Petromin inks new partnership deal with Hyundai and Al-Majdouie

Updated 11 April 2015
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Petromin inks new partnership deal with Hyundai and Al-Majdouie

Petromin Corporation, Saudi Arabia’s leading oil marketing company has signed a five-year partnership with Hyundai and Al-Majdouie to serve its premium motor oils at all Hyundai service centers in the Eastern Region.
The contract signing ceremony, in which executives and senior managers from both organizations took part, was held in Alkhobar.
Petromin Corporation CEO Samir Nawar said the occasion marked the beginning of a progressive partnership between both organizations.
Petromin has expanded and diversified its business over the years and is a house of opportunity for auto dealers in strengthening their after sales services, utilizing the Petromin Express service centers and its other retail outlets under Petromin, etc.
Petromin fuel stations are another emerging leader in the modern fuel outlets, as being one of the only two companies authorized to setup fuel outlets on Kingdom highways.
Sameer A. Fakeeh, EVP, domestic sales Petromin, said the relationship between Petromin and Al-Majdouie spans decades and he has been looking forward to serve them for years to come
Yousef Al-Majdouie, CEO Al-Majdouie Autos, expressed his confidence over the partnership. “Petromin has been a long-standing partner and we are confident that this cooperation will back up the high standard performance of Hyundai cars and the after sales service provided by Al-Majdouie,” he added.
The contract also covers the supply of Petromin premium diesel engine oils to Al-Majdouie Logistics for the next five years.


ENOC Group to build 45 service stations in KSA

Updated 16 December 2018
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ENOC Group to build 45 service stations in KSA

ENOC (Emirates National Oil Company) Group, a wholly owned entity of the government of Dubai, has announced major expansion plans to build 45 new service stations in Saudi Arabia over the next five years. The group’s plans are aligned with the Ministry of Municipal and Rural Affairs’ plan, which aim for the construction of over 1,200 petrol stations across the Kingdom.
All 45 ENOC service stations will be strategically built on the Kingdom’s vast network of highways that interconnect the 13 provinces and serve as a major logistics and trade land-corridor, connecting the Kingdom to the rest of the GCC and the Middle East region. Over the next two years, ENOC’s plan will focus on building stations in the central region, mainly Riyadh and the Eastern Province.
Saif Humaid Al-Falasi, ENOC Group CEO, said: “With Saudi Arabia’s long-term vision to diversify its economy, boost tourism and infrastructure and enhance business and trade, our plan to expand our retail network by over 220 percent in the next five years is aligned with the Saudi Vision 2030, which aims to reduce oil dependency, increase privatization and implement the Saudi nationalization scheme.”
ENOC currently operates 14 stations across the Kingdom. The group’s future service stations will also include ZOOM convenience stores. Customers will also enjoy a variety of retail outlets such as Pronto.