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Tag: Lubricants
ADNOC TOTAL EGYPT

ADNOC Distribution to acquire 50% stake in TotalEnergies’ Fuel Retail and Lubricants Business in Egypt

Posted: July 29, 2022 at 7:35 pm   /   Oil & Gas

Delivering on its commitment to pursue attractive international growth, ADNOC Distribution signs an agreement to acquire a stake in a significant portfolio, which includes 240 fuel retail stations, wholesale fuel, aviation fuel and lubricants operations. c. $203 million investment is the largest in ADNOC Distribution’s history. The acquisition will accelerate ADNOC Distribution’s international growth following […]

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ENOC Misr expands distribution and starts production in Egypt

Posted: March 5, 2020 at 1:47 pm   /   Oil & Gas

ENOC Misr, a joint venture between Proserv Group and the UAE’s Emirates National Oil Company (ENOC), signed a memorandum of understanding with local lubricant manufacturers to evaluate blending and manufacturing ENOC lubricants in Egypt.  The move comes as part of ENOC Misr’s ambitious plans to maximise operational efficiency and ensure product availability in the local […]

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ADNOC Distribution looking to expand into Egypt, North Africa – COO

Posted: November 5, 2019 at 4:02 pm   /   Oil & Gas

ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a potential market for its planned expansion out of the UAE, COO Mohammad Al Hashimi tells Bloomberg TV (watch, runtime: 7:15). Al Hashimi said that he sees Egypt as a “great market” with “massive growth,” positive macro indicators, […]

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