Petra Oil

What Petra Oil does

Petra Oil (legal entity: Petra Oil DMCC) is a privately-held, Dubai-headquartered manufacturer and supplier of bitumen and related infrastructure materials, with regional operating subsidiaries in Accra, Ghana (Petra Oil Ghana Ltd.) and Lae, Papua New Guinea (Petra Oil PNG Ltd.). The company sells more than 80 bitumen product variants organized under multiple international standard regimes — Penetration Grade (EN and ASTM), Viscosity Grade (Indian IS 73, AC, AR), Australian (C170–C600), Chinese (AH50–AH130), Performance Grade (PG70/76/82 Superpave series), Cut Back (RC/MC/SC), Cationic and Anionic Emulsions, Oxidized grades, and Polymer Modified Bitumen (PMB, plastomeric, elastomeric, crumb rubber modified) — alongside complementary products such as coir geotextile, cold patch mixtures, waterproofing membranes, and bituminous coatings (primer, mastic, enamel). Supply is delivered in four packaging formats (Jumbo Bags, Drums, Bitutainers, Bitubox) sourced from a network that includes Saudi Aramco, ENOC, and Bapco.

The company operates a direct B2B go-to-market targeting government road authorities, construction firms, and infrastructure developers, with a stated active or addressable market across 30+ countries in the Middle East, Asia, Africa, and Oceania. Revenue is generated through one-time transaction-based sales priced via custom quote (no public list price), with sales handled by phone (+971 564 014 381) and email ([email protected]). The company describes its offering as a "one-stop partner" spanning production, storage, transportation, supply, and application solutions.

The firm is led by founder Buhari Alim; no broader management team is disclosed in the source. The firmographic profile states 10,000+ employees but the structured headcount record is empty, suggesting the figure is a marketing estimate that may include downstream contractors or affiliated workers rather than verifiable FTE staff. No revenue, funding history, patents, certifications, regulatory actions, or AI/ML capabilities are disclosed.

Name

Petra Oil

Legal name

Petra Oil DMCC

Website

https://petraoil.com

Company type

Private

Operating status

Operating

Headcount range

10,001+ employees

Short description

Petra Oil (DMCC) is a Dubai-based bitumen manufacturer and supplier selling 80+ bitumen grades and related infrastructure materials to government road authorities, construction firms, and infrastructure developers across 30+ countries in the Middle East, Asia, Africa, and Oceania via direct B2B sales.

Ownership category

akta.pro rank

Product category

Bitumen Manufacturing

NAICS

Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412), Paint and Coating Manufacturing (325510)

SIC

Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Adhesives & Sealants (2891)

akta.pro primary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

akta.pro secondary industries

Asphalt Emulsions (Cationic/Anionic, CRS/SS, Specialty Emulsions) (EUALAKAB), Cutback Asphalt & Flux Oils (Rapid/Medium/Slow-Curing) (EUALAKAC), Oxidized/Blown Bitumen (Industrial Grades) (EUALAKAE), Industrial & Waterproofing Bitumen Products (Roofing, Membranes, Shingles, Sealants) (EUALAKAF), Asphalt Additives & Performance Enhancers (Anti-strip, Warm-mix, Fibers, Rejuvenators) (EUALAKAH), Bitumen Logistics & Terminals (Bulk Storage, Heating, Packaging, ISO Tanks) (EUALAKAI)

Keywords

• Bitumen manufacturing
• Road construction materials
• Asphalt products
• Polymer modified bitumen
• Bitumen emulsions

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Bitumen Product Sales: One-time transaction-based sales of bitumen products in various forms (bulk, drums, jumbo bags, bitutainers) to construction and infrastructure companies worldwide.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Petra Oil (Petra Oil DMCC), headquartered in Dubai, UAE, manufactures and globally exports bitumen and bituminous construction materials. Its portfolio spans penetration grade bitumen (EN and ASTM standards), viscosity grade bitumen (Indian, AC and AR standards), Australian standard bitumen, cut back bitumen, oxidized bitumen, performance grade bitumen, polymer modified bitumen, Chinese grade bitumen, bitumen emulsions (cationic and anionic), bituminous coatings (primer, mastic, enamel), coir geotextile, wet fix/megamine, cold patch mixture, and waterproof membranes, supplied in jumbo bags, drums, bitutainers, and bitubox packaging to 29+ countries across Asia and Africa.

