Realizing the vast potential of oil and gas industry in the Kingdom of Saudi Arabia, AL-BASSAM group along with Eurotechnology International LTD started a small manufacturing facility for precision machining of products to cater to the oil and gas industry under the name of Eurotechnology Saudi Co. Ltd. (ESACO) in the year 2002. This company started growing with the huge energy global demand that drives Saudi Aramco expanding their Exploration/Drilling Operation as well to supply the world with the required Energy from both Oil and Gas commodities. As a result of this expansion, Eurotechnology moved dynamically to broaden their services to meet the diversified need of different type of services required for this boom.
Later on the year 2011, the company became 100% national company after introducing DYNAMIC ENERGY in the ownership. Then, the name of the company is changed as TECHNICAL SERVICES FOR INDUSTRIES SAUDI ARABIA LTD. (TECHNOSERVE) in the year 2013.
Now, Technoserve is ranked as one of the top Oilfield’s Service Providers not only in Saudi Arabia but GCC Countries.