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.