ExxonMobil Egypt, a leading provider of high-quality lubricants and fuels, has signed a cooperation agreement with Octane, an Egyptian fintech company providing a digital wallet and management platform for vehicle-related expenses, to support the transport sector in the domestic market and blend industry with technology.
Through this deal, ExxonMobil Egypt will provide high-quality lubricants and services through Mobil’s stations across the country, while Octane will provide innovative digital solutions to improve operational efficiency, increase transparency, and provide the highest quality services to vehicle owners.
Sherif Serag El Din, Vice Chairman, Managing Director, and Fuels Sales Manager at ExxonMobil Egypt, emphasized that this cooperation is an essential part of the company’s digital transformation strategy, which includes initiatives such as ‘Mobilawy’, the first fuel and lubricants loyalty program in the Egyptian market. “We believe this partnership will mark a turning point in organizing fuel logistics and empowering companies to make more accurate operational decisions,” he said
Furthermore, ExxonMobil and Octane have implemented the Digital Refuelling system, a fully integrated service for managing ground fleets. This solution allows smarter fleet management by tracking fuel consumption, monitoring vehicle performance, and scheduling maintenance, ultimately enhancing operational efficiency and delivering tangible benefits to our customers, Serag El Din noted.
For his part, Amr Gamal, CEO and Board Member of Octane said, “Our strategic partnership with ExxonMobil Egypt is not just a commercial collaboration; it is a milestone that reflects trust, empowerment, and leadership. It opens new horizons for growth and innovation, strengthens Octane’s market position, and enhances our ability to overcome challenges while moving toward a broader and more ambitious future.”
Octane has achieved rapid growth, establishing the company as a leading fleet management solutions provider in Egypt and a partner in lubricants and fuel distribution. Throughout three years, the company expanded to six core products and sold over one billion liters of fuel, along with lubricants and tires, according to Gamal. It is the fruit of the partnership between ElSewedy Capital Group and a group of entrepreneurs, including CEO Amr Gamal, who earlier worked in McKinsey and P&G; CCO Ziad El Adawy, who led Honeywell’s strategy in North Africa and earlier co-founded Tripdizer; and COO Hatem Farag, who previously led the sales and marketing divisions of Total and Mantrac.
