Al Maha inks lubricants supply deal for Saudi market
In a significant move to expand its regional footprint, Al Maha Petroleum Products Marketing Co SAOG has entered into a supply agreement with Now Fuel Company of Saudi Arabia. This collaboration aims to supply Ampro Lubricants to the Saudi market.
The formal agreement was signed by Engr. Hamed bin Salim Al Maghdri, CEO of Al Maha, and Mohammed bin Hamad Al-Qarawi, CEO of Now Fuel. The signing event was graced by Dr. Saleh bin Said Masan, the Undersecretary of the Ministry of Commerce, Industry and Investment Promotion, along with senior management from both companies.
Hamed emphasised Al Maha’s dedication to fostering professional partnerships that spur regional business growth. “Now Fuel possesses the requisite experience and expertise to effectively market our products in these territories,” he said.
Echoing this sentiment, Mohammed bin Hamad Al-Qarawi, CEO of Now Fuel, shared that they had been on the lookout for a reliable Omani partner for sourcing, marketing, and distributing lubricants. Al Maha Petroleum, with its three-decade-long legacy in the industry, emerged as the ideal choice.
The collaboration between these two entities, leveraging their combined experience and strengths, is set to redefine the regional lubricants sector, emphasizing innovation and top-tier service for their clientele.