Chairman’s Message

Over the past 15 years, our Group has evolved from a local manufacturer to a responsible leading regional player with interests across various aspects of the energy sector value chain. Now serving thousands of customers across 30 countries, we are deploying talent and technology to diversify our offerings to achieve sustainable development. Building on our success thus far – at home and in international markets, we aspire to become recognized as a leading international petroleum products company. We are working closely with all our stakeholders to become the “Energy Partner of Choice” both at home and abroad.

This is an exciting period for our company as our growth is propelled by a powerful talent pool that provides the company with business acumen, robust systems and processes and pioneering solutions that make it a competitive business. We’re committed to harnessing these talents in an environment that encourages creativity and fosters employee-driven innovation. Our vision is to be a leading marketer of petroleum products to the industry in a socially responsible manner towards its customers, employees, communities we serve in and the environment.

With our guiding principles rooted in world-class customer service, innovation in energy resource management, and commitment to human capital development, we are working diligently as a corporate citizen and contributing to UAE’s economic and social progress.

Shyam Murti Pandey

Group Chairman

The Management

Mr. Shyam Murti Pandey
Group Chairman
Mr. Ankit Shyam Murti Pandey
Managing Director
Mr. Shaukath Hussain Assadi
General Manager, Lubricants

Mr. Shyam Murti Pandey and Mr. Ankit Shyam Murti Pandey are the investing shareholders of the company, and involved in the activity of manufacturing oil blending and packaging for the last 4 years. They are operating in the lubricant industry successfully since 2008 and their experience and wide contacts in UAE, AGCC and African Countries has helped develop the business and achieve the desired results for the group.

Mr. Shaukath Hussain Assadi brings with him over 23 years of lubricants experience from global multinational corporations covering the automotive, Industrial and Oil & Gas industries with in-depth knowledge about the industry and its ever changing trends and needs. It is the commitment of the management of Paramount Oil Trading FZE to serve their customers with unmatched product quality, services and deliveries.

Our Corporate Governance

Paramount Oil Trading is committed to the highest standards of business ethics and integrity, bides by its core values – Ethics, Integrity, Transparency, Respect and Customer Focus. We are committed to adopting newer technologies and implementing best practices thus achieving world class performance, meeting and exceeding customer expectations in terms of quality and service while maintaining higher industry standards in protecting the Environment, Health and Safety

Our Corporate Governance agenda continuously guides us

  • To continue to uphold the highest standards of trust and confidence while protecting the interests and reputation of our Group in all of our business dealings

  • To be able to continue to serve our key stakeholders with the highest level of integrity, ethics and business excellence to ensure long term sustainability

  • To continue to support our subsidiary governance, business growth and profitability aspirations while operating at international performance and operational excellence standards

Our Global Network

Our Physical address is :
Paramount Oil Trading Company FZE
Office No.4036, REGUS, Behind Megamall
Sharjah, UAE

Our Manufacturing Facilities


Our parent company and the manufacturing facility PetroGulf Oil Manufacturing L.L.C. is an ISO 9001:2008, 14001:2004 & OHSAS 18001:2007 certified company and equipped with latest equipment and employs modern manufacturing technologies and processes. It has an annual production capacity of 120,000 MT with fully automated process controls to guarantee accurate and precise blending & packaging of products, improved productivity & workers safety.

Paramount Lubricants adopt practices that lead to a green and cleaner environment. We also have an in-house plastic cans manufacturing facility to support our packaging needs, both of which are strategically located with easy access to various UAE ports. This enables us to provide better service to our clients.

Quality Control & Laboratory facilities


Our Quality Control processes, a well-equipped high-tech laboratory and our experienced and well-qualified staff ensure superior quality controls and high standards of our products at all times.