Senior officials of the Dubai Government-owned ENOC Group and American oil major Chevron have recently met to discuss existing and potential business opportunities, according to the UAE’s official WAM News Agency.
Key decision-makers from both parties, including Saif Humaid Al Falasi, ENOC’s CEO, Saeed Al Tayer, vice chairman of ENOC, Michael Wirth, vice chairman of the Board and executive vice president – Midstream and Development for Chevron Corporation, and Jay Pryor, vice president of Business Development at Chevron, attended the meeting in Dubai.
The discussion comes at a time when ENOC is continuing to expand its businesses across the energy value chain.
“ENOC and Chevron have had a successful long-term collaboration for nearly two decades and it is based on this foundation that we continue to look at future collaborations that are mutually beneficial to both parties. We hope to build on our mutual track record and explore new business opportunities,” Al Tayer was quoted in the WAM report as saying.
“Chevron and ENOC have had a strong partnership for nearly two decades and we remain committed to the ongoing collaboration,” Wirth said after meeting the ENOC officials.
The alliance between Chevron and ENOC extends across various aspects of downstream operations ranging from lubricant marketing to aviation refuelling.