Texol Lubritech Wins USD 45 Million Contract from ADNOC

02 Jul 2024 CW Team

Texol Lubritech FZC, a subsidiary of Gandhar Oil Refinery India Limited, has secured a significant contract from Abu Dhabi National Oil Company (ADNOC) PJSC, valued at USD 45 million annually. The multi-year agreement, spanning from 2024 to 2026, involves Texol Lubritech's responsibility for manufacturing, packaging, labeling, and supplying various products to ADNOC Distribution.

Aslesh Parekh, the Promoter and Joint Managing Director of Gandhar Oil Refinery, expressed enthusiasm about the contract, stating, "We are thrilled to secure this landmark contract with Abu Dhabi National Oil Company. This agreement underscores our ability to deliver high-quality products and services on a large scale. We are confident that our partnership with ADNOC will enhance our presence in the Middle East and open avenues for future growth and collaboration."

Texol Lubritech FZC, based in the UAE, specializes in providing lubricants and other petroleum-based products. This contract with ADNOC represents a significant milestone in its strategic expansion and reinforces Gandhar Oil Refinery's position in the international market.

The agreement with ADNOC highlights Texol Lubritech's commitment to delivering excellence and reliability in the oil and gas sector, further solidifying its reputation as a trusted partner in the Middle East's energy industry.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..