TESCO Engineering

What TESCO Engineering does

TESCO Engineering is a Saudi Arabia-based, privately held specialized engineering services company founded in 2011 and headquartered in Al Jubail, with a secondary facility in Yanbu Industrial City. The company provides OEM-independent fluid and gas sealing, rotating equipment, and turbo-machinery services to operators in the petrochemical, oil & gas, mining, power generation, and water desalination process industries, serving named customers that include Saudi Aramco, SABIC, Ma'aden, SWCC, Saudi Electricity Company, Chevron, ExxonMobil, TotalEnergies, Dow Chemical, Sumitomo Chemical, and Sinopec.

The company operates a horizontally integrated service model spanning analysis, re-engineering, refurbishment, manufacturing, and field service. Core technology includes CAD/CAM/CNC-integrated Computer Integrated Manufacturing, HVAF thermal spray coating with FANUC robotics, heavy-duty 4m and 6m precision lathes, dynamic balancing machines handling components up to 5 tons, laser texturing up to 400mm diameter, and dynamic test rigs simulating pressures to 250 bar, speeds to 25,000 rpm, and temperatures to 150°C per API 682 and API 692 standards. Complementary lines include heat exchangers (plate and shell, spiral plate, dimple plate, plate and frame) built to ASME/TEMA/API 662, and industrial chiller plant operation and maintenance compliant with ASHRAE Standard 15.

Revenue is generated through six streams: engineering services for fluid and gas sealing, rotating equipment and turbo-machinery services, manufacturing of mechanical seals and components, long-term reliability programs with vendor-managed inventory, industrial chiller plant O&M, and heat transfer solutions. The company employs 51-100 people with 400-450+ combined years of specialist experience across ten nationalities, is led by Founder and Managing Director Mark Goedvolk, and is sold via direct enterprise field sales led by a VP of Global Accounts with no disclosed external institutional ownership.

Name

TESCO Engineering

Legal name

TESCO Engineering

Website

https://tescosaudi.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

TESCO Engineering is a Saudi Arabia-based OEM-independent specialist engineering services provider, founded in 2011 and headquartered in Al Jubail, serving petrochemical, oil & gas, mining, power generation, and water desalination operators with fluid and gas sealing, rotating equipment, turbo-machinery, and heat transfer solutions.

Ownership category

akta.pro rank

Product category

Industrial Engineering Services

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Engineering Services (54133), Industrial Process Furnace and Oven Manufacturing (333994)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050), Metalworkg Machinery & Equipment (3540), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Refractory, Furnace & Kiln Maintenance Services (IMAIACAG)

akta.pro secondary industries

Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions) (TLAHAMAH), TES Systems Integration, Controls & Optimization (TES EMS, Controls, Dispatch) (EUAFANAK)

Keywords

• Mechanical seal services
• Rotating equipment maintenance
• Turbo-machinery services
• Dry gas sealing
• Industrial heat exchangers

Headquarters

HQ city

Al-jubail

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Engineering Services - Fluid & Gas Sealing: OEM-independent specialized engineering services for fluid and gas sealing including analysis, re-engineering, and refurbishment of mechanical seals and dry gas seals. Services include Root Cause Analysis, technical report writing, and performance optimization.
2. Rotating Equipment & Turbo-Machinery Services: Comprehensive maintenance, refurbishment, and overhauling services for rotating equipment and turbo-machinery including process pumps, compressors, steam turbines, gearboxes, and fans. Includes installation, commissioning, and field services.
3. Manufacturing - Mechanical Seals & Components: Manufacturing and supply of heavy-duty engineered mechanical seals including fluid mechanical seals and compressor dry gas seals. Components include pump shafts up to 6000mm, gland plates, impellers, casing wear rings, bearing bushes, and laser-textured seal faces.
4. Long-Term Reliability Programs with Vendor Managed Inventory (VMI): Ongoing reliability programs including Vendor Managed Inventory services, preventive maintenance, condition monitoring, and scheduled inspections. Shift of inventory management responsibility from customer to TESCO Engineering.
5. Industrial Chiller Plant Operation & Maintenance: Comprehensive lifecycle management for refrigeration systems combining advanced diagnostics, preventive maintenance, and 24/7 emergency support. Includes refrigerant circuit integrity repairs, compressor overhaul, and performance optimization.
6. Heat Transfer Solutions: Design, manufacturing, installation, and maintenance of heat exchangers including plate and shell, spiral plate, dimple plate, and plate and frame types. Custom design with CFD and FEA simulations, ASME/TEMA/API 662 standards compliance.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

TESCO Engineering is an OEM-independent industrial engineering services and equipment manufacturing company specializing in Fluid & Gas Sealing (mechanical seals, dry gas seals, special engineered seals), Rotating Equipment & Turbo-Machinery (pumps, compressors, steam turbines, gearboxes), and Heat Transfer Solutions (heat exchangers). The company serves petrochemical, oil & gas, mining, power generation, and water desalination process industries with analysis, re-engineering, refurbishment, overhauling, manufacturing, installation, and long-term reliability programs.

Product overview

TESCO Engineering is a specialized industrial engineering services company offering a horizontally integrated portfolio of precision manufacturing, refurbishment, and reliability services for the process industry. The core offerings consist of Fluid & Gas Sealing Solutions (including mechanical seals and dry gas seals), Rotating Equipment & Turbo-Machinery Services, and Heat Transfer Solutions. These are complemented by add-on reliability programs including Installed Product Management, Dry Gas Seal Management Program, Fluid Mechanical Seals Long-Term Reliability Programs, and Industrial Chiller Plant O&M. The company also provides Specialized Field Service for on-site maintenance and troubleshooting. Together, these products form a vertically integrated suite covering the entire equipment lifecycle from design and manufacturing through to maintenance, monitoring, and performance optimization.

