A 45 YEAR HISTORY

We have been producing high-quality base oils for over 45 years.

A LOOK-BACK AT OUR COMPANY HISTORY

Founded in 1976 in Jeddah, Luberef was originally established as a joint venture between Petromin and Mobil as a pioneer in the base oils sector.


Today , under the joint ownership of Saudi Aramco (70%) and Jadwa Industrial Investment Company (30%), Luberef is one of the world’s leading suppliers of high-quality base oils and the only virgin base oil producer in the Kingdom of Saudi Arabia.

LONGSTANDING BASE OIL HERITAGE

Our 45-year history from a single small-production facility in Jeddah to a global downstream industry leader.
1976
The Company was founded as a joint venture between Petromin (70%) and Mobil (30%).
1996
Petromin’s 70% stake was transferred to Saudi Aramco.
2007
Mobil sold its 30% stake to Jadwa Industrial Investment Company.
2021
The total production capacity across both facilities reached 1.3 million MT for Group I and Group II Base Oils.
1977
The Jeddah Facility was commissioned with an initial production of approximately 180,000 MT of Group I Base Oils.
1997
The Yanbu Facility was commissioned with an initial production capacity of approximately 300,000 MT of Group I Base Oils, increasing total capacity to 560,000 MT.
2017
The expansion of the Yanbu Facility enabled Luberef to produce Group II Base Oils for the first time in Saudi Arabia.

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If you require any further information regarding our products, wish to join the Luberef team or have a media inquiry, please contact our team.

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