ADNOC Distribution and TotalEnergies are celebrating two years of profitable partnership in Egypt at this yr’s Egypt Power Present (EGYPES) with a co-branded sales space that showcases the partnership’s position in strengthening Egypt’s power infrastructure.
In 2023, ADNOC Distribution acquired 50% of TotalEnergies Advertising Egypt (TEME), making a three way partnership that operates over 240 gas retail websites throughout Egypt and contains wholesale, aviation gas and lubricant mixing operations. The acquisition facilitated the entry of ADNOC’s retail gas and Oasis comfort retailer manufacturers to the Egyptian market.
Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, stated, “The continuing success of our TEME three way partnership demonstrates the worth of our worldwide growth technique in driving value-accretive progress. Egypt, with its vital financial potential, is a key a part of our progress journey. We’re proud to ship progressive options and distinctive buyer experiences that align with our long-term imaginative and prescient for regional management.”
Thomas Strauss, Managing Director & Nation Chair of TotalEnergies Advertising Egypt, stated, “This partnership underscores our mutual dedication to strengthening Egypt’s power options. We recognise the immense potential of the Egyptian market and are dedicated to fostering sustainable progress.”
ADNOC Distribution is ready to open its first flagship service station in New Cairo this yr, that includes an expanded ADNOC Oasis comfort retailer and providing a broader vary of automotive providers in comparison with the present 11 ADNOC-branded stations working within the nation. The brand new station will be a part of ADNOC Distribution’s present flagship stations in Abu Dhabi and Dubai, exemplifying the Firm’s dedication to industry-leading buyer experiences.
ADNOC’s Voyager lubricants are blended regionally in Egypt by TEME for each home gross sales and world exports, showcasing Egypt’s rising potential as an export-focused manufacturing hub. Later this yr, Voyager lubricants will even be obtainable via unbiased Egyptian distributors, increasing the model’s attain past ADNOC Distribution service stations.
Wanting forward, TEME is concentrated on increasing its presence in Egypt’s aviation gas market this yr, a key sector pushed by the nation’s position as a transport and tourism hub in North Africa and past.
As ADNOC Distribution and TotalEnergies have fun two years of profitable collaboration in Egypt, each corporations stay dedicated to supporting the nation’s power wants, fostering financial progress, and delivering world-class providers. By persevering with to broaden its retail community and put money into native manufacturing, TEME is positioned to be a key participant in Egypt’s power panorama, supporting financial progress and sustainability within the years forward.
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