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Tuesday, July 3, 2018
Raven Energy Limited (Raven), the Nigerian subsidiary of Raven Resources Group, signed an exclusive Technical Services & Marketing Agreement (TSMA) with Emirates National Oil Company Limited (ENOC). The deal has Raven marketing ENOC’s jet fuel in Nigeria.
The new alliance between ENOC and Raven stands to serve the highly competitive market across the oil and gas value chain in Nigeria.
At the signing in Dubai, UAE, Chairman and CEO for Raven, Adeniyi Makanjuola, said, “This is a major development for Raven and provides a strategic partnership with a global industry leader that will not only strengthen the infrastructure locally available but will also provide additional cost savings and enhanced productivity by reducing turnaround times.”
Group CEO, ENOC, Saif Humaid Al Falasi, said: “Expanding our operations in Nigeria underlines our strategic international growth plans as we continuously look for opportunities to grow our business with our partners. Today, we supply in excess of 2.8 million gallons of jet fuel per day to a diversified portfolio of clients in the UAE and internationally.
“We’ve successfully forged many collaborations and our partnership with Raven Aviation is one that we take pride in. We hope to continue exploring future opportunities to elevate the aviation fuel infrastructure, while expanding capabilities in the African market.”
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