Oil & Gas Lubricants Market Boosting the Growth: Leading Key Players: Lubrication Engineers, Inc., Exxon Mobil Corporation, Klüber Lubrication, and Chevron
The oil & gas industry is a diverse industry with multiple heavy equipment and machinery in usage. There is no 'one for all' lubrication approach. Therefore, the lubricants possess qualities such as high durability and water and corrosion resistance. Modern equipment have a separate lubricating reservoir, wherein the equipment can be kept up to 12m away. This approach enables easy changing of lubricants without any maintenance downtime, thus increasing operational productivity.
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