VSasablanca, May 6, 2024, OLA Energy Maroc, a leading company in Morocco and a major energy player in Africa, is proud to announce a new agreement with Exxon Mobil Petroleum & Chemical BV. This marks a significant step: Mobil brand lubricants will now be mixed in Morocco. This initiative builds on an existing agreement with Ola Energy Maroc and brings new tools for lubricant blending to the region.
Located in the heart of the Roches Noires industrial zone of Casablanca, OLA Energy Maroc’s cutting-edge facility is poised to become the nerve center for mixing Mobil lubricants in Morocco.
Located in the heart of Casablanca’s Roches Noires industrial zone, OLA Energy Maroc’s cutting-edge facility is poised to become the nerve center for blending Mobil lubricants in Morocco, positioning the kingdom as a hub production for the north, east and west of Africa. Taking advantage of Morocco’s strategic geographic location as a gateway to African markets, OLA Energy Maroc is well positioned to capitalize on the rich potential of the Moroccan industrial landscape.
Fayed Altwair, CEO of OLA Energy, emphasized the scope of this new agreement: “The opportunity to mix 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.”
The decision to locally blend Mobil brand lubricants is a natural part of the extension of an existing agreement with OLA Energy Maroc and demonstrates the latter’s capabilities as well as the strategic advantages of the country’s geographical location.
The synergistic agreement between OLA Energy Maroc and Exxon Mobil Petroleum & Chemical BV opens the way to new, unexplored segments and markets, unlocking untapped opportunities and strengthening their collective presence across Africa. With the know-how and local competence of OLA Energy Maroc and the expertise of Exxon Mobil Petroleum & Chemical BV, this partnership offers significant prospects.
“We are excited about the endless opportunities on the horizon. Together with Exxon Mobil, we are poised to drive growth, deliver value to our customers and make a lasting impact on the lubricants industry in Africa and beyond” said Mr. Altwair.
This new agreement concluded between OLA Energy Maroc and Exxon Mobil Petroleum & Chemical BV is an important step for the Moroccan and African energy sector. Beyond strengthening the regional leadership of OLA Energy Maroc, this collaboration opens promising new horizons and guarantees consumers throughout the region a reliable supply of high-quality lubricants from the Mobil brand.
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