ENOC Group announced the signing of a three-year agreement with Royal Marine Services to distribute a wide range of marine lubricants in Egypt.
The agreement aims to boost the Group’s lubricant product presence in a thriving market. The marine lubricants industry in Egypt has experienced growth at a steady pace with annual transactions, including local and international lubricants at over 24 million litres.
On this occasion, ENOC CEO Saif Humaid Al Falasi said, “Over the years we have strived to establish a strong presence across local and international markets to offer our customers a diverse portfolio of lubricants. Our latest partnership with Royal Marine Services is another milestone as we continue to support the overall growth of the maritime and shipping sector at an international level.”
It is worth noting that ENOC Misr, a joint venture between Proserv Egypt Group and the UAE’s Emirates National Oil Company (ENOC), is responsible for the local marine market. Royal Marine services will manage the international marine market for ENOC Group.