Emirates National Oil Company (ENOC Group) will supply lubricants for up to 16 product tankers at Greece’s IMS Oil’s Fujairah and Singapore ports, according to Reuters.
This comes in line with a memorandum of understanding (MOU) signed between the two companies. In addition, the partnership with IMO Oil will expand ENOC’s marine lubricant supply network to over 110 ports in 23 countries across the world.
“We continuously aspire to further expand our local, regional and international presence and are excited about the opportunities this presents for the Group. Our agreement with IMS Oil trading Ltd, marks a bold move to expand our operations. We pride ourselves for being a trusted and reliable partner to our stakeholders in the marine industry and hope that our agreement with IMS Oil is a testament to the quality of our products and services,” Group CEO of ENOC, Saif Humaid Al Falasi, said.
ENOC Group supplies lubricants to a wide range of marine vessels such as offshore supply boats, container liners, tankers, Navy and Coastguard ships, using a network of transport options including road tanker trucks and pipelines. It also provides a diverse portfolio of lubricants and greases that are designed for applications in many sectors including, industrial, marine, heavy duty diesel engines and commercial use.