OLA Energy Morocco, a leading energy company domestically and a major player in Africa, as well, announced on Monday the signing of a new agreement with ExxonMobil Petroleum & Chemical BV to blend Mobil brand lubricants in Morocco.
This partnership builds on an existing agreement with OLA Energy Morocco and introduces new lubricant blending capabilities in the region.
Located in the industrial heart of Casablanca’s “Les Roches Noires” area, OLA Energy Morocco’s state-of-the-art facility is set to become the hub for blending Mobil lubricants in Morocco, positioning the Kingdom as a production center for virtually all corners of the African continent.
Taking advantage of Morocco’s strategic geographical position as a gateway to African markets, OLA Energy Morocco is well-positioned to capitalize on the rich potential of the Moroccan industrial landscape.
“This opportunity to blend Mobil brand lubricants is a testament to the trust and satisfaction in OLA Energy. Together, our commitment is to drive innovation, excellence, and sustainable growth in the lubricants industry,” OLA CEO Fayed Altwair said.
“In collaboration with ExxonMobil, we are ready to drive growth, deliver value to our customers, and have a lasting impact on the lubricants industry in Africa and beyond,” Altwair added.
This newly concluded agreement between OLA Energy Morocco and ExxonMobil Petroleum & Chemical BV promises to reveal brand new horizons and will ensure reliable access to consumers across the region Mobil’s diverse product line, including its brand of lubricants.