Total and Aggreko extend supply agreement in Europe
Total and Aggreko have signed an agreement to extend their existing relationship to cover the whole of Europe, as a first step. Total currently supplies Aggreko with lubricants, petroleum products and associated services in 17 countries across mainly the Middle East and Africa. This European extension includes technical collaboration to test and develop new innovative solutions in lube oil and fuels that marks a step to collaborate in wider geographies.
The agreement will also help broaden the partnership between the two organizations and is a demonstration of closer collaboration, innovation and future product and market development.
Aggreko supplies Total with tailored mobile, modular power, heating and cooling across its Exploration and Production, Refining and Chemical branches. The two companies are leaders in their respective fields and this strategic partnership will help them further develop their hybrid and gas offerings, as well as address their future market and technology challenges.
“As a global energy group, positioned on the entire oil and gas chain, we want to offer Aggreko proximity and multi-energy solutions to best meet the different needs of their customers,” said Momar Nguer, president of Total Marketing & Services.
“We are delighted to develop our alliance with Total and to supply them with a broader suite of services. Both businesses make a massive difference to customers around the world, our investment and capabilities complement Total’s investment in the future of fuels, lubricants and multi-energy systems,” Aggreko’s CEO, Chris Weston, said.
Total Marketing Services develops and markets products primarily derived from crude oil, along with all of the associated services. Its 31,000 employees are present in 110 countries and its products and services offers are sold in 150 countries.
As the world’s fourth-largest distributor of lubricants and the leading distributor of petroleum products in Africa, Total Marketing Services operates 50 production sites worldwide where it manufactures the lubricants, bitumen, additives, special fuels and fluids that sustain its growth.
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