Product overview

Petra Oil is a global bitumen manufacturer and supplier offering a comprehensive portfolio of bitumen products organized into a unified supply solution. The core offering consists of multiple bitumen product lines: Penetration Grade Bitumen (available in EN and ASTM standards), Viscosity Grade Bitumen (Indian, AC, and AR standards), Australian Standards Bitumen, Performance Grades (PG70/76/82 series), and Oxidized Bitumen. Supporting product lines include Cut Back Bitumen (Rapid, Medium, and Slow curing variants), Bitumen Emulsion (Cationic and Anionic formulations), Polymer Modified Bitumen (standard PMB, plastomeric, and elastomeric grades), and Crumb Rubber Modified Binders. The portfolio extends to specialized applications including Coir Geotextile, Wet Fix/Megamine adhesion agents, Cold Patch Mixture for repairs, Waterproof Membrane for roofing, Bituminous Coating products (Primer, Mastic, Enamel), and Chinese Grade Bitumen. All products are supported by multiple packaging options (Jumbo Bags, Drums, Bitutainers, Bitubox) and the company's integrated supply chain covering production, storage, transportation, and application solution services delivered through their global presence in UAE, Papua New Guinea, and Ghana.

Differentiator

Problem solved

Functional benefit

Products and services

• Penetration Grade Bitumen (EN Standard)

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Saudi AramcocoreStrategic or Co-development PartnerMajor oil company partnership for sourcing bitumen products. Saudi Aramco is a primary supplier source for Petra Oil's bitumen supply operations.
• ENOC (Emirates National Oil Company)coreStrategic or Co-development PartnerUAE-based national oil company providing bitumen sourcing capabilities within the Middle East region.
• Bapco (Bahrain Petroleum Company)coreStrategic or Co-development PartnerBahrain's national oil company partnership for bitumen supply in the Gulf region.
• Australian AidminorStrategic or Co-development PartnerAustralia's development assistance program supporting projects in Papua New Guinea and Pacific region.
• Department of Works - Papua New GuineacoreStrategic or Co-development PartnerGovernment department partnership for infrastructure development projects in Papua New Guinea.
• Kenya Urban Roads Authority (KURA)coreStrategic or Co-development PartnerGovernment authority partnership for urban road infrastructure development in Kenya.
• Ministry of Works - GhanacoreStrategic or Co-development PartnerGovernment ministry partnership for road construction and infrastructure projects in Ghana.
• Kerra (Kenya Roads Authority)coreStrategic or Co-development PartnerKenya Road Authority partnership for road infrastructure projects.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• NuStar Energy: Specialized asphalt terminaling and distribution operator with global terminals and a focus on marine and paving-grade asphalt. Comparable logistics-and-distribution model rather than upstream production.
• Indian Oil Corporation (Bitumen Division): India's largest bitumen producer (VG grades) supplying domestic and export markets across South/Southeast Asia and Africa. Comparable product portfolio (especially Indian IS-73 viscosity grades) and overlapping geographic reach with Petra.
• Tipco Asphalt: Thai-based asphalt and bitumen manufacturer trading and distributing penetration-grade bitumen, modified bitumen, and emulsions across Asia. Closest size-and-geography comparable to Petra, with similar export-led distribution model focused on emerging Asia and Africa.
• IKO Industries: Manufacturer of modified bitumen roofing membranes, waterproofing systems, and bituminous coatings. Comparable in the waterproofing/membrane product line that Petra supplies into roofing and construction applications.
• Colas Group: Bouygues subsidiary that produces bitumen emulsions, cutbacks, and modified binders, and operates road-construction services globally. Comparable because it manufactures and supplies the same upstream bitumen products Petra offers while also serving government road authorities.

Broad incumbents

• Reliance Industries (Bitumen): Indian refining major with substantial bitumen output from its Jamnagar complex, exporting globally. Comparable as a large-scale bitumen producer sourcing from proprietary refining — a structural contrast to Petra's trading model.
• Marathon Petroleum: US refiner producing asphalt and bitumen for paving and roofing applications. Comparable in core manufacturing/refining capability but operates at much larger scale and primarily in North America; could enter emerging markets where Petra operates.
• Shell Bitumen: One of the world's largest bitumen producers and traders, part of Shell's downstream portfolio. Comparable because it produces and globally distributes penetration grade, PMB, and emulsion bitumen to road authorities and infrastructure developers, directly competing with Petra in Africa and Asia.
• Repsol (Bitumen): Integrated energy company producing and selling bitumen for road construction and roofing in Europe, Latin America, and selected emerging markets. Comparable as a global bitumen supplier with refinery-integrated supply.
• TotalEnergies Bitumen: Global integrated oil major with a substantial bitumen business offering penetration grades, emulsions, PMBs, and warm-mix additives. Directly comparable product portfolio, with significant distribution in Africa and the Middle East overlapping Petra's footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/petra_oil
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/petra-oil-papua-new-guinea

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Petra Oil