Falih, President and CEO, Saudi Aramco said: “Saudi Aramco Energy Ventures represents a significant step forward in our corporate transformation to become the world's leading integrated energy company with innovation as a key attribute. As we continue to address long-term energy challenges, SAEV will help us more effectively engage with the global community of innovators and entrepreneurs who are increasingly important enablers of growth and value in our industry through the development of leading-edge technologies," he added. Saudi Aramco Energy Ventures LLC (SAEV) is the corporate venturing subsidiary of Saudi Arabian Oil Company (Saudi Aramco), the world's leading integrated energy company. The mission of the Dhahran-based SAEV with offices in North America and Europe, is to invest globally in start-up and high growth companies with technologies of strategic importance to its parent, Saudi Aramco.
