25/10/2021 Press release
Aramco and TotalEnergies launch their Retail Network in Saudi Arabia
Riyadh, October 25, 2021
Aramco and TotalEnergies have launched the first two service stations of their joint retail network in Riyadh, Saudi Arabia’s capital, and Saihat, in the country’s Eastern Province. It follows the signing of a 50:50 Joint Venture (JV) Agreement between Aramco and TotalEnergies in 2019, with plans to significantly upgrade a network of 270 service stations and expand the range of quality retail services available across the Kingdom.
This network will comprise Aramco or TotalEnergies branded stations, providing motorists with premium fuels and retail services.
Amin H. Nasser, Aramco President and CEO, said: “The opening of the first service stations marks an important milestone as we continue to expand our presence in the Kingdom’s downstream value chain. With our longstanding partner TotalEnergies, we are creating a premium network that will enhance the experience of Saudi Arabia’s motorists and travelers. As the Kingdom scales up tourism projects, we can expect domestic travel to increase, along with demand for hospitality and travel services. With our entry into retail, we aim to deliver the best experience possible for customers, while creating opportunities for Saudis to pursue careers in retail and marketing.”
Patrick Pouyanné, Chairman and CEO of TotalEnergies, present at the inauguration ceremony in Riyadh, declared: “We aim to provide our new Saudi customers with clean, reliable and accessible energy. The opening of these two first stations is another step forward in reaffirming our long-standing partnership with Aramco, following our joint investments in SATORP since 2008. I am delighted that this also marks a new milestone in our four decades-long presence in Saudi Arabia, contributing to the local economy of Saudi Arabia.”
Operating under both brands, customers can expect the same high level of service, including quality fuels, one-stop convenience stores, efficient automotive services such as oil change and car wash, loyalty programs and a fully digitalized customer journey. The TotalEnergies stations will house Bonjour Café, while the Aramco stations will feature Fai Café, where customers can enjoy freshly baked pastries, premium coffee and relax while waiting for their vehicles. The stations are also equipped with solar panels, in line with the Saudi Green Initiative’s goals.
Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com
TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
About TotalEnergies in Saudi Arabia
Present in Saudi Arabia for more than 40 years, TotalEnergies’ activities range from new energies, refining and petrochemicals, fuel marketing and retail service network, and research & development. Through our partnership with Aramco, our joint venture company TMC (Tas’helat Marketing Company) operates high quality network of fuels and retail services across the kingdom, and our joint venture company SATORP (Saudi Aramco Total Refining and Petrochemical) operates a world-class refining and petrochemicals complex in Jubail. With Zahid Group, we offer a wide range of lubricants and specialty products through STPP (Saudi Total Petroleum Products) and develop solar energy solutions through SAFEER (Saudi French for Energy Efficiency and Renewables). We lead local corporate social responsibility initiatives focused on youth education and inclusion.