The Hinduja Group’s Gulf Oil International Ltd secures a strategic position in Singapore by reaching an agreement to acquire the Ocean Tankers (PTE) Ltd Facility assets

8th December 2020

Gulf Oil International Ltd, part of the Hinduja group, is pleased to announce that it has reached an agreement to acquire the lubricant blending plant with wharf access, storage tank farm and terminal facility from Ocean Tankers (PTE) Ltd, located in the Tuas region of Singapore. The Facility will be acquired and continue to operate as a going concern