Oil & Gas
Netoil has over 50 years of experience in oil and gas project development and implementation, from conceiving and negotiating major pipelines to acquiring exploration rights and building refinery networks across multiple continents.
Chantiers Navals de la Ciotat
Former second largest shipyard of France, pioneering the construction of LNG and LPG carriers for oceangoing natural gas transport.
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Suez-Mediterranean (SUMED) Pipeline
A 200-mile pipeline running parallel to the Suez Canal, capturing 80% of oil movement from the Arabian Gulf to Europe.
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Ar-Razi
The world's largest single chemical methanol production complex at Jubail, Saudi Arabia, with annual production of 5 million tons.
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Tamraz Oil (Tamoil)
Europe's Tamoil fuel brand with 3,000 service stations, extensive pipeline distribution, and three refineries across five countries.
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Turkmenistan Blocks I & III
Offshore and onshore exploration with 3.4 billion barrels of oil equivalent and 1,400 working wells.
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Baku-Tbilisi-Ceyhan (BTC) Pipeline
One of the longest pipelines in the world at 1,768 km, carrying more than 1% of the world's oil supply.
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Karpinsky Licenses (Russia)
Up to 9.1 billion barrels of oil equivalent estimated resources across two exploration blocks on the Karpinsky Ridge.
Read MoreMetals & Minerals
Diamond Concessions & Silver Mining
Mr. Roger Edward Tamraz and First Arabian Corporation held diamond concessions in the Central African Republic. They were shareholders of Sunshine Mining Company, which ranked among the six largest single-lode silver producers in the United States. The company operated Sunshine Mine in northern Idaho, historically one of the world's largest silver producers, generating "360 million ounces of silver since it was found in 1884."
A significant downturn in metals production during the 1980s triggered severe layoffs and reduced output. According to a 2007 Behre Dolbear & Company assessment, the mine contained "total reserves of 23.48 million ounces of silver (including a 15 percent mine recovery loss deduction) within a larger resource base containing 231.5 million ounces of silver."
Kaiser Steel Company
Tamraz and First Arabian Corporation invested in Kaiser Steel Company, established by industrialist Henry Kaiser in 1942 across thirteen hundred acres. Kaiser operated as the first integrated steel mill west of the Rocky Mountains, supplying steel plate to West Coast shipbuilding industries. The region developed manufacturing centers and machine shops supporting steel production. However, Kaiser Steel Company faced challenges from affordable imported Japanese steel.
Banks & Wealth Management
Milshare Holding
Milshare Holding, established and owned by Roger Edward Tamraz, controlled banking institutions across the Middle East and United States, including Bank Al Mashrek (with Park Avenue Bank as its New York subsidiary), Credit Libanais (holding $10 billion in total assets), Capital Trust Bank, and First Phoenician Bank.
Intra Bank & Investment Operations
Kidder, Peabody & Co. Middle East, directed by Roger Edward Tamraz, orchestrated the acquisition and restructuring of Lebanon's largest bank, Intra Bank. Tamraz managed the resulting entity, Intra Investment Company, functioning as an early sovereign wealth investment operation in the Middle East. Kuwait and Qatar held majority stakes in this company.
Intra Investment Company operated banking interests spanning Europe and Africa: Banque de Participations et de Placements in France (established following acquisition of Banque Stern's commercial operations), Banque de Placements du Zaire as its subsidiary, and Banca di Particepiazioni e Investimenti in Switzerland.
First Arabian Corporation & Comerica
First Arabian Corporation, established and directed by Tamraz, owned Bank of the Commonwealth. The institution faced regulatory scrutiny from the Federal Reserve System, Federal Deposit Insurance Corporation, and Michigan banking authorities. After collaborative efforts with regulators, the bank achieved full regulatory approval.
Subsequently, with regulatory endorsement, First Arabian Corporation merged Bank of the Commonwealth into Detroit Bank and Trust, establishing Comerica Corporation. This resulted in a major nationwide bank holding company ranking 36th nationally, with $83.631 billion in assets and $7.875 billion in net worth. First Arabian Corporation became Comerica's largest individual shareholder.
International Banking Partnerships
Tamraz-associated banks partnered with Societe Generale in Frab Bank, collaborated with Bank of America in Egypt, and worked with Credit Agricole in the Central African Republic (designated as B.A.C.D.).
Hotels & Real Estate
The Meurice Hotel Group
In the early 1980s, First Arabian Corporation (FAC), created and led by Roger Edward Tamraz, became the complete owner of the Meurice Hotel Group in Paris. This group owned the Meurice, Prince de Galles, and Grand Hotels, plus the renowned Cafe de la Paix.
These three hotels contained 1,000 rooms, representing 25% of all luxury hotel rooms in Paris at that time. The properties were sold to Grand Metropolitan Hotel Corporation of London in the mid-1980s.
Real Estate Portfolio
FAC's real estate portfolio included 26 Champs Elysees development and shopping arcade, plus London properties such as Wilton Crescent and other Mayfair area holdings. Additional prestigious properties were developed in New York, Paris, London, Marbella, Dubai, and elsewhere.
During this expansion period, FAC invested in high-end residential and commercial real estate across prime international locations. Beyond hotels, the company acquired a villa on the French Riviera, a shopping center in Barcelona, and several historic Manhattan buildings. These investments solidified the company's position as a leading player in the elite real estate sector with significant international presence.