Saudi Aramco Energy Ventures has hired Jim Sledzik, formerly president of Energy Ventures, to helm the US arm of its unit.

Jim Sledzik has joined Saudi Aramco Energy Ventures (SAEV), the corporate venturing unit for Saudi Arabia-based oil producer Saudi Aramco, to head its US team.

Sledzik (pictured) spent nearly a decade as senior partner and president of venture capital firm Energy Ventures, helping it raise about $1bn for its funds. SAEV hired Sledzik to work under unit CEO Majid Mufti, at a time when it has been increasing its activity.

Separately, Imran Kizilbash has resurfaced from a career at oil…

James Mawson

James Mawson is founder and chief executive of Global Venturing.