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Olayan Saudi Holding Company

Companies by Core Sector

Today OSHCO operates in five economically attractive sectors: Food & Beverage, Restaurants, Health & Personal Care, Business to Business, and Energy Services. Each sector is led by experts within the field and the portfolio in total is comprised of over 20 operating companies.

National Energy Services Reunited Corporation (NESR)

NESR is one of the largest oilfield services providers in the MENA region. NESR started as a special purpose acquisition corporation designed to invest in the oilfield services space in May 2017. By November 2017, NESR announced the acquisition of two of the most prominent oilfield services companies in the MENA region: Gulf Energy SAOC (GES) and National Petroleum Services (NPS). The formation of NESR as an operating entity was officially completed in June 2018.

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Olayan Descon Industrial Company Ltd. (ODICO) / Olayan Descon Engineering Company Ltd. (ODECO)

Established in 1981 in the Industrial City of Jubail as a strategic joint venture with Descon Engineering Ltd., a leading Pakistani based Engineering, Procurement and Construction (EPC) company. Today, the enterprise known as “Descon” is comprised of Olayan Descon Industrial Company Ltd. (ODICO) and Olayan Descon Engineering Company (ODECO).

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Olayan Energy Limited (OEL)

Olayan Energy Limited (OEL) is a major player in the “power rental” segment of the Saudi market. They provide an inclusive service for all power related requirements and operate multiple long term power solutions for various projects and locations throughout the country. OEL uses pre-integrated generator sets, high quality transformers and switchgears.

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Weir Arabian Metals Company (WEIR)

Weir Arabian Metals Company (WEIR) is an engineering and general machining company that is located in the Dammam Second Industrial City. It is a joint venture between AMCO and Weir Group PLC, based out of the UK, with over 125 years of experience in rotating equipment and Advance Parts Solutions. AMCO was the name of the company that was founded in 1977 primarily to serve the oil field industry in the eastern region of Saudi Arabia. Today, the Joint Venture operates two adjacent sites with a combined area of 35,000 square meters and is commonly refer to as AMCO-WEIR.

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