RIYADH: Al-Drees Company for Petroleum and Transport Services signed today an agreement with Emirates National Oil Company (ENOC) of United Arab Emirates (UAE) to establish a new company working in the field of petrol stations in the Kingdom of Saudi Arabia.
In its statement, Al-Drees Company pointed out that the new company will start its plan to establish 40 stations with initial investments amounting to SR 45 million divided equally between the two companies.
--SPA
