The first private Petroleum & Mining company ever founded in the rich Arabian Gulf region. PETROLEC takes pride in the fact that it is the only 100% private owned oil company in Saudi Arabia and the neighboring Gulf States.
PETROLEC was issued the first license to fully operate in the area of Oil and Gas and Mining industries and all petroleum related downstream services.
PETROLEC is offering a complete package by developing oil, gas and mining industries from upstream exploration and production to downstream refining, sales and marketing.
The commercial feasibility study has shown the need to establish such company and involving the private sector in the industry as a strategic player in the country.
Petrolec is going into competitions for petroleum projects in Saudi Arabia and the Gulf States.
Petrolec would welcome joint venture projects with a prospective partners in the petroleum industry, inside or outside the Kingdom of Saudi Arabia.
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