Saudi Trading & Research Co., Ltd. (STARC) is a limited liability company established in Al-Khobar in 1992. The Company’s objective is to become a fully integrated oil, gas and petrochemical services company in Saudi Arabia and the Middle East. The company offers services, manufactures and sells equipment and invests in the oil and gas sectors. It achieves this by means of establishing joint ventures and agencies with prime foreign and regional contractors and suppliers in these fields. STARC has excelled in partnering with leading international manufacturers and service companies and has succeeded in placing these firms in commanding positions in their respective fields amongst leading clients in Saudi Arabia. The past decade has witnessed significant growth and accomplishments in the company both in terms of revenue and scope.
The shareholders are The Nazer Group, a Jeddah based holding company and Tarek & Ahmed Nazir. The Nazer Group’s activities include financial services (primarily insurance), the supply of medical equipment, consulting (serving the defence and security industries) and fund management (primarily private equity). The Nazer Group is chaired by Mr. Loay Nazer.
STARC acts as a holding company under which it has various JVs and representations with prime local and international companies that provide equipment and services to the oil, gas and petrochemical sectors. It aims to position its principals to become preferred vendors for its clients and strives to sign long term agreements allowing it to stock products locally for on time delivery. Finally, if feasible, it targets to service, assemble and partially or fully manufacture the products locally to ensure preferred vendor status with its main clients.
STARC has a long and well-established relationship with its key clients – Saudi Aramco, SABIC, SWCC and SEC. The Company’s head office is located in Al-Khobar with marketing support from its affiliated offices in Riyadh and Jeddah. STARC also has its own warehouse facilities which it uses to stock products prior to selling them to end users.
STARC supplies the oil, gas and petrochemical sectors with seamless pipes, valves, actuators, process technology, catalysts, drilling chemicals, metering systems, marine vessels, fibreglass pipes, gas & water analyzers, safety systems and process technology software amongst other products. It represents companies from across the world including the world’s largest manufacturer of seamless pipes – Tenaris through its joint venture Gentas.
STARC also provides downstream consulting in plant optimization, profit improvement programs, decoking services, pipeline repair services, corrosion control services, diving services and NDT services through its joint venture Indemaj.
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