Yamaha Confirm ENEOS / JX Nippon Oil Sponsor To Replace Petronas

Yamaha has confirmed that Japanese oil company JX Nippon will be partnering the Yamaha MotoGP team as sponsor in 2012. As uncovered by Greek website motograndprix.gr and reported here earlier this month, JX Nippon will be using their sponsorship of the Yamaha MotoGP team to promote the ENEOS brand, a range of performance oil products sold worldwide.
ENEOS sponsorship will appear on the bike at the first official MotoGP test, which kicks off at Sepang on Tuesday, January 31st, but the official livery will not be revealed until the second Sepang test, later in February. ENEOS is not the title sponsor, but will have a prominent place on the bike, as the company is replacing former Malaysian oil company Petronas. 
Below is the official press release from Yamaha announcing the deal:
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