Luberef forms committee to oversee major projects

Logo of Saudi Aramco Base Oil Co. (Luberef)

Saudi Aramco Base Oil Co. (Luberef) has formed a board-level Project Execution Committee, chaired by Nabilah Al-Tunisi (nominated), with Abdullah Al Suwailem and Ahmed Al-Qahtani serving as members.

 

The company stated that the committee will support the board of directors in overseeing major projects, strengthening the governance framework and enhancing board oversight of strategic project execution. The move comes amid Luberef's continued growth and strategic expansion, reflecting its commitment to developing and executing major projects in support of its long-term objectives.

 

In a statement to Tadawul today, the company added that the committee was established pursuant to a board resolution dated Nov. 4, 2026. Its term will coincide with the current board term, which expires on Aug. 14, 2027.

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