ADNOC Distribution and TotalEnergies are celebrating two years of successful partnership in Egypt. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt, TEME creating a joint venture that operates over 240 fuel retail sites across Egypt and includes wholesale, aviation fuel and lubricant blending operations.<\/p>\n\n\n\n
The acquisition facilitated the entry of ADNOC\u2019s retail fuel and Oasis convenience store brands to the Egyptian market.<\/p>\n\n\n\n
ADNOC Distribution is set to open its first flagship service station in New Cairo this year, featuring an expanded ADNOC Oasis convenience store and offering a broader range of automotive services compared to the existing 11 ADNOC-branded stations operating in the country. The new station will join ADNOC Distribution\u2019s existing flagship stations in Abu Dhabi and Dubai, exemplifying the Company\u2019s commitment to industry-customer experiences.<\/p>\n\n\n\n
ADNOC\u2019s Voyager lubricants are blended locally in Egypt by TEME for both domestic sales and global exports, showcasing Egypt\u2019s growing potential as an export-focused manufacturing hub. Later this year, Voyager lubricants will also be available through independent Egyptian distributors, expanding the brand\u2019s reach beyond ADNOC Distribution service stations.<\/p>\n\n\n\n
Eng Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: \u201cThe ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving value-accretive growth. Egypt, with its significant economic potential, is a key part of our growth journey. We are proud to deliver innovative solutions and exceptional customer experiences that align with our long-term vision for regional leadership.\u201d<\/p>\n\n\n\n
Thomas Strauss, Managing Director and Country Chair of TotalEnergies Marketing Egypt, said: “This partnership underscores our mutual dedication to strengthening Egypt’s energy solutions. We recognise the immense potential of the Egyptian market and are committed to fostering sustainable growth.”<\/p>\n\n\n\n
Looking ahead, TEME is focused on expanding its presence in Egypt\u2019s aviation fuel market this year, a key sector driven by the country\u2019s role as a transport and tourism hub in North Africa and beyond.<\/p>\n\n\n\n
As ADNOC Distribution and TotalEnergies celebrate two years of successful collaboration in Egypt, both companies remain committed to supporting the nation\u2019s energy needs, fostering economic growth, and delivering world-class services. By continuing to expand its retail network and invest in local manufacturing, TEME is positioned to be a key player in Egypt\u2019s energy landscape, supporting economic growth and sustainability in the years ahead.<\/p>\n\n\n\n
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ADNOC Distribution and TotalEnergies are celebrating two years of successful partnership in Egypt. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt, TEME creating a joint venture that operates over 240 fuel retail sites across Egypt and includes wholesale, aviation fuel and lubricant blending operations. The acquisition facilitated the entry of ADNOC\u2019s retail fuel […]<\/p>\n","protected":false},"author":59,"featured_media":72674,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16131,843,900,9057,260,602,13,262],"tags":[4212,18122],"class_list":["post-72760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-editors-choice","category-energy","category-north-africa","category-regional-news-newsletter","category-retail","category-top-stories","category-used","tag-adnoc-distribution","tag-totalenergies"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/72760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=72760"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/72760\/revisions"}],"predecessor-version":[{"id":73030,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/72760\/revisions\/73030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/72674"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=72760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=72760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=72760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}