March 29, 2017 9:27 PM ET

Capital Markets

Company Overview of Saudi Aramco Energy Ventures LLC

Company Overview

Saudi Aramco Energy Ventures LLC is the investment arm of Saudi Arabian Oil Company specializing in direct and fund of fund investments. Within direct investments, the firm makes venture capital investments in the prototype to early expansion stages, and in seed to growth venture capital stages including startups and early stage. Within fund of fund investments, it invests in venture capital funds. The firm seeks to invest in technologies from all disciplines applicable in the following industry sectors: upstream oil and gas; downstream oil and gas; petrochemicals; energy efficiency; water; renewables technology with application in the Saudi Arabian market. Within upstream oil and gas, the f...

9th Floor Al-Midra Tower

Dhahran,  31311

Saudi Arabia

Founded in 2012

Phone:

966 13 872 0115

Fax:

966 13 873 8190

Key Executives for Saudi Aramco Energy Ventures LLC

Chief Executive Officer
Managing Director and General Manager of North American Operations
Head of Portfolio Management
Investment Director
Investment Director
Compensation as of Fiscal Year 2016.

Saudi Aramco Energy Ventures LLC Key Developments

Saudi Aramco Energy Ventures LLC Presents at CERAWeek 2017, Mar-06-2017 03:45 PM

Saudi Aramco Energy Ventures LLC Presents at CERAWeek 2017, Mar-06-2017 03:45 PM. Venue: Hilton Americas, Houston, Texas, United States. Speakers: Cory Steffek, Managing Director and General Manager of North American Operations.

Saudi Aramco Energy Ventures Presents at 14th Annual Energy & Clean Technology Venture Forum, Sep-15-2016 04:15 PM

Saudi Aramco Energy Ventures Presents at 14th Annual Energy & Clean Technology Venture Forum, Sep-15-2016 04:15 PM. Venue: McNair Hall, Jones Graduate School of Business, Rice University, Houston, Texas, United States. Speakers: Johanna Schmidtke.

LyondellBasell Industries Reportedly In Talks To Sale Refinery In Houston

LyondellBasell Industries N.V. (NYSE:LYB) has retained Bank of America Merrill Lynch to help with the potential sale of its 263,776 barrel-per-day refinery in Houston, according to two people familiar with the talks. The move to retain the bank comes after the Dutch chemical company fielded inquiries from at least four possible suitors, the sources said. The process is expected to start in earnest after the U.S. Labor Day holiday in early September, one of the two sources said. The persons requested anonymity because they are not authorized to discuss the talks. Lyondell has sent an email to employees that the refinery is for sale, according to sources that have seen the email. Valero Energy Corporation (NYSE:VLO), Saudi Aramco Energy Ventures, Cenovus Energy Inc. (TSX:CVE) and Suncor Energy Inc. (TSX:SU) are among the companies that have expressed interest in the refinery, the sources said. Representatives from Saudi Aramco were seen touring the facility earlier 2016, two Gulf Coast sources told Reuters. A LyondellBasell Industries spokeswoman said, "We believe that in the longer term, the refinery may be more valuable as part of a larger refining system. We are exploring all options. However, no decisions have been made." She declined to elaborate. Suncor declined to comment, saying it does not respond to rumors or speculations. Saudi Aramco, Valero and Cenovus did not immediately respond to requests for comment.

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