Addax Petroleum, headquartered in Geneva, Switzerland, is an international oil and gas exploration and production company. It has a rich history dating back to 1994 when it was established as a Nigerian indigenous exploration and production company. In 1998, Addax Petroleum became a public company on the Nigerian Stock Exchange.

The company offers a range of products and services, primarily focused on the exploration, development, and production of oil and gas resources. It operates in key regions such as Africa, the Middle East, and Europe. Addax Petroleum has exploration and production activities in Nigeria, Iraq, Gabon, and Cameroon, among other countries.

Addax Petroleum has several notable subsidiaries, joint ventures, and partnerships. One of its significant joint ventures is with the China National Petroleum Corporation (CNPC), which acquired a majority stake in Addax Petroleum in 2009. This partnership has been instrumental in the company's growth and expansion into new markets.

In terms of market position, Addax Petroleum is recognized as a global player in the oil and gas industry. The company has focused on sustainable growth and operational excellence. It has managed to maintain a strong position in the industry through its strategic investments, partnerships, and efficient operations.

Addax Petroleum has achieved numerous milestones over the years. In 2013, the company celebrated its 20th anniversary, highlighting its successful track record in exploration and production. The company has also been recognized for its commitment to corporate social responsibility and environmental stewardship.

Currently, there are no significant updates or key information available about Addax Petroleum. However, it is important to note that the oil and gas industry is constantly evolving, and the company's status may vary based on market dynamics and industry trends