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Industry Oil and Gas
Founded January 6, 1976
Headquarters Seoul, South Korea
Key people
Osman Al-Gamdi (CEO)
Revenue Increase 28.8 billion USD (2011)
Parent AOC
Website www.s-oil.com
Hangul 에쓰오일
Revised Romanization Esseu Oil
McCune–Reischauer Essŭ Oil

S-Oil Corporation (hangul:에쓰오일) is a petroleum and refinery company, headquartered in Seoul, South Korea. It was established in 1976 by old name Korea-Iran petroleum company (hangul:한이석유). It produces petroleum, petrochemical, and lubricant products. The company was listed as a Fortune Global 500 company in 2009. (Rank 441).

S-Oil's Onsan Refinery in Ulsan has a capacity of some 650,000 barrels per day (BPD).[1]

Corporate governance[edit]

As of 2016, the CEO and Representative Director is Othman Al-Ghamdi.


Saudi Aramco bought a 35% interest in Aug. 1991, and increased it to 65% in 2014.[1] The common stock shares are traded on the Korean Stock Exchange. It is also listed on the Dow Jones Index.[2]

See also[edit]


  1. ^ a b Al-Naimi, Ali (2016). Out of the Desert. Great Britain: Portfolio Penguin. pp. 168–170. ISBN 9780241279250.
  2. ^ "AOC | S-Oil Affiliation". aramcooverseas.com. Retrieved 2016-12-30.

External links[edit]