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Muscat – Driven by expansion plans in Oman and the region, GlassPoint Solar, the leading supplier of solar to the oil and gas industry, has welcomed four new senior Omani professionals to its Project Development, International team. The appointments reflect the company’s rapid growth since the award of Miraah and the ongoing execution of the landmark project, which is currently ahead of schedule and under budget.
“The move reinforces GlassPoint’s commitment to hire local Omani talent and develop greater expertise across new project development and localization,” said Marwan Chaar, GlassPoint Vice President of Project Development.
Joining GlassPoint as Deputy Director of Project Development is project development expert Yaarub Al Yaarubi. A graduate of the renowned Harvard University, Kennedy School of Government with a Masters in Public Administration, Al Yaarubi also holds Masters degrees in Finance and Engineering. Prior to Harvard, he worked in Business Development at Oman Oil Company where he led the development of new manufacturing facilities totalling up to USD 1 billion in value. He brings expertise in driving projects from the origination stage all the way to operations.
Commenting on his new position at GlassPoint, Al Yaarubi, said, “I am excited to join such a fast-growing company as they increase localization of their supply chain. I look forward to leverage my academic and professional expertise to build a valuable partnership model with the government of Oman. A partnership that stems from boosting GlassPoint’s in-coutnry value efforts that shall lead to the creation of long-term employment opportunities and skill-pools in the Sultanate. I’ve joined an incredibly talented team of the most talented Omani engineers and technologists and am thrilled to help lead the growth of our solar industry.”
Appointed Senior Manager of Project Development, Badar Al Sariri brings more than a decade of experience working for the Ministry of Oil and Gas to his new post at GlassPoint. A graduate of the Sultan Qaboos University, he grew his career within the Ministry to become Director of Petroleum Concession, and later, Acting Director General for the Petroleum Industry. Most recently, Badar was the General Manager of Gasway, a fully Omanized oil and gas services company.
Al Sariri, who will lead GlassPoint’s government and stakeholder engagement, added, “I am proud to be part of a company that takes Omanization so seriously. GlassPoint has achieved over 60% Omani employees, including most of its engineers. I am keen to see what lies ahead as we create new job opportunities and economic diversification in the Sultanate.”
Further strengthening the team, Eyas Al Zadjali joins as Project Development Manager, bringing with him six years of commercial experience in the oil and gas sector. Additionally, Siddiqa Al Lawati, who was hired as Project Development Analyst, has deep technical expertise with a Masters degree from the prestigious Imperial College and experience with GE Water as an engineer.
GlassPoint developed its technology specifically to meet the growing economic and environmental challenges associated with heavy oil production. In partnership with Petroleum Development Oman (PDO), GlassPoint completed a pilot project in the Sultanate in 2012. Based on the success of the pilot, GlassPoint was awarded Miraah in July 2015, which is currently under construction in the south of Oman. The project will deliver over one gigawatt of peak thermal energy, generating 6,000 tonnes of steam for use in PDO’s thermal enhanced oil recovery operations upon completion.
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About GlassPoint Solar
GlassPoint Solar is the leading supplier of solar to the oil and gas industry. The global oil and gas industry consumes an amount of energy equal to 10% of its own production, making it one of the biggest markets for renewable energy. Operating worldwide from the Middle East to California, GlassPoint’s enclosed trough technology delivers the lowest cost energy to power oilfield operations. By harnessing sunshine, instead of burning natural gas or other fuels, GlassPoint helps oil producers reduce operating expenses while significantly cutting greenhouse gas emissions.
Unlike solar panels that generate electricity, GlassPoint’s enclosed trough technology uses large, curved mirrors to concentrate sunlight on a boiler tube containing water. The concentrated energy boils the water to produce high-pressured steam, which is injected into an oil reservoir to heat heavy oil and boost production. GlassPoint encloses the system inside a greenhouse structure to protect the solar collectors from the wind, sand and dust common in Middle Eastern oilfields. An automated washing system cleans the greenhouse to maintain performance in the dusty desert environment and reduce operation and maintenance costs.
GlassPoint established its regional headquarters in the Sultanate of Oman in early 2012. The company’s major shareholders include Royal Dutch Shell and State General Reserve Fund (SGRF), the largest sovereign wealth fund in Oman.
Media Contacts:
GlassPoint Media Contacts
Middle East
Yousef Ali
TRACCS
Telephone: +968 24 649-099
Mobile: +968 94558787
Email: yousef.ali@traccs.net
© Press Release 2017
