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OLA Energy Morocco Expands Agreement with ExxonMobil Petroleum & Chemical BV
OLA Energy Morocco, a leading energy company in Morocco and a significant player in Africa's energy sector, announced on Monday an expanded agreement with ExxonMobil Petroleum & Chemical BV to blend Mobil-branded lubricants in Morocco.
Building on their existing partnership, this initiative introduces new lubricant-blending capabilities to the region, according to a press release. OLA Energy Morocco's state-of-the-art facility, strategically located in Casablanca's "Les Roches Noires" industrial zone, will serve as the hub for blending Mobil lubricants in Morocco. This development positions the Kingdom as a production center for North, East, and West Africa, the company stated.
Fayed Altwair, CEO of OLA Energy, expressed his enthusiasm for the expanded agreement. "This opportunity to blend Mobil-branded lubricants reflects the trust and satisfaction in OLA Energy," he said. "Together, we are committed to driving innovation, excellence, and sustainable growth in the lubricants industry."
The synergistic agreement between OLA Energy Morocco and ExxonMobil Petroleum & Chemical BV paves the way for new market segments and business opportunities, strengthening their collective presence across Africa.