Cairo — ExxonMobil Egypt, a leading provider of high-quality lubricants and fuels, has signed a strategic cooperation agreement with Octane, an Egyptian fintech specializing in digital wallets and vehicle expense management platforms, to modernize the nation’s transport and fleet services through digital transformation.
Under the partnership, ExxonMobil Egypt will deliver premium fuels and lubricants through its extensive network of Mobil service stations, while Octane will introduce digital solutions designed to enhance fleet management, transparency, and operational efficiency.
Sherif Serag El Din, Vice Chairman, Managing Director, and Fuels Sales Manager at ExxonMobil Egypt, said the collaboration represents a major milestone in the company’s digital transformation agenda. He highlighted its alignment with initiatives such as Mobilawy—Egypt’s first fuel and lubricants loyalty program—and emphasized that digitalization will enable smarter decision-making and better organization of logistics.
As part of the agreement, both companies launched a Digital Refueling System, offering an integrated solution for fleet operators to monitor fuel consumption, vehicle performance, and maintenance schedules in real time. The system aims to streamline operations and improve productivity across Egypt’s transport ecosystem.
Amr Gamal, CEO and Board Member of Octane, described the collaboration as a “milestone that reflects trust, empowerment, and leadership.” He added that the partnership strengthens Octane’s market position and supports its mission to drive innovation in fleet management and fuel logistics.
Backed by ElSewedy Capital Group and co-founded by experienced executives from McKinsey, P&G, Honeywell, Total, and Mantrac, Octane has expanded rapidly over the past three years, introducing six core products and managing the sale of over one billion liters of fuel.
Together, ExxonMobil Egypt and Octane are building a nationwide digital vehicle services ecosystem, integrating fintech innovation with the fuel and transport industries to support Egypt’s vision for a more efficient, transparent, and data-driven economy.
