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Saudi Aramco is in advanced negotiations to acquire approximately 30% of OYAK's GüzelEnerji, the fourth largest fuel distributor in Turkey (1,055 stations, approximately 8-9% market share). Aramco executives visited key facilities. In the event that the deal is completed, the TotalEnergies branding at the stations may transfer to Aramco. This will be Aramco's first significant entry into the Turkish refining market since the company lost the Petrol Ofisi tender in 2017. No contract has yet been signed, and approval from the Competition Council is required.

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Saudi Aramco is in advanced negotiations to acquire approximately 30% of OYAK's GüzelEnerji, the fourth largest fuel distributor in Turkey (1,055 stations, approximately 8-9% market share). Aramco executives visited key facilities. In the event that the deal is completed, the TotalEnergies branding at the stations may transfer to Aramco. This will be Aramco's first significant entry into the Turkish refining market since the company lost the Petrol Ofisi tender in 2017. No contract has yet been signed, and approval from the Competition Council is required.

Saudi Aramco is in advanced negotiations to acquire approximately 30% of OYAK's GüzelEnerji, the fourth largest fuel distributor in Turkey (1,055 stations, approximately 8-9% market share). Aramco executives visited key facilities. In the event that the deal is completed, the TotalEnergies branding at the stations may transfer to Aramco. This will be Aramco's first significant entry into the Turkish refining market since the company lost the Petrol Ofisi tender in 2017. No contract has yet been signed, and approval from the Competition Council is required.