Investment Portfolio
Bunkering Operations
IECO started with bunkering operations in 1977 in The Islamic Port of Jeddah, Saudi Arabia.Today we are among leading and trusted marine fuel suppliers in Saudi Arabian and UAE ports as we have grown to diverse fields in the marine business.
Our reputation for being creative in breaking ground in new markets has its counterpart in our proven reliability in providing affordable energy to many remote areas of the globe, hitherto inaccessible to major oil companies
Our Bunkering Business is registered in Saudi Arabia, and is licensed to supply marine fuel to vessels in Saudi Ports through its bunkering arm “Bihar International” and at UAE ports through its other arm “International Supply”.
- Round the clock operations (24/7, 7 Days a Week, 365 Days an year
- Available Bunker Grades: RME, RMG, MGO
- Highly maintained and owned barges
- The Bunker Vessels range from 7,000 to 9,000 DWT.
- Pumping Capacity: 1000m3
Everyone who works here is satisfied of knowing that one is participating in providing energy resources that will help to improve the lives of millions around the world.
We treat clients individually and unique to each other, which is why even before accepting to do business with any client, we make sure we know their challenges and that our resources match their needs. Knowing the challenges of our clients allow us to foresee and exceed expectations is feedback commonly shared by our clients.
Our Bunkering expansion is continuing apace, with plants and storage being built in the Gulf, the Middle East, the Indian Subcontinent, Africa and the Far East.
International Supply
Office # 602, Swiss Tower, Cluster Y, Jumeira
Lake Towers – P.O Box # 392509, Dubai, UAE
Tel 1: +971 (4) 4278667
Tel 2: +971 (4) 4290681
Fax: +971 (4) 2775806
Chevron AlBakri Lubricants (CBL)
Chevron AlBakri Lubricants Company (CBL) is a 50/50 JV between Chevron Corporation USA and Al-Bakri Group of Saudi Arabia since 2004 that manufactures, markets and distributes Caltex and Chevron products with its head office in Jeddah (KSA) and branches/sales offices and warehouses represented throughout KSA.
Nearly 98% of CBL’s products are produced in KSA from locally sourced base oils. CBL has expanded in the last decade; growing over 131% and now represents 3% market share in KSA.
Iraq was added as an export market in 2019; importing Chevron branded products from the USA.
- 3 Markets, 2 Brands, 3 Offices in KSA, 1 3P Blending Plant
- Reputable brands DELO, HAVOLINE, TECHRON built on Technology
- 85+ Employees
- 2000+ Customers
- 32 Vans on ground servicing Retail Sector
Comprehensive customer solutions spanning consumer, commercial and industrial applications
Chevron AlBakri Lubricants (CBL)
Office 405, 4th Floor, Matbouli Plaza, Maadi Street,
PO Box 3628, Jeddah 23213 Saudi Arabia
Tel: +966 (12) 601 3731
Fax: +966 (12) 6511656
PetroTank
National Petroleum and Petrochemical Tanks & Pipeline Company (PetroTank) is part of the group of companies that have been providing range of services in the field of oil & gas, Energy and Marine.
In line with the Groups vision of delivering services in the field of Marine & Energy, National Petroleum & Petrochemical Tanks & Pipeline Company (PetroTank) was established to provide storage, blending, and bunkering facilities.
PetroTank acquired an existing oil storage & blending terminal in King Fahd Industrial Port, Yanbu on the coast of Red sea in year 2020.
The PetroTank Terminal is currently leased by the esteemed Aramco Trading Company, in the past PetroTank had an opportunity to work with reputed international clients like Trafigura & Be Energy
- Six above ground, cone roof storage tanks – capacity of 17,000 m3
- Two above ground, internal floating roof tanks – capacity of 5,000 m3
- Storage and handling capability of two different grades of products with positive segregation.
- Based on oil properties and number of product grades in operation, we achieve
-product receiving capacity of up to 4,500 m3/hr
-pumping capacity of up to 2,500 to 4,000 m3/hr - Variable Frequency drive for 4 pumps to provide flexibility on loading rates.
- Heating facility for all tanks through thermal oil.
- Product circulation/ blending facility for all large tanks.
- Air bubbling facility for all large tanks
- Truck loading and Unloading facility
Loading and discharging of sea going vessels through Berths at King Fahd Industrial Port.
Ability to handle vessels of various sizes of draft up to 16 m and max LOA 300 m.
