VFuels LLC Secures Exclusive Distribution Agreement with Drilling Fluid Technologies for Nigeria

VFuels LLC is proud to announce the signing of an exclusive distribution agreement with Drilling Fluid Technologies Inc. (DFT), a leader in providing innovative and environmentally responsible drilling fluid solutions. With a commitment to sustainability, DFT’s products and services are designed to meet the most challenging drilling conditions globally, driving cost-efficiency and operational excellence for oil and gas operators. This partnership grants VFuels the exclusive rights to purchase, market, and distribute DFT’s innovative product range across Nigeria, Africa’s biggest oil & gas market.

Through this agreement, DFT will leverage on VFuels’ extensive regional expertise and resources to bring advanced drilling fluids technology to Nigerian operators, focusing on efficiency, sustainability, and safety. DFT’s solutions aim to reduce well costs and optimize performance, helping Nigerian oil and gas companies to address unique subsurface challenges with greater precision.

“This partnership marks a significant milestone in our strategic vision to deliver cutting-edge fluid technologies to Nigeria’s oil and gas sector,” said Souheil Abboud, Managing Director of VFuels LLC. “DFT’s products will enhance our portfolio, reinforcing our dedication to supporting the region's exploration and production activities with top-tier solutions.”

The agreement comes amid an increase in drilling activity both onshore and offshore Nigeria, driven by recent policies and reforms that are encouraging additional upstream investments. Nigeria's rig count has returned to pre-2020 levels and is expected to remain strong in the coming years, sustaining the demand for drilling solutions and services.

“We are excited to partner with VFuels to bring DFT’s cutting-edge technologies to the Nigerian market,” said Mustafa Fergani, Managing Director of Drilling Fluids Technologies. “This partnership aligns with our goal to support the sustainable development of oil and gas resources in Nigeria by providing tailored solutions that improve operational efficiency while maintaining high environmental standards.”