• Region
    • Pakistan
    • UAE
    • Saudi Arabia
    • Qatar
    • Bahrain
    • Oman
    • Kuwait
  • About
  • Press Kit
  • Media Pack
  • Contact
Wednesday, July 9, 2025
CEO Times
No Result
View All Result
Subscribe
  • Login
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
CEO Times
No Result
View All Result
Home Sector Energy

Oman Oil Marketing Company expands its footprint in Saudi Arabia

22 July 2023
in Energy
Reading Time: 3 mins read
0
OOMCO

Oman Oil Marketing Company (OOMCO) has unveiled its ambitious regional expansion strategy, announcing plans to establish 14 new one-stop-shop service stations in Saudi Arabia. Through this strategic move, OOMCO aims to operate a total of 26 service stations in the kingdom by the fourth quarter of this year, further solidifying its presence in the highly promising Saudi Arabian market.

The announcement was made during a signing ceremony for a memorandum of understanding (MoU) between OOMCO and Tamiyoz for Fuel, a prominent investment and development company specializing in fuel stations in Saudi Arabia. The MoU was signed by Tarik Mohammed al Junaidi, Chief Executive Officer of OOMCO, and Yousif Masoud al Saadi, Chief Executive Officer of Tamiyoz for Fuel.

OOMCO has been committed to adopting a customer-centric approach and expanding its services beyond the traditional fuel-pump offerings. The company’s unique selling proposition lies in delivering comprehensive retail experiences to customers across all its operations. This approach has proven successful for OOMCO and presents a competitive advantage that is transferable to other regional markets, with Saudi Arabia being a key focus.

Jaber Mansour al Wahaibi, General Manager of International Retail, Business Development, Strategic Planning, & Marketing and Digital at OOMCO, highlighted the significance of the Saudi Arabian market as a key growth opportunity for the company. He stated, “OOMCO aims to operate 26 stations across Saudi Arabia by the end of 2023. We partnered with Tamiyoz, a reputed Saudi Arabia-based real estate investment and development company, to further facilitate this growth. This is in line with our aim to become one of the top five fuel marketers in the Gulf Cooperation Council by 2027.”

With its rapidly expanding service stations, OOMCO seeks to offer customers more than just fuel and lubricants. The company is transforming its service stations into attractive destinations for premium fuel, food, beverages, and other convenient items, as well as providing quality automotive services.

Yousif Masoud al Saadi, Chief Executive Officer of Tamiyoz for Fuel, expressed enthusiasm about the partnership with OOMCO and highlighted the importance of meeting the growing demand for fuel stations in Saudi Arabia. He said, “Saudi Arabia’s fast-growing population and vibrant economy mean that there is a growing need for us to build and develop more service stations across the kingdom. We are pleased to work with Oman Oil Marketing Company as we are all committed to delivering high-quality products and customer service through these sites, which will also create more employment opportunities for local suppliers.”

With its focus on customer experience and retail transformation, OOMCO has signed franchise agreements with leading global food and beverage brands, as well as partnerships with food delivery providers and internationally renowned logistics companies.

As OOMCO expands its foothold in Saudi Arabia, the company is set to further strengthen its position as a key player in the region’s fuel and retail industry.

Related Posts

Solar Power Plant

Record Drop in Solar Panel Prices in Pakistan Amidst Global Market Shifts

12 August 2024
Aramco Logo

Aramco to Acquire Additional 22.5% Stake in Petro Rabigh

9 August 2024
Total PARCO Pakistan Limited

TotalEnergies to Sell 50% Stake in Total PARCO Pakistan Limited to Gunvor Group

7 August 2024
CCP logo

CCP Approves Merger in Thermal Energy Sector Involving Engro Powergen Thar

29 July 2024
Next Post
Toyota

Indus Motor announces another plant shutdown

Copyright © 2024 CEO Times (SMC-Private) Limited

  • Privacy Policy
  • Terms & Conditions
  • Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • Magazine
  • Podcasts
  • About
  • Contact
  • Media Pack

Copyright © 2024 CEO TIMES (SMC-Private) Limited