation and changed its name to Adventus Mining Corporation in June 2019. Adventus Mining Corporation was founded in 2016 and is based in Toronto, Canada.
Daphne Technology SA
Series B in 2021
Daphne Technology is developing a catalyst-free, nano-technology that helps the petrochemical, power and transportation industries reduce air emissions to the levels required by international and national regulations.
Daphne Technology’s patented solution can be miniaturized and is especially well-suited to meet the requirements of marine vessels.
This approach reduces capital costs when compared to other technologies and can also be used without switching fuel, resulting in a substantial reduction in operating costs.
Nyrstar
Post in 2018
Nyrstar engages in mining, smelting, and producing zinc, lead, and other base and precious metals primarily in Europe, Australia, Canada, the United States, and Latin America. It offers zinc in concentrate from its mining operations, as well as offers zinc galvanizing alloys and zinc die casting alloys for various industries that range from construction and infrastructure, transport and industrial machinery, and communications to electronics, consumer products, and human health.
Admore
Acquisition in 2017
Admore, an oil marketing company, retails refined petroleum products and lubricants to commercial, industrial, and individual clients in Pakistan. It offers circulating and heat transfer, hydraulic, gear and turbine, compressor, and transformer oils, as well as metalworking fluids, and sugar mill/gear and wire rope compounds; and oils for gasoline and diesel engines, and motorcycles, as well as transmission and brake fluids.
Public Joint Stock Company Rosneft Oil Company
Post in 2021
Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Rosneft activities include hydrocarbon exploration and production, upstream offshore projects, hydrocarbon refining, and crude oil, gas and product marketing in Russia and abroad.
Nyrstar
Acquisition in 2019
Nyrstar engages in mining, smelting, and producing zinc, lead, and other base and precious metals primarily in Europe, Australia, Canada, the United States, and Latin America. It offers zinc in concentrate from its mining operations, as well as offers zinc galvanizing alloys and zinc die casting alloys for various industries that range from construction and infrastructure, transport and industrial machinery, and communications to electronics, consumer products, and human health.
President Energy
Post in 2020
President Energy Plc engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds exploration assets in Argentina, the United States, and Paraguay. It also sells hydrocarbons. The company was formerly known as President Petroleum Company PLC and changed its name to President Energy Plc in September 2012. President Energy Plc was founded in 2004 and is headquartered in Leeds, the United Kingdom.
