Jubail Energy Services Company (JESCO) was established with state-of-the-art manufacturing facility to produce Carbon Steel Seamless Pipe products.
The Company was sponsored and developed through initiatives from the Industrialization and Energy Services Company (TAQA), which owns 72.16% of JESCO’s paid-in capital of the SR. 970 millions ($ 258.6M). The balance of JESCO’s capital is owned by other prominent business houses in the Kingdom of Saudi Arabia as well as Duferco Saudi Ltd., a subsidiary of a global leader in the metals trading sector. TAQA itself is a joint stock company partially owned by public institutions like (Public Investment Fund and General Organization of Social Insurance) in addition to a number of Saudi Arabian joint stock companies, and prominent individual investors.
The FQM manufacturing and control process is based on equipment designed and manufactured by Danieli & C. Officine Meccaniche SpA of Italy.
To provide the best quality products & services to our customers at competitive conditions, create value for our shareholders, transfer technology and create employment opportunities while remaining committed to quality, safety, social responsibility and environmental protection
To be the leading manufacturer of high-quality seamless pipes