United Arab Emirates’ National Oil Company (ENOC) Group said on Monday it has signed a three-year agreement with Royal Marine Services in Egypt to distribute its lubricants there. 

ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market for ENOC Group, the Dubai-government owned oil company, said.  

ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines. 

Its products have presence in various markets in Asia, Europe and Africa. 

(Writing by Brinda Darasha; editing by Cleofe Maceda)  

brinda.darasha@refinitiv.com

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here

© ZAWYA 2021