Lukoil Marine Lubricants Middle East, the UAE-based subsidiary of Russia’s Lukoil Oil Company has inked a guaranteed three-year lube-supply contract with Oman Shipping Company (OSC).
The agreement was signed at the Amwaj Rotana in Jumeirah Beach Residence between June Manoharan, director, Lukoil Marine Lubricants and Ibrahim Bakhit Al Nadhairi, technical director, Oman Shipping Company.
The deal provides OSC the option of getting its lube from Lukoil for an additional two years, provided all parties are satisfied with the outcome.
Lukoil’s supply shall cover OSC’s fleet of 39 vessels consisting of Very Large Crude Carriers (VLCC), Product Tankers, Chemical Tankers, LPG Carriers, Very Large Ore Carriers (VLOCs) and Bulk Carriers.
“From the moment we partnered in 2014, Lukoil Marine Lubricants has demonstrated extreme professionalism through repeatedly providing Oman Shipping Company with reliable products and services, a major factor which swayed our decision of rightfully awarding them this contract,” said Capt. David Stockley, chief operations officer of Oman Shipping Company.
Ibrahim Bakhit Al Nadhairi, technical director of Oman Shipping Company said that the partnership thus far had helped OSC to save money.
“From a technical standpoint, Oman Shipping Company continually seeks out new methods of optimising our operations and with the assistance of Lukoil Marine Lubricants, we have been able to increase savings as it pertains to both maintenance and lube oil,” he said.