Aramco aims to expand investment in marine fuel stations, especially after evaluating the results and efficiency of the operational performance of the Aramco Marina station project on the Red Sea. March 9, 2024 witnessed the opening of Aramco Marina, its first marine station in Saudi Arabia, which carries the new identity. For the brand of the company’s stations, in addition to supplying fuel to the station at the Jeddah Yacht Club on the Red Sea coast, this came in conjunction with the start of the Formula 1 Saudi Grand Prix.

Aramco aims to increase its market share in the retail sector in the Kingdom through continuous work to plan networks and locations of stations, including marine stations, and is working to study and evaluate the economic feasibility of projects in detail.

On the other hand, Aramco’s profits declined by 24.71% during the year 2023 to 454.76 billion riyals, and in return the company’s revenues fell by 17.6% to reach 1.65 trillion riyals. The company has a clear, effective and influential strategy in the field of fuel retail, which is considered an extension of strengthening the company’s strategy in the value chain. in the refining sector worldwide.

One of the most important aspects of the strategy is the dissemination of the company's brands, including retail fuel service stations, in addition to enabling the placement of various fuel products, including gasoline and diesel, in global consuming markets.

The station contains diesel and 95 gasoline, and its operating capacity is 65 million liters annually. It serves all categories of yachts, with sizes up to 120 meters, in addition to boats and marine tanks. The station operates 12 hours a day.

The company confirmed its determination to raise the level of its business in the fuel retail sector in geographical areas. It enjoys high growth rates in markets that provide the appropriate environment to spread its brands and contribute to enhancing the position of its products.

Aramco completed the acquisition of 100% of ESMAX Distribution Company, which operates in the retail trade of various fuels and lubricants in Chile. This deal represents the company’s first investment in the retail business in South America. It supports the company's strategic goal of enhancing its value chain in the refining, chemicals and marketing sectors.