Our History

The Arabian Petroleum Supply Co. SA (Apsco) was established as a joint stock company by shares in partnership with Mobil Corporation.

Formation of joint owned company to distribute lubricants in the Kingdom and to refuel airplanes at Jeddah Airport.

A Memorandum of Association for the establishing of the Arabian Petroleum Supply Co. (Apsco) was signed between: HACCO and Mobil investment. HACCO owns 51% and Mobil investment owns 49% shares of the company.

HAACO bought ExxonMobil stake in Apsco and as of January 1st 2007, Apsco ownership became 100% Saudi owned.

Apsco becomes a member of the Joint Inspection Group (JIG) which was formed to administer the schedule of inspections, to meet twice a year to review inspection report recommendations, to approve amendments to the Joint Guidelines, and to update the joint facilities inspection form in line with Joint Guidelines.