JEDDAH — Petromin Corporation, the leading oil marketing company in Saudi Arabia, has signed a 5- year partnership with Hyundai-Al-Majdouie to serve its premium motor oils at all Hyundai service centers in the Eastern Region. The contract signing ceremony was held at Le Meridien Hotel Khobar by executives and senior managers from both organizations. The CEO of Petromin Samir Nawar said the occasion marked the beginning of a progressive partnership for 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 umbrella, such as Refuel, ReVolve, Repair and more. Petromin fuel stations are another emerging leader in the modern fuel outlets, being one of the only two companies authorized to set up fuel outlets on Kingdom highways.
Sameer A. Fakeeh Executive Vice President, Domestic Sales, Petromin said the relationship between Petromin & Al Majdouie is for decades and looking forward to serve them for years to come. Sheikh Yousef Al Majduoie, CEO Al Majdouie Autos expressed his confidence on 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 5 years. — SG