Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG  COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  
 EUROPEAN COMMISSION  
Brussels, 29.9.2022  
C(2022 ) 7042 final  
PUBLIC VERSION  
Aramco Overseas Company B.V.  
Scheveningseweg 62 – 66 
2517 KX, The Hague  
The Netherlands  
 
BP Europa SE  
Überseeallee 1,  
20457 Hamburg,  
Germany  
Subject : Case M. 10696  – ARAMCO OVERSEAS COMPANY / BP EUROPA / 
LOTOS -AIR BP POLSKA  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European  
Economic Area2  
Dear Sir or Madam,  
1. On 7 September 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which the 
undertaking s Aramco Overseas Company B.V. (“AOC”, Netherlands), controlled by 
Saudi Arabian Oil Company (Saudi Arabia), and BP Europa SE  (“BP Europa”, 
Germany ), controlled by BP p.l.c.  (United Kingdom) , will acquire within the meaning 
of Article 3(1)(b)  and 3(4)  of the Merger Regulation joint control over the whole of 
the undertaking Lotos – Air BP Polska sp. z o.o.  (“Target”, Poland) by way of 
purchase of shares .3 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect  from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 351, 14.9.2022 , p. 6. 

 
2 2. The business activities of the undertakings concerned  are the following : 
 AOC provides  its affiliates in the Saudi Aramco group with a wide range of 
services  including finance support services, supply chain management, technical 
support services and a  variety of administrative support services , 
 BP Europa is carrying out the majority of BP’s operations in Poland, including 
the supply of road fuel through its own  petrol stations and through dealer sites and 
the sale of lubricants, incl uding through the Castrol brand . BP currently does not 
supply or sell aviation fuels in Poland , 
 The Target is a joint venture jointly controlled by Grupa Lotos S.A.  and BP 
Europa  and active in the sale of JET -A1 jet fuel and aviation gasoline, and 
refuelling of aircrafts with these aviation fuels at airports located in Poland . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation fall s within the scope of the Merger  Regulation  and of 
paragraph 5 (b) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .