# C_2014400EN.01001801.xml

| 13.11.2014 | EN | Official Journal of the European Union | C 400/18 |
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13.11.2014

EN

Official Journal of the European Union

C 400/18

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Prior notification of a concentration

(Case M.7396 — Saudi Aramco/S-Oil)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 400/09

| 1. | On 6 November 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Aramco Overseas Company B.V. (‘AOC’, The Netherlands), indirectly wholly owned by Saudi Arabian Oil Company (‘Saudi Aramco’, Saudi Arabia), acquires sole control over S-Oil Corporation (‘S-Oil’, South Korea), currently jointly controlled by Saudi Aramco and Hanjin Energy Co Ltd (South Korea), by way of purchase of shares. |
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1.

On 6 November 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Aramco Overseas Company B.V. (‘AOC’, The Netherlands), indirectly wholly owned by Saudi Arabian Oil Company (‘Saudi Aramco’, Saudi Arabia), acquires sole control over S-Oil Corporation (‘S-Oil’, South Korea), currently jointly controlled by Saudi Aramco and Hanjin Energy Co Ltd (South Korea), by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   For Saudi Aramco: active in the exploration, production and marketing of crude oil and in the production and marketing of refined products,
  —   For S-Oil: production and marketing of refined products. |
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2.

The business activities of the undertakings concerned are:

—   For Saudi Aramco: active in the exploration, production and marketing of crude oil and in the production and marketing of refined products,

For Saudi Aramco

—   For S-Oil: production and marketing of refined products.

For S-Oil

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7396 — Saudi Aramco/S-Oil to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7396 — Saudi Aramco/S-Oil to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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