JESCO
Oil and Gas in Saudi Arabia
Overview
About Us:
In 2006, Industrialization and Energy Services Company (TAQA) decided to complement its developed business related to oil and gas industry with its new subsidiary called Jubail Energy Services Company (JESCO), for the manufacture of seamless pipes in Jubail 1 Industrial Area. The integration of seamless pipes manufacturing with its already equipped services to the oil and gas industry will provide better synergies and opportunities for Taqa as a group. From the exploration, drilling and marine facilities for the oil and gas sector to seamless pipes manufacturing, Taqa is an important contributor to the oil and gas industry upstream development.
The company is owned 51% by TAQA, 10% by Duferco Saudi Ltd, and the balance of shares is made up by other, prominent Saudi investors. Saudi Industrial Development Fund (SIDF), Public Investment Fund (PIF) and HSBC/SABB contributed to project financing.
In 2011 JESCO - when at full production capacity - will produce 400,000 metrictons per year of seamless steel pipes, and will reach a number of 700 employees.
EMPLOYEES
501-1,000 employees
FOUNDED
2006
HQ
Jubail
TYPE
Partnership
Location
- Street
- —
- City
- Jubail
- Region
- —
- Postal code
- —
- Country
- Saudi Arabia
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FAQ
What is the company name?
jesco.com.sa is the website of JESCO.
What is the industry of the company?
JESCO (jesco.com.sa) is in the Oil and Gas industry.
What products and services does the company offer?
JESCO (jesco.com.sa) lists these specialties: JESCO will be the first producer of seamless pipes in the GCC countries.
When was the company founded?
JESCO (jesco.com.sa) was founded in 2006.
How many employees does the company have?
JESCO (jesco.com.sa) has 501-1,000 employees.
What is the company type?
The company type of JESCO (jesco.com.sa) is Partnership.
Where is the company headquartered?
JESCO (jesco.com.sa) is headquartered in Jubail.
What is the address of the company?
The address of JESCO (jesco.com.sa) is Jubail, Saudi Arabia.
What are the social media accounts of the company?
The social media account of JESCO (jesco.com.sa) is LinkedIn.
Social media