GlassPoint Welcomes Former Schlumberger President

Source: www.gulfoilandgas.com 1/22/2013, Location: North America

GlassPoint Solar Inc., the global leader in solar enhanced oil recovery (EOR), announced former Schlumberger President Zaki Selim has joined its Board of Directors. Mr. Selim most recently served as Schlumberger’s President of Oilfield Services for Middle East & Asia, where he led the company’s largest and most profitable business unit. As an active board member, Mr. Selim will apply his extensive experience in developing production enhancement technologies to help accelerate adoption of GlassPoint’s solar EOR solution throughout the Gulf region.

“Solar steam generation is a relatively young market with tremendous market potential in the oil and gas industry,” said Mr. Selim. “GlassPoint’s Enclosed Trough technology is easy to operate and maintain and takes full advantage of the Gulf region’s abundant sunshine to economically develop its heavy oil reserves. It is my pleasure to be associated with such an innovative solar-fueled oil recovery solution.”

Throughout his 28-year career with Schlumberger, Mr. Selim served several roles from field engineer to president of key technology divisions. As the President of Well Services and Well Completions and Productivity, he developed and integrated a range of reservoir optimization and production techniques, including EOR projects across four continents.

Mr. Selim is a member of the Society of Petroleum Engineers (SPE), holds a bachelor’s degree in mechanical engineering from Cairo University’s Faculty of Engineering in Egypt and attended the management program at Harvard Business School.

“Zaki is a seasoned oil and gas industry veteran who has developed and implemented a range of profitable new technologies for the world’s largest oilfield services company,” said Rod MacGregor, president and CEO of GlassPoint. “His experience working with a range of national and international oil companies throughout the Middle East will provide invaluable insight as we scale across the region and strengthen our global leadership position in solar EOR.”

Mr. Selim joins GlassPoint’s board following the close of its US$26 million Series B financing. The round included the participation of Royal Dutch Shell plc group, one of the world’s largest oil companies, as well as leading energy investors RockPort Capital, Nth Power and Chrysalix Energy Venture Capital. The company and its Enclosed Trough technology, optimized for steam generation for oil and gas applications, was recently awarded “Innovative Upstream Technology of The Year” at the Gas Arabia Summit in Muscat organized by The Energy Exchange and co-hosted by BP, Oman Gas Company, Oman LNG and PDO.


Iraq >>  5/20/2022 - Genel Energy plc is pleased to announce that Luke Clements has been appointed Chief Financial Officer by the Board with immediate effect.

...

Australia >>  5/19/2022 - The Board of Directors of Beach Energy Limited is pleased to announce the appointment of Mr Morné Engelbrecht as Chief Executive Officer, effective im...

Belgium >>  5/19/2022 - Euronav NV is pleased to announce that the General Meeting of Shareholders has approved the annual accounts for the year ended 31 December 2021, as we...
Nigeria >>  5/19/2022 - Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges, is pleased to announce that Mr. ...

Singapore >>  5/19/2022 - Maxeon Solar Technologies, Ltd., a global leader in solar innovation and channels, today announced that Philippe Costemale will be joining the company...
Finland >>  5/18/2022 - At its annual gala, the Finnish Foundation for Share Promotion (Pörssisäätiö), a foundation promoting securities investment and the securities market,...

Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.