Bangkok-based Sea Oil Public Company Limited’s Singapore subsidiary, Sea Oil Petroleum Pte Ltd, has acquired Pro Fuels AS’s trading business and operations.
As part of the acquisition, Sea Oil Petroleum AS has been established, and the former Pro Fuels team will transfer as new employees to the company.
Pro Fuels AS was established in Norway in 2018 by a group of experienced individuals with a strong background within the marine fuel industry for the last three decades and the company has had a steady and rapid growth since incorporation. “Our growth has been steady as expected, and we have for a period now been looking for a solid partner to take our business to the next step.
Koh Kuan Hua, director of Sea Oil Petroleum Pte Ltd commented. “I’m sure that with the team’s strong business acumen and documented experience, they will succeed in building Sea Oil into an even stronger brand for the future and be the preferred choice for our clients when looking for refuelling on a global scale. I’m looking forward to deliver a better product to serve our clients by combining the strengths of two companies that have succeeded in different regions together as one”, added Kuan Hua.