Details

Industries

Venture Capital

Founded date

Apr 1, 2012

Number Of Employee

11 - 50

Operating Status

Active

Investor Type

CVC

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia), SAEV also operates through regional offices in North America and Europe.

SAEV's Objectives are:

- Enhance reserve identification, management and production
- Increase energy production
- Improve operational efficiency
- Increase value in downstream processes
- Optimize energy & water consumption in Saudi Arabia

SAEV's investment Focus Areas are:

- Upstream Oil & Gas
- Downstream & Petrochemicals
- Sustainability
- Digitalization and IR4.0
- New Drivers of Hydrocarbon Demand