Arab Petroleum Investments Corporation (APICORP)

Société arabe d'investissements pétroliers

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23 Nov 1975, Khobar (Saudi Arabia), as a joint undertaking of member states of Organization of Arab Petroleum Exporting Countries (OAPEC). Operations commenced officially in 1976.


Finance projects in petroleum and related industries with priority to Arab joint ventures.

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Operations concentrate on: Arab oil trade finance; gas liquefaction; petrochemicals; oil refining; pipelines; tankers; fertilizers; drilling; detergents and synthetic rubber; catalysts; synthetic fibres; pesticides; paints and plastics. Major subsidiary: Arab Company for Detergent Chemicals (ARADET). Also a shareholding company in: Arab Drilling and Workover Company (ADWOC); Arab Engineered Systems and Controls Company, Bahrain (ABB ARESCON EC); Arab Geophysical Exploration Services Company (AGESCO); Bahrain National Gas Company (BANAGAS); Paktank Méditerranée (PAKMED), Tunisia; Saudi European Petrochemical Company, Saudi Arabia (IBN ZAHR).


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Relations with Inter-Governmental Organizations

Relations with 1 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Information Services

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Members in 10 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Resources
    • Petroleum
  • Commerce
    • Investment
    • Business Enterprises

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production



Last News Received

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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