Differentiator

Problem solved

Functional benefit

Products and services

• Fluid & Gas Sealing Solutions OEM-independent fluid and gas sealing solutions for refineries, petrochemical plants, offshore oil rigs, and industrial applications, including mechanical seals, dry gas seals, and special engineered seals for reactors, centrifuges, agitators, and steam turbine applications, supported by root cause analysis, refurbishment, integrity testing per API 682, and qualification testing for Category 1, 2, 3, and engineered seals.
• Rotating Equipment & Turbo-Machinery Services Comprehensive refurbishment, overhauling, and manufacturing services for industrial pumps, compressors, steam turbines, gearboxes, and turbomachinery, including precision machining, dynamic balancing, HVAF thermal spray coating, field service, and compliance with API 610, 611, 612, 617, 619, 672, 675, and 687 standards.
• Heat Transfer Solutions Design, manufacturing, installation, and maintenance of heat exchangers for oil & gas, power generation, chemical processing, and HVAC systems, encompassing plate and shell, spiral plate, dimple plate, and plate and frame types, fabricated per ASME Section VIII Div 1, TEMA, and API 662 standards.
• Dry Gas Seal Management Program Proactive dry gas seal management program including climate-controlled storage, health checks, testing, recertification, and rapid turnaround from customer request to seal shipment, backed by API 692-compliant dynamic testing rigs and precision rotor balancing.
• Installed Product Management Comprehensive seal installation, commissioning, preventive maintenance, performance optimization, and vendor-managed inventory services using ServiceMax integration with sensor data and predictive algorithms for continuous condition monitoring and anomaly detection.
• Fluid Mechanical Seals Long-Term Reliability Programs Long-term reliability programs combining vendor-managed inventory, installation protocols, root cause analysis, preventive maintenance, and condition monitoring to optimize plant performance and shift inventory management responsibility to TESCO.
• Industrial Chiller Plant Operation & Maintenance Comprehensive lifecycle management for industrial refrigeration systems combining advanced diagnostics, preventive maintenance, 24/7 emergency support, refrigerant circuit integrity repairs, compressor overhaul, and performance optimization compliant with ASHRAE Standard 15.
• Specialized Field Service On-site technical support, maintenance, troubleshooting, commissioning, and quality assurance services for industrial facilities including sea water pumps, compressors, turbines, and rotating equipment, including rapid response teams for emergency breakdowns.

Quantifiable outcome

• Reduced equipment downtime from months to hours through local manufacturing capabilities
• +4 more outcomes

Named customers43 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature7 records

Partnerships

One partnership is on record.

• FRANCO (Franschhoek Resource and Network Coordinating Organization)minorOthersCSR partnership for education initiatives in developing countries. TESCO Engineering collaborates with FRANCO to provide scholarships and sponsor Diploma, Bachelor and Master Degree Studies to support vulnerable youth. The partnership aims to empower youth worldwide paving the way for success in STEM fields and beyond.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• John Crane: Global leader in mechanical seals, dry gas seals, and rotating equipment reliability services. Directly comparable to TESCO as both refurbish and manufacture mechanical and dry gas seals for petrochemical, refining, and oil & gas operators; John Crane is the dominant OEM whose aftermarket TESCO explicitly competes against.
• Sulzer: Provides rotating equipment services (pumps, compressors, turbines) and sealing solutions to process industries. Directly comparable to TESCO's rotating equipment and turbo-machinery overhaul, balancing, and rotor-repair capabilities.
• Flowserve Corporation: Major manufacturer of pumps, valves, seals, and related aftermarket services for process industries. Comparable to TESCO across fluid sealing, rotating equipment overhaul, and reliability service offerings for petrochemical and power customers globally.
• AESSEAL: Specialist mechanical seal manufacturer and refurbishment provider competing across refining, petrochemical, and power. Closely matches TESCO's focus on OEM-independent seal design, refurbishment, and engineered sealing solutions with a strong regional service model.
• Elliott Group: Designs, manufactures, and services turbo-machinery (compressors, steam turbines, expanders) with strong aftermarket service operations. Comparable to TESCO's turbo-machinery refurbishment and field service for API 611/612/617 equipment.

Broad incumbents

• MAN Energy Solutions: Large OEM of turbo-machinery, compressors, and power plant equipment with a global service network. Overlaps with TESCO's turbo-machinery overhaul and dry gas seal service scope, especially in oil & gas and petrochemical.
• KSB SE & Co. KGaA: Global manufacturer of pumps, valves, and related service. Comparable to TESCO on process pump seal replacement, rotor inspection, and aftermarket service for petrochemical and water customers.
• Wärtsilä: Provides lifecycle services for marine and energy rotating equipment, including condition monitoring and field service. Comparable to TESCO's field service and reliability program model for industrial rotating equipment.
• SKF: Global rotating equipment performance and reliability services including condition monitoring, predictive maintenance, and bearing/sealing solutions. Adjacent comparable to TESCO's reliability programs and predictive analytics layer.

Regional players

• Al Maha Industrial Services (AMIS): Middle East-focused industrial services firm supporting petrochemical, refining, and oil & gas operators with rotating equipment and field services. Comparable to TESCO as a regionally focused, OEM-independent service provider in the Gulf.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tesco-saudi
• Xx.com/tescosaudi1
• Facebookfacebook.com/tescosaudi

Compliance19 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TESCO Engineering