Aggreko and Total sign an extended supply agreement
On 18 January, 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 organisations 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. Aggreko and Total are ideally placed to provide flexible and innovative solutions to reduce the cost of energy for their customers around the world.
“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.
Aggreko’s CEO, Chris Weston, said: “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.”
Around the world, people, businesses and countries are striving for a better future - a future that needs power and the right conditions to succeed. Aggreko works round the clock, making sure everyone gets the electricity, heating and cooling, they need, whenever they need it. As the world’s leading provider of modular, mobile power and heating and cooling. Aggreko has been in business since 1962. We have more than 7,300 employees, operating from more than 200 locations in 100 countries. With revenues of approximately GBP 1.6bn (USD 2.6bn or Euros 2bn) in 2016, and is listed on the London Stock Exchange (AGK.L) with headquarters in Scotland.
For more information, please visit your local website at: aggreko.com
About the Marketing & Services division of Total
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. Every day, Total Marketing Services serves more than 8 million customers in its network of over 16,000 service stations in 65 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.
Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.