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, Saudi Aramco Base Oil Company (Luberef) converted to a public company listed on the Main Market of the Saudi Exchange. 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.