Shoaibi Group

Shoaibi Group is a diversified private investment firm headquartered in Al Khobar, Saudi Arabia. The firm operates across various sectors, including oil and gas, petrochemicals, construction, telecommunications, power and water, information technology, manufacturing, services, product distribution, renewable energy, property development, sports and training academies, contracting, and power generation. Through its international partners, joint ventures, and subsidiaries, the group has expanded its operations and investments across the Middle East, North Africa, Europe, and North America. Shoaibi Group is dedicated to investing in research and technology that offer proven applications for all phases of oil and gas developments. The firm has a history of forming joint ventures and partnerships with major foreign companies, such as France’s Technip and the US’ J Ray McDermott, to support the entry and development of these ventures into the Saudi Arabian market. Support services provided by Shoaibi Group include marketing, technical sales, business development, legal, financial, government relations, logistics, and IT. The group has regional offices in Algeria, Bahrain, Egypt, and the UAE, and through its joint venture partners, it operates facilities across the region. Consolidated revenue for the group in 2009 was about $500 million, representing significant growth over the past five years. Recent successes include a $155 million contract awarded by Algeria’s state-owned oil company Sonatrach in 2009 for the supply of oilfield technology equipment. In 2010, partners Technip and J Ray McDermott were awarded projects by Saudi Aramco, including the Jubail Export Refinery packages and the Safaniyah field project. Shoaibi Group continues to invest aggressively in developing its business and expanding its operations across various sectors and regions.

Shoaibi Group's investment strategy focuses on sectors such as oil and gas, petrochemicals, construction, telecommunications, power and water, information technology, manufacturing, services, product distribution, renewable energy, property development, sports and training academies, contracting, and power generation. The firm has a history of forming joint ventures and partnerships with major foreign companies to support the entry and development of these ventures into the Saudi Arabian market. Support services provided by Shoaibi Group include marketing, technical sales, business development, legal, financial, government relations, logistics, and IT. The group has regional offices in Algeria, Bahrain, Egypt, and the UAE, and through its joint venture partners, it operates facilities across the region. Consolidated revenue for the group in 2009 was about $500 million, representing significant growth over the past five years. Recent successes include a $155 million contract awarded by Algeria’s state-owned oil company Sonatrach in 2009 for the supply of oilfield technology equipment. In 2010, partners Technip and J Ray McDermott were awarded projects by Saudi Aramco, including the Jubail Export Refinery packages and the Safaniyah field project. Shoaibi Group continues to invest aggressively in developing its business and expanding its operations across various sectors and regions.

Shoaibi Group's investment strategy focuses on sectors such as oil and gas, petrochemicals, construction, telecommunications, power and water, information technology, manufacturing, services, product distribution, renewable energy, property development, sports and training academies, contracting, and power generation. The firm has a history of forming joint ventures and partnerships with major foreign companies to support the entry and development of these ventures into the Saudi Arabian market. Support services provided by Shoaibi Group include marketing, technical sales, business development, legal, financial, government relations, logistics, and IT. The group has regional offices in Algeria, Bahrain, Egypt, and the UAE, and through its joint venture partners, it operates facilities across the region. Consolidated revenue for the group in 2009 was about $500 million, representing significant growth over the past five years. Recent successes include a $155 million contract awarded by Algeria’s state-owned oil company Sonatrach in 2009 for the supply of oilfield technology equipment. In 2010, partners Technip and J Ray McDermott were awarded projects by Saudi Aramco, including the Jubail Export Refinery packages and the Safaniyah field project. Shoaibi Group continues to invest aggressively in developing its business and expanding its operations across various sectors and regions.