Texol Lubritech Wins USD 45 Million Contract from ADNOC
OIL & GAS

Texol Lubritech Wins USD 45 Million Contract from ADNOC

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code