National Petroleum and Petrochemical Tanks & Pipeline Company (PetroTank)
King Fahd Industrial Port,
Yanbu, Kingdon of Saudi Arabia
Tel: +966 (4) 4278667
Fax: +966 (4) 2775806
Al-Shams Energy
Al-Shams National Global Energy Co. is an ITP (Into-plane) provider for all Aviation fuel services, Commercial, Private & Military, as well as Developing, Operating, and Managing aviation fuel depots, including Hydrant systems.
- RIYADH AIRPORT – KKIA GACA Agreement (33-24-Commercial), Novated to Riyadh Airport Company (RAC)Having Aircraft Fuel and Oil Handling Economic License (GACAR 151), License No. (300/2/3/1/13/3)
- JEDDAH AIRPORT – KAIAGACA Agreement (17G-009-Operation-0-06), Novated to Jeddah Airport Company (JEDCO)Having Aircraft Fuel and Oil Handling Economic License (GACAR 151), License No. (300/2/3/2/13/3)
- MADINAH AIRPORT – PMIAGACA Agreement (Novation Agreement 13 Aug 2005), Novated to Tibah Airport Company (TIBAH)Having Aircraft Fuel and Oil Handling Economic License (GACAR 151), License No. (300/2/3/3/13/3)
- DAMMAM AIRPORT – KFIAGACA Agreement through MCRA (F33-079-Operation-0-00), Novated to Dammam Airport Company (DACO)Having Aircraft Fuel and Oil Handling Economic License (GACAR 151), License No. (300/2/3/4/41/1)
Al Shams offers technical assistance. Al-Shams provides services that include Staff and operations training, update of manuals, Tarbox insurance, health and safety monitoring, Inspection of equipment, and facility reviews.
- Active customer base of over 60 airlines and clients
- Some of the significant strategic alliances, partnership & membership from all over the world include:i) Technical Service Assistant (TSA) by ENI S.P.A., Italy The Government of Italyii) Technical Service Assistant (TSA) by Kuwait Petroleum Company (Q8) The Government of Kuwaitiii) Technical Service Assistant (TSA) by Chevron Corporationiv) IATA Strategic Partnershipv) JIG Membershipvi) AACO Membershipvii) ISO 9001:2015 Certification
- Al-Shams owns 42 vehicles which further can store and commute 4.2 billion+ liters of fuel.
- Commenced its first operations in 1997 at King Abdulaziz International Airport in Jeddah
- In 2009, the company expanded its activities at Prince Muhammad Bin Abdulaziz International Airport in Madinah with integrated operations, including building and managing aviation fuel and storage.
- In 2013, Operations expanded to include King Khalid International Airport in Riyadh as an exclusive provider for Saudi Airlines (domestic) till 2019. Operations also expanded to include international, private, and royal aviation.
AlShams National Global Energy Co.
4th Floor, Al Murjanah Tower, Prince Sultan Street,
P.O. Box 55930, Jeddah 21544, Saudi Arabia
Tel: +966 (12) 6013729
Mob: +966 50-310-6075
Email: info@alshamsenergy.sa
Nile Bakri Aviation Co. Ltd.
Nile Bakri Aviation also known as NIBA is a specialized aviation fuels company. NIBA commenced its operations as a Jet Fuel- Marketing Company at Khartoum Airport (KAP) Sudan in 2002, and currently owns and operates aircraft refueling facilities in five airports country-wide and supplies over forty airlines.
The company is a tripartite joint venture of the following companies:
- Nile Petroleum Co. (NPC)
- International Energy Co. Ltd. (IECO)
- Al TAGHIP Group
We proudly serve a broad range of customers, more than 10,000 and counting, including most major passenger airlines and cargo carriers, which serve all branches of the military, OEM’s and airframe manufacturers, corporate flight departments, fractional jet companies, charter operators, fixed-base operators, and fuel resellers.
- Khartoum Airport provides services of refueling, defueling and storing fuel in drums. The tanks at Khartoum airport have a 6,500,000 liters capacity whereas the refuellers’ capacity is 224,000 liters.
- Port Sudan Airport provides services of refueling. The tanks have 232,000 liters capacity whereas the refuellers’ capacity is 35,000 liters.
- Geneina Airport provides services of refueling. The tanks have a 455,000 liters capacity whereas the refuellers’ capacity is 32,000 liters.
- El Obeid Airport provides services of refueling and storing fuel in drums. The tanks have a 227,300 liters capacity whereas the refuellers’ capacity is 25,000 liters.
- Nayala Airport provides services of refueling. The tanks have a 227,300 liters capacity whereas the refuellers’ capacity is 20,000 liters.
