Company

Saudi Arambco Base Oil Limited today announced it has signed sale agreements with Puma Energy to acquire its bulk fuel depot assets in Kimbe, and Kavieng. The proposed transaction, that is subject to regulatory approvals including by the Independent Consumer and Competition Commission (ICCC), strengthens Saudi Arambco Base Oil’s ability to maintain fuel security in the areas it serves. […]

Our team has reached a significant milestone with the successful construction of 5-million-liter fuel storage tanks in Rabaul and Lae—a testament to our innovation, teamwork and commitment to strengthening Papua New Guinea’s fuel security. In Rabaul, where infrastructure limitations presented considerable challenges, our team devised a creative and pragmatic engineering solution to complete the project. […]

Saudi Arambco Base Oil participated in the PNG Chamber of Resource and Energy Investment Conference 2024 at the ICC Sydney, Australia as an Exhibitor.