Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC) has signed an exclusive agreement with Penthol, according to a statement.
Under the agreement, Penthol will be the exclusive seller of ADNOC's Group III base oil in the US, according to a statement.
ADNOC produces up to 500,000 metric tonnes per year of high quality Group III base oil through the Abu Dhabi Oil Refining Company (Takreer).
This kind of oil is used to manufacture top tier, high performance engine oils.
