In recent years, there has been growing concern regarding the use of petroleum-based lubricants. This concern has generated interest in readily biodegradable fluids such as vegetable oils. The present work evaluated the rheological and tribological characteristics of sunflower oil modified with silicon dioxide (SiO2) and titanium dioxide (TiO2) nanoparticles as lubricant additives at different concentrations. A parallel plate rheometer was used to evaluate the effects of concentration and shear rate on the shear viscosity, and the experimental data was compared with conventional models. The wear protection and friction characteristics of the oil-formulations were evaluated by conducting block-on-ring sliding tests. Surface analysis-based instruments, including scanning electron microscopy (SEM), energy-dispersive spectroscopy (EDS), and profilometry, were used to characterize the morphology and structure of the worn surfaces. The experimental results showed that the coefficient of friction decreased with the addition of SiO2 and TiO2 nanoparticles by 77.7% and 93.7%, respectively when compared to base sunflower oil. Furthermore, the volume loss was lowered by 74.1% and 70.1%, with the addition of SiO2 and TiO2 nanoparticles, respectively. Based on the experimental results, the authors conclude that modified sunflower oil enhanced with nanoparticles has the potential for use as a good biodegradable lubricant.