Abu Dhabi’s ADNOC Distribution looks to acquire more fuel stations in KSA

The company obtained a license to own, operate and manage fuel stations across Saudi Arabia in 2018, and opened two initial service stations along the Riyadh-Dammam highway and in the city of Hofuf in Al-Ahsa governorate that year. (ADNOC/Handout via Reuters/File Photo)
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Updated 28 December 2020
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Abu Dhabi’s ADNOC Distribution looks to acquire more fuel stations in KSA

  • The company obtained a license to own, operate and manage fuel stations across Saudi Arabia in 2018

JEDDAH: The Abu Dhabi National Oil Co. (ADNOC) for Distribution is planning fuel distribution assets in Saudi Arabia, the company announced in a statement to the Abu Dhabi Securities Exchange on Monday.

ADNOC Distribution’s board of directors will hold a meeting on Dec. 30 to discuss purchasing fuel distribution assets valued at SR37.5 million ($10 million), the statement said.

The company obtained a license to own, operate and manage fuel stations across Saudi Arabia in 2018, and opened two initial service stations along the Riyadh-Dammam highway and in the city of Hofuf in Al-Ahsa governorate that same year.

Following the initial success of the stations, which saw profits of over 30 percent, last year the company said it intended to expand its operations in Saudi Arabia and add additional activities such as car wash and dining facilities.

The UAE company has been actively looking for growth opportunities abroad for its diverse range of business sectors.

ADNOC Distribution revealed in its 2020 third-quarter report results that its Saudi expansion has been progressing well, and it is in advanced discussions to finalize land leases in the Kingdom.

“We see the Saudi Arabian fuel market as large and fragmented with underdeveloped customer offerings,” ADNOC said in its Q3 Management Discussion and Analysis Report for 2020.

“We believe that ADNOC Distribution’s experience and strengths can be leveraged to introduce world-class fuel station and customer service standards in Saudi Arabia to capture growth.”

ADNOC Distribution, a subsidiary of the ADNOC Group, was established in 1973. It is the UAE’s largest fuel retailer energy company owned by the emirate of Abu Dhabi, and operates across the hydrocarbon value chain, including exploration, production, storage, refining, marketing and distribution.


New Murabba seeks contractors for Mukaab Towers fit-outs: MEED

Updated 28 January 2026
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New Murabba seeks contractors for Mukaab Towers fit-outs: MEED

RIYADH: Saudi Arabia’s New Murabba Development Co., a wholly owned subsidiary of the Public Investment Fund, has issued a request for information to gauge the market for modular and offsite fit-out solutions for its flagship Mukaab development, MEED reported on Wednesday.

The RFI was released on Jan. 26, with submissions due by Feb. 11. NMDC has also scheduled a market engagement meeting during the first week of February to discuss potential solutions with prospective contractors.

Sources close to the project told MEED that NMDC is “seeking experienced suppliers and contractors to advise on the feasibility, constraints, and execution strategy for using non-load-bearing modular systems for the four corner towers framing the Mukaab structure.” The feedback gathered from these discussions will be incorporated into later design and procurement decisions.

The four towers — two residential (North and South) and two mixed-use (East and West) — are integral to the Mukaab’s architectural layout. Each tower is expected to rise approximately 375 meters and span over 80 stories. Key modular elements under consideration include bathroom pods, kitchen pods, dressing room modules, panelized steel partition systems, and other offsite-manufactured fit-out solutions.

Early works on the Mukaab were completed last year, with NMDC preparing to award the estimated $1 billion contract for the main raft works. This was highlighted in a presentation by NMDC’s chief project delivery officer on Sept. 9, 2025, during the Future Projects Forum in Riyadh.

Earlier this month, US-based Parsons Corp. was awarded a contract by NMDC to provide design and construction technical support. Parsons will act as the lead design consultant for infrastructure, delivering services covering public buildings, infrastructure, landscaping, and the public realm at New Murabba. The firm will also support the development of the project’s downtown experience, which spans 14 million sq. meters of residential, workplace, and entertainment space.

The Parsons contract follows NMDC’s October 2025 agreements with three other US-based engineering firms for design work across the development. New York-headquartered Kohn Pedersen Fox was appointed to lead early design for the first residential community, while Aecom and Jacobs were selected as lead design consultants for the Mukaab district.

In August 2025, NMDC signed a memorandum of understanding with Falcons Creative Group, another US-based firm, to develop the creative vision and immersive experiences for the Mukaab project. Meanwhile, Beijing-based China Harbour Engineering Co. completed the excavation works for the Mukaab, and UAE-headquartered HSSG Foundation Contracting executed the foundation works.