UAE - Mubasher: Emirates National Oil Company (ENOC Group), a global diversified energy group, announced it has signed a memorandum of understanding (MoU) with IMS Oil Trading Ltd, an international trading operator in Greece.
Under the MoU, the Dubai-based group will exclusively supply lubricants for up to 16 product tankers at IMS Oil’s Fujairah and Singapore ports, according to a press release.
Through this partnership, ENOC will expand its marine lubricants supply network to over 110 ports in 23 countries across the world.
Saif Humaid Al Falasi, group CEO of ENOC, said: “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,” he added.
ENOC Group has a diverse portfolio of lubricants and greases designed for applications in many sectors including, industrial, marine, heavy duty diesel engines, and commercial which it provides to a wide range of marine vessels.
The group’s marine lubricants are available in 23 countries across the Middle East, Africa, South East Asia, and the Indian Subcontinent.
