Energy Magazine February 2016 | Page 59

MIDDLE EAST
JESCO has : “ Thirty percent of oil production in the world is in the Middle East . We are not like the other producers of seamless pipes that are stationed in Europe , the Americas and China .” Aramco is one of JESCO ’ s major clients and partners ; it provides gas used on site in Jubail and 50 percent of JESCO ’ s sales are to the local market - mostly to Aramco . The remaining half of sales is to near markets and to the US market .
JESCO produces seamless pipes for all the main national oil companies such as Abu Dhabi Company for Onshore Petroleum Operations ( ADCO ) and Petroleum Development Oman ( PDO ). Along with this , JESCO supplies various distributors and stock holders , including many important distributors of OCTG in the United States .

SAR

1.2bn

The amount of revenue generated by JESCO

www . jesco . com . sa 59