Stena Oil AB

What Stena Oil AB does

Stena Oil AB is a Swedish marine fuel supplier and bunker operator headquartered in Gothenburg, founded in 1980 as part of the Stena Sphere and operated as a wholly-owned subsidiary of Stena Metall Group. The company supplies marine fuels — HSFO 3.5%, MGO 0.1%, VLSFO 0.5%, and ULSFO 0.1% — alongside biofuels (pure biodiesel and blends), to shipping companies operating in the Skagerrak, Kattegat, and North Sea regions of Northern Europe. It is described as the leading supplier of bunker oil in the Nordic countries and the leading Swedish supplier in the bunker business segment.

The company's operations are anchored in physical infrastructure: an owned fleet of five bunker ships including the custom-built M/T Vingaren (5600 DWT, with methanol and biofuel segregation capability), state-of-the-art terminals in Gothenburg, Copenhagen, and Frederikshavn (the Gothenburg site including a fully owned exclusive pipeline system with 24-hour loading and Seveso classification), and a combined 25,000 m³ slops and oily-waste treatment capacity across Gothenburg and Halmstad. Beyond fuel supply, Stena Oil provides slops and engine-room waste collection and treatment (with recovered oil repurposed as alternative fuel for the cement industry), EMSA-contracted rapid oil spill response (MT Norden mobilizable within 24 hours), and CSO Tickets offering strategic petroleum stockpiles and carbon offsetting for corporate clients and EU member states.

Commercially, Stena Oil operates a sales-led B2B enterprise motion. Revenue is generated through transaction-based bunker fuel sales priced by quote under prevailing market conditions, supplemented by managed-services revenue from the EMSA contract. The customer base is concentrated in vessel operators and shipping companies served directly by Bunker Traders, a dedicated trading desk, and terminal/operations staff across Sweden and Denmark. Distribution is direct: owned tanker fleet for offshore bunkering, terminal-to-vessel via the Gothenburg pipeline, and truck/barge supply via worldwide partnerships. The company is EcoVadis Silver Medal certified (2022, top 25%) and has been accident-free for over 11 years.

Name

Stena Oil AB

Legal name

Stena Oil AB

Website

https://stenaoil.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Stena Oil AB is a Nordic marine fuel supplier and bunker operator, serving shipping companies in the Skagerrak, Kattegat, and North Sea with HSFO, MGO, VLSFO, ULSFO, biofuels, slops management, and EMSA oil-spill response via its own tanker fleet and terminals in Sweden and Denmark.

Ownership category

akta.pro rank

Product category

Marine Bunker Fuel Supply

NAICS

Pipeline Transportation of Refined Petroleum Products (486910)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA)

akta.pro secondary industries

Bunker Storage Terminals & Tank Farms (Onshore/Offshore) (TLAHAKAF), Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC), Environmental, Spill Prevention & Waste Management for Bunkering (Slops, Spill Response) (TLAHAKAL), Bunker Procurement, Contracting & Risk Management (Hedging, Claims) (TLAHAKAE)

Keywords

• Marine fuel supply
• Bunker services
• Biofuel blends
• Slops management
• Oil spill response

Headquarters

HQ city

Gothenburg

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Marine Fuel Supply: Core revenue stream from supplying marine fuels including HSFO 3.5%, MGO 0.1%, VLSFO 0.5%, and ULSFO 0.1%. Delivered via bunker tankers and storage facilities across Europe.
2. Biofuels: Sale of biofuel products including pure biodiesel and blends mixed with conventional fuels for marine operations.
3. Slops and Waste Management: Collection, storage, and treatment of slops and engine room sludge. Waste treatment plants transform oily waste into alternative fuel source sold to cement industry.
4. EMSA Oil Spill Response: Rapid oil spill response services for European Maritime Safety Agency in Nordic waters. Specialized equipment and trained crew.
5. CSO Tickets: Strategic petroleum stockpiles and emergency supply assurance for corporate clients and EU member states.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Stena Oil supplies marine bunker fuels — traditional fuel oils (HSFO 3.5%, MGO 0.1%, VLSFO 0.5%, ULSFO 0.1%) and biofuel blends — delivered through its own fleet of bunker tankers and storage terminals in Sweden and Denmark. The company also provides slops and oily waste treatment, EMSA-contracted oil spill response, and CSO Tickets for strategic petroleum stockpiles, serving shipping companies and vessel operators primarily in Nordic waters.

Product overview

Stena Oil is a leading Nordic marine fuel supplier operating as part of the Stena Metall Group and Stena Sphere. The company offers a comprehensive marine fuel portfolio consisting of traditional fuel oils (HSFO 3.5%, MGO 0.1%, VLSFO 0.5%, ULSFO 0.1%), biofuels, and slops management services. Complementing its core fuel supply business, Stena Oil provides EMSA oil spill response services and CSO Tickets for strategic energy reserves. Operations are supported by a fleet of modern bunker tankers including M/T Vingaren (5600 DWT) and storage terminals strategically located in Gothenburg, Copenhagen, and Frederikshavn.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Fuel Supply Reliable marine fuel supply with modern, efficient bunker tankers and a controlled supply chain from refinery to delivery, providing HSFO 3.5%, MGO 0.1%, VLSFO 0.5%, and ULSFO 0.1% to shipping companies and vessel operators.
• Biofuels Marine biofuel solutions including pure biodiesel and biofuel blends mixed with conventional fuels, providing shipping customers with options to reduce carbon footprint and meet IMO emissions regulations.
• Slops and Waste Management Collection, storage, and treatment of slops and engine room sludge using water treatment plants in Gothenburg and Halmstad with combined capacity of 25,000 m³; processed water is returned clean and extracted oil repurposed as alternative fuel for the cement industry.
• EMSA Oil Spill Response Rapid oil spill response services delivered under agreement with the European Maritime Safety Agency, with specialized recovery equipment and trained crew (notably aboard MT Norden) mobilizable within 24 hours to assist authorities across European waters.
• CSO Tickets Strategic petroleum reserves and emergency supply assurance service for corporate clients and EU member states, ensuring reliable fuel supply during shortages and supporting carbon offsetting.

Quantifiable outcome

• No serious oil spills by 'Green Card' holders since Green Bunkering procedure implemented
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• European Maritime Safety Agency (EMSA)coreStrategic or Co-development PartnerAgreement with European Maritime Safety Agency for rapid oil spill response in Nordic waters. MT Norden, one of five bunker ships, equipped with specialized oil spill recovery equipment. Vessel can be mobilized within 24 hours to assist authorities across European waters.
• Stena RecyclingcoreStrategic or Co-development PartnerSister company within Stena Metall Group that handles slops and sludge treatment. Cleans and returns waste to water cycle. Extracted oil from waste treatment repurposed as alternative fuel source sold to cement industry.
• Stena Metall GroupcoreStrategic or Co-development PartnerParent company (organization number 556138-8371) with seven business areas and operations at more than 200 locations in nine countries. 3,600 employees across the group. Part of the Stena Sphere alongside Stena Line and Stena Bulk.
• Clean Shipping IndexminorStrategic or Co-development PartnerIndependent holistic labelling system for vessels' environmental performance. Tool for differentiating port and fairway fees or choosing more sustainable shipping alternatives.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stena Oil AB