- El Fashir Airport provides services of refueling. The tanks have a 455,000 liters capacity whereas the refuellers’ capacity is 32,000 liters.
Nile Bakri Aviation Co.
Building 27, Block 11, Street 51,
Alamarat, Khartoum, Sudan
Tel: +249 (91) 2395017
Mob: +249 (91) 2398731
Email: info@nilebakri.com
Be Energy SA
Be Energy SA is one of the leading oil trading companies for supply of refined petroleum products in the Arab Gulf, East African and Asian Continents.
We are engaged in buying and selling of refined petroleum products from major Arabian Gulf, Mediterranean and Black Sea Refineries, Asian Refineries, Oil Majors and other oil trading companies.
With a legacy of more than 30 years, we are one of the oldest bunker suppliers in the region with proven expertise in shore and off-shore blending.
Our major blending activities are carried out in an approved and exclusive off-shore blending facility in Fujairah, which along with our vast experience in blending enables us to cater to the needs of different grades of fuel oil supplies for marine bunkering and other utility markets in the Asian and African continents. We proudly cater to tailor-made blended fuel oil requirements of our clients.
- Started off the bunkering operations in the Red Sea during the mid-’90s
- In the late ’90s, Be Energy S.A. UAE started HSFO Supply to Pakistan, Bunkering in Arabian Gulf/Fujairah, Bulk Oil Trading, and Blending
- In 2000, It extended trading activities to Far Eastern Countries from Arabian Gulf
- In 2008, Blended up to 1 Million Tons/Month of oil supplies in Fujairah.
- Blending Market Share touched about 50% of the fuel market in Fujairah in 2008
- In 2012, the company set up a Blending facility at Yanbu Terminal
- The blending facility in Fujairah has enabled us to cater to the needs of different grades of fuel oil for marine bunkering and other Asian and African markets.
Be Energy SA
Correspondence Address:
Office # 602, Swiss Tower, Cluster Y, Jumeira
Lake Towers – P.O Box # 392509, Dubai, UAE
Tel 1: +971 (4) 4278667
Tel 2: +971 (4) 4290681
Fax: +971 (4) 2775806
Email: info@beenergy.co
Be Energy Pakistan
Be Energy Pakistan is one of the rapidly growing oil marketing companies in Pakistan. Be Energy started in 1994 by exporting petroleum products to the Government of Pakistan. In 2005, it obtained its Provisional Oil Marketing License in Pakistan and officially embarked on the journey as an Oil Marketing Company. BE started with a retail network of just 40 outlets, which within 12 years has been developed into a fully integrated network of 450+ outlets serving the nation with top-notch quality petroleum products and non-fuel services.
BE is a highly driven company to serve its clients while aiming to contribute towards better energy.
- In 2022, a strategic and historic partnership agreement with Chevron enables Caltex branded fuel station network to expand nationwide in Pakistan
- Commissioned 22KT Mogas Tank at Port Qasim in 2022
- BE commissioned its Mehmoodkot Terminal in 2021
- It has commissioned its 6th Depot in Sahiwal in 2019
- Commissioned 5th Terminal at Daulatpur in 2018
- Be Energy is the first company that built Mogas Tanks at Port Qasim in 2017
- The 4th and 5th Terminals were Commissioned in 2017 at Port Qasim and Shikarpur, respectively
- Unraveled three significant milestones in 2015
i) Started importing HSD and PMG
ii) Stepped into the aviation business
iii) Started importing and distributing world-renowned Q8 lubricants - First-ever fuel blending facility was commenced in 2013
- In 2012, Be Energy commissioned its Third terminal at Machike, Punjab, Pakistan.
- Signed a partnership agreement with Hubco Narowal for the long-term supply of fuel oil that kicked off with the first supply in 2010
- Commissioned Two State of the Art Terminals at Port Qasim in 2006 and 2009, respectively, to store petroleum products to meet the supply and demand.
Be Energy Limited
501, 5th Floor, PARSA Towers, Block – 6,
P.E.C.H.S, Main Shahrah-e-Faisal, Karachi, Pakistan
Tel: + 92 (21) 111-222-235
Email: info@beenergy.co
Be Energy Kenya
Be Energy Kenya was founded in 2004 as an addition to the already successful affiliates under IECO. Few top brand companies existed, and competition was purely under supply and demand. Over the period, increased competition, strict price and capacity regulation has seen survival and growth of only the most efficient and most adapted.
