About Us


Saudi Aramco Energy Ventures is the corporate venturing subsidiary of Saudi Aramco, the Saudi Arabian national oil company.


Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, is the world’s leading fully integrated, global petroleum and chemicals enterprise.


The Kingdom of Saudi Arabia is the largest economy in the MENA region, and 19th largest in the world.

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Strategy

Approach

Our mission is to invest globally in early-stage and high-growth companies with technological advancements of strategic importance to Saudi Aramco, to accelerate their development and deployment in the Kingdom.

Criteria

We perform a 360° assessment of investment opportunities. Factors we consider include: Fit with Saudi Aramco technical needs, or with broader technology needs of the Kingdom of Saudi Arabia.

Target Sectors

We invest in technologies in upstream and downstream oil & gas, petrochemicals, water, energy efficiency and renewable with application in the Saudi Arabian market.

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News

  • ALGARD, Norway March 18, 2015: Target Intervention AS, a Norwegian well technology company developing specialized downhole tool solutions for the oil & gas industry announces an equity investment from Saudi Aramco Energy Ventures LLC (SAEV) Based in Ålgård, near Stavanger, Norway; Target Intervention is developing the next generation intelligent coiled tubing tool solutions to increase overall recovery and productivity from oil & gas wells. Target’s technology uses fully electric operated components that provide the ability to complete complex intervention operations faster and more effectively while monitoring well parameters and tool performance in real-time at surface. Target’s tools have application in […]

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  • Dhahran, Saudi Arabia and Aberdeen, UK – 02 Feb 2015; Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Aramco, today announced the closing of an investment in Paradigm Drilling Services Limited. SAEV joins Buckthorn Partners as investors in the company. Established in 2009 Paradigm designs, manufactures, sells and rents a number of new generation drilling and intervention technologies, used both in the conventional and unconventional oil and gas sector. The company offers a wide range of products and services and supports a global customer base through its current commercial product range. Paradigm has a number of new tools in […]

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  • Sept 17th 2014 – Wearable Intelligence CEO, Yan-David Erlich, appears on Fox Business News’ ‘Opening Bell’, discussing wearable computing in Energy and Healthcare. Video link Watch the latest video at video.foxbusiness.com  

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  • Dhahran, Saudi Arabia, September 17, 2014: Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Aramco, today announced the closing of a Series A investment in Wearable Intelligence Inc. SAEV joins Lightspeed Ventures, Schlumberger Technology Corporation, Google Ventures, Andreessen Horowitz, Kleiner Perkins and others as investors in the company. Wearable Intelligence is developing enterprise applications for emerging wearable computing platforms such as Google Glass, focusing on energy, manufacturing and healthcare verticals. Cory Steffek, Managing Director of Saudi Aramco Energy Ventures – U.S., commented: “We see tremendous potential for wearable devices in the enterprise, and particularly in the energy […]

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Global Presence

  • *Aramco Asia Korea

  • *Aramco Asia Japan K.K

Contact Us

  • Saudi Aramco Energy Ventures LLC - Global Offices

    • Saudi Arabia

      9/F Al-Midra Tower
      Dhahran 31311
      Kingdom of Saudi Arabia

      Direction map

    • North America

      9009 West Loop South
      Houston,
      TX 77096-1799
      USA

      Direction map

    • Europe

      • Aberdeen Office:

        Abercrombie Court
        Arnhall Business Park
        Westhill, AB32 6FE
        Aberdeenshire, UK
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      • Norway Office:

        Stortingsgaten 22
        3rd floor, 0161
        Oslo
        Norway
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    • Asia

      • Aramco Asia Japan K.K

        Marunouchi Building 26F
        2-4-1, Marounouchi
        Chiyoda-ku
        Tokyo 100-6326 Direction map

      • Aramco Asia Korea

        18F, Seoul Finance Center
        136 Sejong-dae
        Jung-gu
        Seoul 100-768 Direction map

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