S-OIL announces appointment of Anwar A. Al-Hejazi as new CEO
South Korea’s S-OIL Corp. announced the appointment of Anwar A. Al-Hejazi, former CEO of Aramco Asia, as the company’s new representative director and chief executive officer (CEO).
“CEO Anwar Al-Hejazi’s expertise in the global energy industry as an officer of Saudi Arabia’s state-run oil and gas company Saudi Aramco will serve as a great contributor to S-OIL’s business success and global growth,” S-OIL’s Board of Directors said in a statement issued on May 9, 2023.
Saudi Aramco owns a 65% stake in S-OIL, which has facilities that produce lubricating base oil, petrochemical products, and crude oil refining facilities of 669,000 barrels per day in the Onsan Industrial Complex in Ulsan, South Korea.
Al-Hejazi, who majored in chemical engineering at King Fahd University of Petroleum and Minerals, joined Saudi Aramco in 1996. Since then, he has gained vast experience in oil & gas facilities management, business development, investment localisation, project management and facility planning.
He was appointed as the representative director of Aramco Asia Japan in 2016 and later as president of Aramco Asia in 2018, where he oversaw Aramco’s business in Asia, including developing strategic joint venture investments with companies in South Korea, China and Japan and building collaborative relationships with business partners.
As president of Aramco Asia, he expanded Saudi Aramco’s market share in crude and LPG sales in Asia through relationship building with existing and potential customers. He also helped Aramco to solidify its position as the largest crude oil supplier to South Korea, Japan and China. In addition, he played a key role in South Korea-related businesses by identifying new business opportunities in low-carbon ammonia/hydrogen, which led to memoranda of understanding (MoUs) being signed between Saudi Aramco and 10 major players in South Korea and Japan.
Al-Hejazi represented Saudi Aramco as a board member of Showa Shell Sekiyu K.K. in Japan, FREP, SSPC in Fujian province, China, and in the Chinese entity of Aramco Ventures Management (Prosperity7).
