Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. The company described the forthcoming event as a “landmark moment” in its ambition to shape the country’s industrial and energy future while also expanding across Africa.
Speaking during a press briefing held in Lagos on Monday, the Group Chairman, Mr. Oluwatoni Oladiran, said the occasion would be “a celebration of our heritage, our capabilities, and our determination to play a defining role in shaping Nigeria’s — and Africa’s — industrial and energy future.”
Oladiran said Oilden Energies is proudly 100 per cent Nigerian-owned and is committed to delivering petroleum services of the highest quality both onshore and offshore. He explained that the company also provides world-class lubricants and petroleum-based products at competitive prices for customers in both local and international markets.
According to him, Oilden’s long-term vision is clear and ambitious — to become Africa’s leading lubricants supplier and secure a place among the world’s top 30 producers by the year 2030. He added that the African lubricants market is currently valued at about $4.2 billion annually, with Nigeria alone accounting for more than 600 million litres of consumption every year.
Oladiran pointed out that globally, the top 30 lubricant suppliers control more than 70 per cent of production capacity. “Our goal is to take our rightful place among them,” he said. He disclosed that Oilden’s state-of-the-art lubricant plant already produces over 40,000 metric tonnes annually at full capacity, which meets around 25 per cent of Nigeria’s industrial grease and lubricant demand.
The company has set a target to increase production capacity to 60,000 metric tonnes by 2028. With that expansion, Oilden plans to capture at least 67 per cent of the domestic market and strengthen its footprint in West and Central Africa.
“This growth is powered by innovation, rigorous quality control, and a motivated workforce of highly skilled professionals who are dedicated to excellence,” the chairman stated, assuring that all Oilden’s facilities and products meet or exceed international quality standards.
On pricing, Oladiran stressed that Oilden offers price and supply stability by protecting customers from the impact of foreign exchange volatility. This, he said, is made possible through strong local production capacity and an integrated supply chain that reduces dependence on imports.
“In the past 12 months, while competitors’ prices went up and down by as much as 60 per cent, our clients enjoyed more stable pricing within a 30 to 35 per cent range. This has helped many businesses plan better and avoid sudden operational disruptions,” he noted.
Oilden Energies serves a wide range of industries, including manufacturing, construction, transportation, marine, agriculture, power generation, sewage management, mining, steel production, petroleum, and engineering.
Its product portfolio covers greases, crankcase oils, industrial marine oils, hydraulic oils, gear oils, and compressor oils. The company also offers marine logistics services with a fleet of barges, Platform Supply Vessels (PSVs), tugboats, and other vessels, as well as procurement services for the oil and gas sector.
“Our range is engineered for performance and covers greases from Extreme Pressure grades to food-grade, high-temperature, graphite, bentonite-based, and synthetic types; crankcase oils under the Berger HD and XHD ranges, plus premium synthetic versions; industrial marine oils such as BergerXC R engine oils, BergerXH hydraulic oils, and BergerX gear oils; industrial hydraulic oils under the Oilden Hydra series; gear oils for heavy-duty applications; and compressor oils including antifreeze and synthetic solutions,” he explained.
Beyond lubricants, Oilden’s marine logistics arm operates both in Nigerian waters and internationally, offering safe and reliable transportation of goods and equipment. Its procurement division sources and delivers vital materials and machinery for the oil and gas sector, helping clients meet project timelines without compromise.
Oladiran revealed that the company will use the August 15 event to introduce a new range of products, reinforcing its commitment to serve Nigerian and African customers with integrity, efficiency, and quality. He added that Oilden has been operating in Nigeria for more than three years, building a track record of reliability and customer satisfaction.
“At Oilden Energies Ltd, our promise is simple — to innovate constantly, expand wisely, and always deliver the best service possible. We are here for the long haul to build lasting partnerships, create value for our stakeholders, and contribute to Nigeria’s industrial self-sufficiency,” Oladiran said, inviting partners and clients to attend the launch and explore new business opportunities with the company.
