Petromin Newsletter - May 2023

NTSC & Massar Solutions join hands for sustainable mobility!

National Transportation Solutions Company (NTSC), a?Petromin Corporation?Company, and?Massar Solutions?have joined forces to launch a range of unparalleled?#sustainable?mobility and transportation solutions for Saudi Arabia.

This partnership will enable our customers to get access to innovative operational leasing and fleet management services, comprehensive maintenance, and commercial electric vehicle leasing programs to reduce Green House Gas?#GHS?emissions. With this collaboration, NTSC supports Saudi Arabia to get one step closer to achieving its goals outlined in Vision 2030.

Establishing the Digital Source of Truth: Petromin GRC department on swing!

Continuing its pursuit of excellence, Petromin Corporation’s Governance, Risk and Compliance (GRC) team reached a significant milestone in their journey to establish a ‘Digital source of Truth’ across the group. As part of their first flush of implementing Project Bright, they collaborated with Petrolube to visualize and document their processes, policies and reports on an accessible internal portal.

It is important to highlight that this initiative is serving as another avenue to further the efforts of sustainable operations at Petromin. Through Petrolube’s adoption of Project Bright, over 1000 papers were saved with this initiative, along with subsequent reduction of carbon footprint through FTE optimization and reduction overtime. Congratulations to the hardworking champions and gatekeepers from Petrolube who devoted their time to help us achieve this feat.

Petromin Express: Growing beyond KSA

Petromin Express India is now operational across 4 locations in Chennai, India. With average revenue grown over 200% in the last quarter, the team deserves hearty congratulations!

Additionally, over 100 SpareIt garages across Bangalore are now trained in EV servicing with installed charging points. With 16 major partners already in their portfolio, this is undoubtedly bringing the first mover advantage for SpareIt in building India’s largest EV service network.