Casablanca – OLA Energy Maroc, a prominent energy company in Morocco, has announced a groundbreaking agreement with ExxonMobil Petroleum & Chemical BV, aimed at bolstering innovation, excellence, and sustainable growth within the lubricant manufacturing industry. This strategic partnership represents a significant milestone as it involves the local blending of Mobil branded lubricants in Morocco, underscoring the commitment to expanding capabilities in the region.
Situated in the industrial hub of the “Les Roches Noires” area in Casablanca, OLA Energy Maroc’s cutting-edge production facility is poised to become a central hub for Mobil lubricant blending in the country. With state-of-the-art technology and equipment, the facility is well-positioned to cater to the growing demand for high-quality lubricants, not only in Morocco but also across North, West, and East Africa.
The decision to locally blend Mobil branded lubricants is a natural progression of OLA Energy Maroc’s ongoing partnership with ExxonMobil Petroleum & Chemical BV. Leveraging Morocco’s strategic geographical location as a gateway to African markets, the collaboration opens up new avenues for exploring untapped market segments and expanding their collective presence in the region.
Mr. Fayed Altwair, CEO of OLA Energy, emphasized the significance of this agreement, highlighting it as a testament to the trust and confidence in OLA Energy’s capabilities. He reiterated the shared commitment to driving innovation, excellence, and sustainable growth within the lubricant industry, setting a new standard for industry collaboration and advancement.
The synergistic alliance between OLA Energy Maroc and ExxonMobil Petroleum & Chemical BV underscores the importance of local expertise and global experience in driving meaningful impact. By combining OLA Energy Maroc’s deep understanding of the local market with ExxonMobil Petroleum & Chemical BV’s industry-leading expertise, the partnership aims to deliver unparalleled value to customers while maintaining a focus on sustainability and environmental responsibility.
Looking ahead, both companies are optimistic about the endless possibilities that lie on the horizon. Together, they are poised to drive growth, enhance customer satisfaction, and make a lasting impact on the lubricant industry in Africa and beyond. This renewed collaboration reaffirms OLA Energy Maroc’s position as a regional leader and paves the way for a more sustainable and prosperous future for the lubricant sector in the region.