Shoaibi Group identifies and invests in some of the most exciting opportunities in the oilfield industry. We invest in energy service companies with growth strategies in attractive market niches and target energy producers in the MENA region and companies targeting attractive regional markets such as the Saudi Arabia, Algeria and Bahrain.

These innovative companies offer game changing technologies and we are proud to work closely with them as they grow into successful ventures.

Company: INGRAIN
Category: Exploration
Initial Investment: June 2008

Ingrain's digital rock physics lab computes the physical properties and fluid flow characteristics of oil and gas reservoir rocks. It can provide advanced rock properties analysis for sandstones, shales, carbonates, tight gas sands and oil sands. Ingrain can even provide accurate results using samples from core repositories that have been altered by drilling fluids.
www.ingrainrocks.com

Company: Artificial Lift Company
Category: Well Optimization
Initial Investment: January 2009

Shoaibi Group is dedicated to providing drilling services and products that make well construction safer, reduce nonproductive time and enhance reservoir deliverability. Its latest investment has led Artificial Lift technology to successfully install and redeploy the world’s first 3.8” Electrical Submersible Pump (ESP) using an ALC downhole wet connect design. The ALC system is able to be deployed inside a 4.5” tubing by wireline and can produce power up to 400HP using industry conventional drives.
www.alcesp.com

Company: Fotech Solutions
Category: Production Monitoring
Initial Investment: June 2008

A World Leader in Fibre Optic Distributed Monitoring
Fotech provides distributed acoustic data to the energy and security sectors. Based in the UK, USA and Canada, the venture-capital-funded company brings together talents from the energy sector, academic research and information technology. With decades of expertise within these core industries, Fotech has managed to clearly identify primary markets for acoustic fibre technology and deliver a solution, known simply as Helios, for perimeter/pipeline security and oil & gas production monitoring.
www.fotechsolutions.com

Company: Flotech Ltd.
Category: Completions
Initial Investment: August 2007
Exited Date: October 2009

Flotech Limited is an advanced completion company with proprietary technologies. It provides complete Advanced Completion Solution including Passive Inflow Control devices, Mechanical & Sweallable Packers and Reservoir Monitoring to enhance recovery and improve reservoir management. Flotech was acquired from Shoaibi Group by Tendeka in November 2009. Fotech complements the existing Tendeka family technologies which combine digital monitoring solutions provider, Sensornet, swellable elastomers experts, Swellfix, and wireless well communication and downhole instrumentation specialists, Well Technology. The company's aim is to consolidate specialist solutions for increased efficiency in well completions and production. The Flotech acquisition by Tendeka represents the next step in the strategy of providing customers with enhanced integrated production optimization solutions.
www.flotechltd.com
www.tendeka.com