Joint Ventures & Affiliates
We have several major affiliates around the world, two focusing on downstream in Asia and one that is a crude oil terminal and storage facility in the Netherlands.
Since the beginning of 2019, we are 100% shareholder of Arlanxeo, a former joint venture between Aramco and Lanxess, a Chemicals company, specialized in High Performance Elastomers and Tire & Specialty Rubbers.
We have shares in Team Terminal, together with partners BP and Esso and MOT (Maasvlakte Olie Terminal) together with 5 other partner (BP, Esso, Total, Shell, Vopak).
In addition, a few Aramco investments fall under us, such as S-Oil, a petroleum refinery in South-Korea; in which we are the majority shareholder.
We also own 50% of two PrefChem joint ventures (for Refining and Petrochemicals) in Malaysia and finally, have a stake in Idemitsu Showa Shell.