Petrol Ofisi A.Ş. is a fuel products distribution and lubricants company in Turkey. It is owned by Dutch Vitol Group.^[3] Vitol completed its acquisition of Petrol Ofisi from OMV AG in June 2017.

Quick Facts Company type, Traded as ...

Petrol Ofisi A.Ş.

Company type	Anonim Şirket
Traded as	BİST: PTOFS
Industry	Oil and gas
Founded	1941; 83 years ago (1941)
Founder	Government of Turkey
Headquarters	Ünalan, Istanbul
Area served	Turkey
Key people	Mehmet Abbasoğlu (CEO)[1]
Products	Petroleum, natural gas, lubricants
Services	Service stations
Revenue	₺ 19.548 billion (2011)[2]
Operating income	₺ 287 million (2011)[2]
Net income	₺ 201 million (2011)[2]
Total assets	₺ 4.642 billion (2011)[2]
Total equity	₺ 577 million (2011)[2]
Number of employees	1,020[2]
Parent	Vitol
Subsidiaries	List Erk Petrol Marmara Depoculuk PO Gaz İletim PO Georgia PO Akdeniz Rafinerisi PO Arama Üretim Maxima
Website	petrolofisi.com.tr

Close

Petrol Ofisi had 1900+ fuel stations in 2022 in Turkey.^[4]

It was established on February 18, 1941, as a state owned company to import, stock, refine and distribute petroleum products. It became a joint stock company in 1983.^{[citation needed]}

On July 24, 2000, the company was privatized, and initially 51% of the shares were purchased by Doğan Holding. On March 13, 2006, the Austrian petroleum company OMV bought 34% of the stake for US$1.054 billion. After this stock exchange, the share of Doğan Group decreased from 86.7% to 52.7%. On October 22, 2010 OMV announced that it will buy 54.17% shares from the Doğan Holding for the sum of EUR 1 Billion, setting its total stake in the company to 95.75%.^[5] The transaction remained subject to approval by relevant authorities until December 22, 2010 when it was completed.^[6]

Within the scope of the agreement signed between Petrol Ofisi and Chevron Brands International (Chevron) in 2021, Texaco started the production of mineral oil products.^[7]

• Enerco Energy