# Gandhar Oil subsidiary wins $45M annual order from ADNOC

Texol Lubritech FZC, a subsidiary of Gandhar Oil Refinery, won a three-year contract from Abu Dhabi National Oil Company (ADNOC) valued at $45 million annually for manufacturing and packaging lubricants.

- Type: Contract
- Announced: 2024-07-01
- Where: United Arab Emirates
- Value: $45.0M
- Status: announced
- Capacity: 30 million litres per year
- Products: lubricants, specialty oils
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Gandhar Oil Refinery](https://endata.com/companies/78341.md)
- [Abu Dhabi National Oil Company](https://endata.com/companies/5511.md) (customer)
- [Texol Lubritech FZC](https://endata.com/companies/12024.md) (supplier)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/gandhar-oil-refinery-share-price-sharp-surge-45-million-order-win-adnoc-abu-dhabi-19436444.htm), 2024-07-01: "The estimated annual value for the contract is said to be $45 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.