Marafiq was established in 2002 as Saudi Arabia’s first private integrated power and water utility company. Its four major share holdersare the Royal Commission for Jubail and Yanbu , Saudi Aramco, SABIC and the Public Investment Fund. Marafiq’s man- date is to undertake the operation, maintenance, management, expansion and construction of seawater cooling systems, desa- linated and treated water systems, sanitary and industrial was- tewater systems and electric power systems in Jubail and Yanbu industrial cities, as the sole provider of essential utility services to industrial, commercial and residential users in Jubail and Yanbu.