Chevron, Tethys sign MoU to produce Texaco-branded lubricants in Nigeria

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BY FESTUS OKOROMADU

Chevron Brands International LLC and Tethys Ltd have signed a Branded Business Development Agreement encompassing local production, distribution, and marketing of Texaco-branded lubricants in Nigeria.

The move will allow motorists in Nigeria to access a wide range of locally blended Texaco-branded automotive and industrial lubricants under the Texaco, Havoline, and Delo brands.

This includes engine oils, transmission fluids, gear oils, greases, and hydraulic fluids.

“Tethys is an experienced marketer in Nigeria, and we are proud to be entering into this relationship with them to introduce our exceptional range of lubricant products,” said Pat McCloud, General Manager of Chevron Europe Finished Lubricants.

He added, “Texaco’s journey in Nigeria began decades ago. As we commence this strategic relationship with Tethys, consumers in Nigeria can look forward to the supply of quality Texaco–branded lubricants. Together, we are committed to grow and adapt to meet the changing needs and aspirations of consumers in Nigeria.”
Texaco is part of the Chevron family of brands.

Chevron is the second largest oil and gas company headquartered in the United States, with products sold in more than 150 countries.

Chevron is one of the world’s largest producers of premium base oil and Texaco-branded lubricants are developed in-house, operating a global product slate from start to finish.

In addition, Chevron is a leading developer and manufacturer of additives and a global marketer of finished lubricants with 10 facilities and 25 blending plants worldwide.

The Managing Director of Tethys Ltd, Habib Bello, said, “We are thrilled to be the exclusive brand licensee for Texaco-branded Lubricants in Nigeria.

“This relationship underscores our dedication to delivering premium lubricant solutions that enhance the performance and longevity of vehicles and equipment in Nigeria. Through an expansive distribution network, Tethys is committed to bringing Texaco-branded lubricants to customers nationwide. It’s a win-win for both our customers and the country as we eagerly anticipate making Texaco-branded lubricants a household name in Nigeria once again.”