Be Energy has strategically located retail outlets with an aim of reaching every town in Kenya, providing high quality petroleum products and lubricants to its customers. The company continues to rapidly acquire new spacious outlets for a secured wider reach.
In close partnership with Kuwait International, Be Energy secures the highest standards of safety in its aviation technical operations, winning the confidence of major airlines including Kenya Airways, Martin Air, African Express, Air France and KLM, Egypt Air, Saudi Airlines, CargoLux among others. Be Energy aggressively expanded by increasing its export volumes in East African Markets.
Furthermore, the company delivers countrywide bulk sales of fuel to customers at very competitive prices ex-depots spread from Mombasa, Nairobi, Nakuru, Eldoret and Kisumu.
- Be Energy started with Aviation Fueling operations in 2006
- It opened its First Retail Outlet in Kenya in 2011
- Started Supply of 10M Litres of Diesel to Kengen in 2012
- Imported 1st consignment of Premium quality Lubricants from Q8 Oils in 2013
- It attained the 13M Litres mark of Aviation Jet A-1 sales per month in 2016
- Commenced the Import and Distribution of world-renowned Q8 Lubricants
- Set up Commercial Operations in Rwanda in 2018
- Achieved top 10 market share locally among over 80 OMCs
Be Energy
4th Floor, African Re Center, Hospital Road, Upperhill,
P.O. Box 19095 — 00501, Nairobi, Kenya
Tel: +254 (20) 2714747
Email: info@beenergy.co
Be Energy Uganda
Be Energy Uganda opened its first retail outlet in 2014 as addition to the already successful OMC in Kenya. Few top brand companies existed, and competition was purely under supply and demand. Over the period, increased competition, strict price and capacity regulation has seen survival and growth of only the most efficient and most adapted.
Be Energy has strategically located retail outlets with an aim of reaching every town in Uganda, providing high quality petroleum products and lubricants to its customers. The company continues to rapidly acquire new spacious outlets for a secured wider reach.
Be Energy
4th Floor, African Re Center, Hospital Road, Upperhill,
P.O. Box 19095 — 00501, Nairobi, Kenya
Tel: +254 (20) 2714747
Email: info@beenergy.co
JAFTO
JAFTO – Joint Aviation Fuel Terminal Organisation is a fuel system operations and maintenance company. It sells fuel to into-plane providers (ITP) for reselling to airlines refueling at KAIA, among other aviation fuel products and services. JAFTO has been operating and maintaining fuel systems at KAIA with complete success and satisfaction from our customers. JAFTO has been a proud Joint Inspection Group (JIG) member since 2019, having expertise in aviation best practices.
- JAFTO was established in 2015 and won the contract to Operate and Maintain the fuel system at King Abdulaziz International Airport (KAIA) Jeddah, Saudi Arabia
- JAFTO has signed supply contracts with six ITPs AlShams Energy, APSCO, PASCO, SAS Caltex, UGAFCO, and Petrostar
- JAFTO was awarded the License for the fuel system operation and maintenance at KAIA.
Joint Aviation Fuel Terminal Organization (JAFTO)
Zahran Business Center, Jeddah, KSA
Tel: +966 (12) 5923444
Email: info@jafto.com
MCRA
The Modern Consortium for Refueling Aircraft Co. Ltd. MCRA was established in 2012 and it is the first private company in Saudi Arabia which is providing storage and hydrant operation. It delivers quality into-plane services for (Jet A-1) at KFIA Dammam in line with Joint Inspection Group (JIG) standards, the recognized global organization in the field of aviation.
MCRA is a JIG member, IATA strategic partner, AACO member, ISO9001:2015, and a GACA-certified company.
- MCRA is the first private company in Saudi Arabia to take over the entire operation (Fuel Farm, Hydrant) of any international airport from Saudi Aramco
- Operational Agreement with Dammam Airports Company (DACO) at King Fahd International Airport in 2013
- Operational agreement with (DACO) for Into Plane Fueling (ITF) operations
- Signed a contract with the Ministry of Defense, Saudi Royal Land Forces, to provide services at nine bases around the kingdom for three years.
- The operations of MCRA were rated “GOOD” by JIG, so Dammam Airport (KFIA) was eventually rated as GOOD which is a proud achievement of MCRA.
Modern Consortium for Refueling Aircraft Co. Ltd. (MCRA)
King Fahd Int’l Airport, P.O. Box 4353,
Dammam 31491, Kingdom of Saudi Arabia
Tel: +966 (13) 8830256
Mob : +966 (13) 8830252
Email: info@mcra.com.sa