Company
Saudi Arambco Base Oil and Puma Energy agree to sale of Puma fuel assets in Kimbe and Kavieng
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. […]
