Saudi Aramco

Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia, established in 1933 and headquartered in Dhahran. It is the largest oil producer and exporter in the world, leading in both crude oil and natural gas liquids exports. Additionally, Saudi Aramco is a significant player in natural gas production and is expanding its operations into the downstream sector, focusing on chemical production. With its extensive resources and infrastructure, the company plays a crucial role in the global energy market.

Past deals in Oil and Gas

Primax

Acquisition in 2025
Primax is an oil and gas company.

Petro Rabigh

Acquisition in 2024
Petro Rabigh engages in the development, construction, and operation of an integrated refining and petrochemical complex. Petro Rabigh was founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical. The plant is valued at about US $10 billion (25% funded by the public and the remainder equally funded by Saudi Aramco and Sumitomo Chemical) and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives. Petro Rbigh products are used in such end products as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes and many other applications. Petro Rabigh II is an expansion project valued at US $9 billion that reached full production by 4th Quarter 2017 and provided a wide range of new high value-added products, some of which are exclusive to the Kingdom of Saudi Arabia and the Middle East. Petro Rabigh products have a vast range of applications that offer innovative downstream investors the chance to establish new industries in the region, bringing with them new skills and job opportunities. Petro Rabigh also offers many exciting investment opportunities through Petro Rabigh industrial complex (Rabigh PlusTech Park) which is the first private Industrial Park for conversion industries in Saudi Arabia, and is designed to accommodate polymer compounding Third Party Projects. It is a site next to Petro Rabigh where downstream industries utilize Petro Rabigh products as feedstock to produce chemical compounds such as polyols, polymer stabilizers, xylenes and solvents. The Rabigh Plastic Technical Center (R-PTC), a state-of-the-art facility run by Sumitomo Chemical, provides technical support and training in plastic processing technology. As such, Petro Rabigh is at the hub of an upsurge in economic and technological development in line with Saudi Arabia's Vision 2030 to create a vibrant society, a thriving economy and an ambitious nation.

Cognite

Secondary Market in 2022
Cognite is a global industrial AI Software-as-a-Service company that facilitates the digital transformation of heavy-asset industries such as oil and gas, shipping, manufacturing, and power and utilities. Founded in January 2017, the company has developed Cognite Data Fusion, a platform that enables the contextualization of operational and IT data. This facilitates the creation of industrial applications aimed at enhancing safety, sustainability, and efficiency in operations. Cognite's platform allows users, ranging from field engineers to data scientists, to access and leverage industrial data effectively, driving value and innovation within their organizations. With a workforce exceeding 400 professionals, including software developers, data scientists, and industry experts, Cognite operates offices in Norway, the United States, and Japan.

Arabian Robotics

Venture Round in 2021
Arabian Robotics specializes in designing and developing advanced robotics technologies for industrial applications, particularly in the oil, gas, and petrochemical sectors. The company offers competitive robotic inspection and non-destructive testing services, including ultrasonic thickness testing, pipe, tank, and vessel inspections. Through collaboration with key international partners, Arabian Robotics focuses on the continuous development of effective technologies that ensure reliable and affordable inspection solutions for its clients.

Hyundai Oilbank

Secondary Market in 2019
Hyundai Oilbank Co., Ltd. is a prominent South Korean company engaged in the production and sale of a wide range of petroleum and petrochemical products. Founded in 1964 and headquartered in Seosan, the company produces gasoline, kerosene, jet fuel, fuel oil, naphtha, low sulfur diesel, and liquefied petroleum gas. Additionally, it manufactures petrochemical products including benzene, toluene, p-xylene, propylene, and mixed xylene. Hyundai Oilbank also offers asphalt, lube base oil, lubricants, and carbon black products. The company is involved in petroleum trading, oil storage, and crude refining, and operates approximately 2,348 gas stations under the Oilbank brand. Its products are distributed through various channels, including gas stations, agencies, and retail outlets. Hyundai Oilbank, formerly known as Hyundai Oil Refinery Co., Ltd., emphasizes its commitment to social responsibility and aims to contribute to the national economy and development while serving the interests of its stakeholders. It is a subsidiary of Hyundai Heavy Industries Holdings Co., Ltd.

Arabian Robotics

Seed Round in 2017
Arabian Robotics specializes in designing and developing advanced robotics technologies for industrial applications, particularly in the oil, gas, and petrochemical sectors. The company offers competitive robotic inspection and non-destructive testing services, including ultrasonic thickness testing, pipe, tank, and vessel inspections. Through collaboration with key international partners, Arabian Robotics focuses on the continuous development of effective technologies that ensure reliable and affordable inspection solutions for its clients.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.