Oilden Energies to Launch New Product Line and UNVIEL New Subsidiary August 15 2025, Targets Top 30 Global Lubricant Ranking by 2030
Oilden Energies to Launch New Product Line and UNVIEL New Subsidiary August 15 2025, Targets Top 30 Global Lubricant Ranking by 2030
By:Bamgbose Adedamola
Lagos, Nigeria — Oilden Energies Limited has announced the official launch of new product lines and unveiling of its new subsidiary, scheduled for Friday, August 15, 2025, in Lagos. The announcement was made by the group Executives during a press briefing held at Lilygate Hotel, Lekki, where they outlined the company’s growth ambitions and market strategy.
Speaking at the event, CEO Mr. Oluwatoni Oladiran described the upcoming launch as a milestone in the company’s journey to shape Nigeria and Africa’s energy market. “Our goal is to become Africa’s leading supplier and to rank among the top 30 lubricant companies globally by 2030,” Oladiran stated.
Oilden Energies, a 100% Nigerian-owned oil and gas company, specializes in the production, distribution, and sale of high-performance lubricants to both domestic and international markets. The company currently produces 40,000 metric tonnes annually at full capacity, meeting 25% of Nigeria’s industrial grease and lubricant demand.
Oladiran revealed that by 2028, Oilden Energies aims to expand production capacity to 600,000 metric tonnes, enabling it to capture 67% of the domestic market while deepening its presence in West and Central Africa. He also emphasized the company’s commitment to price stability, uninterrupted supply, and sustainable operations.
Other speakers at the briefing included Mr. Idowu Dalegan, Chief Operating Officer and Head of Operations; Oluwabukola Olowokere; and Mr. Kreke Latter, Oildens Technical Partner and President of Latter Group. Discussions highlighted Oilden Energies’ marketing strategy, focus on innovation, and heritage of delivering quality both onshore and offshore.
Founded with a mission to deliver top-tier energy solutions that improve efficiency and reduce environmental impact, Oilden Energies continues to position itself as a leader in Africa’s growing $4.2 billion lubricant market, which is expanding at a rate of 3.5% annually.
