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Ergil and Al Joaib launch a Joint Venture in Saudi Arabia

Ergil Group, a worldwide leader in engineering and construction of oil, gas, water, chemical and petrochemical storage tank facilities; and manufacturer of storage tank, pipeline and corrosion control equipment, is pleased to announce that Ergil and Aljoaib Holding have agreed to sign a JV agreement between Ergil Group and “Engineering Services and Development Center” (ESD), subsidiary of Al Joaib Holding, in the Kingdom of Saudi Arabia (KSA).

Aljoaib Holding is deeply rooted in the KSA business community with a well-established track record in the Holding’s diversified scope of business. The areas of business interest for Aljoaib Holding are: Oil and Gas, Healthcare, Project Management, Fabrication, Water Treatment Environmental Services, Electro-Mechanical Components, Agriculture and Irrigation Systems, as well as QC, Geotechnical and Engineering Consultancy Services.

This agreement paves the way to the launch and development of cooperation between the two groups in the areas of engineering, manufacturing and operations in KSA. The signing of the agreement is another step for Ergil to enhance its presence in the oil and gas industry of the Middle East. Through the JV with ESD, Ergil aims to strengthen its position in the Saudi Market, which Ergil sees as a unique market for the oil and gas industry.

ESD is a registered Saudi Company, which was established in 1993 as an engineering arm to Aljoaib Holding to focus on the development of various engineering systems and the supply of industrial control and monitoring instruments. ESD is specialized in building engineering systems by integrating various electro-mechanical components to constitute new special-purpose built engineering systems.

Dr. Abdulla Ali Aljoaib, the Chairman and CEO of ESD, believes that the signing of the Joint Venture Agreement with Ergil will enhance the competitiveness of both partners and strongly reestablish their respective positions in the Oil and Gas sector of Saudi Arabia, as well as other related sectors. “The launch of this partnership with a high caliber Turkish Group, like Ergil, and the integration of Ergil’s know-how and expertise, and Aljoaib’s long established, reputable track record will lead to a solid merger, which in return should put us in better position to serve our local clients, such as Aramco and Sabic, with better performance and competitive value on all fronts.” said Dr. Aljoaib.


Riza Altunergil, the International Business Manager, comments: “I believe that signing a partnership with ESD and its parent company, Aljoaib Holding, is major step forward for Ergil in the KSA market as an active player in the energy sector throughout the Middle East. Partnering with a local player like Aljoaib will also improve our pre-sale and post-sale customer support and responsiveness in Saudi Arabia. In the long-term, Aljoaib & Ergil JV will focus on local manufacturing and fabrication, which will certainly provide us core advantages. “

About Aljoaib Holding

Aljoaib Holding is a deeply-rooted company in the Saudi Arabian business community with a well established local and international track record within its field of expertise. Aljoaib business started with “Aljoaib Contracting Company” in 1964, with a modest start and grew to become one of the largest locally owned Oil and Gas pipeline Construction Companies within the Middle East region.

Aljoaib business kept on growing and expanding into various fields, leading to the establishment of several wholly owned companies and several other joint venture companies with well reputed international partners. ESD, the engineering arm of Aljoaib, is one of the many strong business units of Aljoaib Holding.

Aljoaib’s scope of business includes: Oil and Gas, Healthcare, Project Management, Fabrication, Water Treatment and Environmental Services, Electro-Mechanical Components, Agriculture and Irrigation Systems, as well as QC, Geotechnical and Engineering Consultancy Services.

The Holding’s headquarters is in Dammam, Saudi Arabia, with other branch and regional offices throughout the Kingdom of Saudi Arabia, as well as in Dubai and USA.

About Ergil Group

Ergil Group International is one of the Middle East's largest providers of products and services to the oil and gas industries. Since 1982, The Company adds value through the entire lifecycle of oil and gas reservoirs and provides and integrates products and services.

ERGIL GROUP COMPANIES construct all kind of oil or liquid storage tanks and manufacture their accessories. Company has already involved this kind several oil storage tank projects in Turkey and Middle East before.

Ergil Group Companies includes, but not limited to storage tank equipment, such as flame arresters, breather valves, gauge hatches, floating roofs, and absorption branches, but also provides many other products for energy industry, pig receiver and launchers, heat exchangers, silencers, fire extinguishing systems, cathodic protection service and products are only some of them.

ERGIL GROUP Companies has developed an excellent reputation internationally in the industry because of our total commitment to quality in every aspect of the business. Beginning with raw materials through process production and delivery, ERGIL GROUP has always insisted on the highest possible quality associated with the product lines.

Today, our well educated and experienced employees service the needs of Ergil's global customer base markets. In addition to its headquarters in Istanbul, TURKEY, Ergil has direct sales offices in UAE and Germany.

Ergil is certified EN ISO 9001: 2000, a model for quality assurance for companies involved in the design, development, manufacturing, installation, and servicing of products.

Web site: www.ergilgroup.com
E-mail: info@ergilgroup.com
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