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.
View Top Employees from JESCOWebsite | http://www.jesco.com.sa |
Revenue | $379.5 million |
Employees | 643 (448 on RocketReach) |
Founded | 2006 |
Phone | (908) 753-8080 |
Fax | (908) 821-1413 |
Industry | Oil and Gas, Rental - Other - Furniture, A/V, Construction & Industrial Equipment, JESCO will be the first producer of seamless pipes in the GCC co, Retail |
Keywords | Oil And Gas Industry, Seamless Pipes, Energy |
Competitors | Construction Edge, Middletown Tractor Sales, P&K Equipment, Tracey Road Equipment, Inc., TriGreen Equipment |
SIC | SIC Code 73 Companies, SIC Code 35 Companies |
NAICS | NAICS Code 532490 Companies, NAICS Code 53 Companies, NAICS Code 532 Companies, NAICS Code 53249 Companies, NAICS Code 53241 Companies, NAICS Code 5324 Companies |
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The JESCO annual revenue was $379.5 million in 2024.
Zeyad Al Barrak is the CEO of JESCO.
448 people are employed at JESCO.
The NAICS codes for JESCO are [532490, 53, 532, 53249, 53241, 5324].
The SIC codes for JESCO are [73, 35].