FREMONT, Calif. & MUSCAT, Oman - Wednesday, May 23rd 2012 [ME NewsWire]
EOR & Heavy Oil World MENA 2012
(BUSINESS WIRE)-- GlassPoint Solar, the global leader in solar enhanced oil recovery (EOR), today announced CEO and President Rod MacGregor will speak at EOR & Heavy Oil World MENAon Monday, May 28th in Abu Dhabi, UAE. Addressing a crowd of senior executives from the oil and gas industry, MacGregor will discuss the advantages of using solar steam generators to expand production in gas-constrained locations.
EOR & Heavy Oil World MENA brings together more than 200 representatives from the world’s leading national, major and independent oil companies to discuss the commercial development of heavy oil and mature oil fields across the Middle East and North Africa region. GlassPoint’s solar EOR solution will be among the latest technical innovations presented at the conference that are being deployed to advance heavy oil production in the Middle East today.
Designed specifically for rugged and remote oilfield environments, GlassPoint’s solar steam generators recently received E&P Magazine’s Special Meritorious Award for Engineering Innovationin the EOR/IOR category. The company was awarded a 7MW solar EOR project with Petroleum Development Oman last summer, which is currently under construction.
Keynote speakers from Shell, Kuwait Gulf Oil Company, Petroleum Development Oman and TOTAL Petroleum will give context on the future of EOR and current production strategies in the MENA region.
WHO:
Rod MacGregor, CEO & President of GlassPoint Solar, the global leader in solar EOR
WHAT:
During the session “Solar Steam Generators for Thermal Enhanced Oil Recovery (EOR)”, MacGregor will provide an overview of solar EOR and its impact on ultimate recovery, including:
Producing steam for EOR in gas-constrained locations
Solving the unique challenges for solar in GCC oil fields
Hot, humid dusty environments
Water availability
Integrating solar steam into EOR operations
WHERE:
The Park Rotana
Abu Dhabi, UAE
WHEN:
Monday, May 28 at 3:50pm GST
About GlassPoint Solar
GlassPoint is the leading provider of solar steam generators to the oil and gas industry. When used for Enhanced Oil Recovery (EOR), GlassPoint solar steam generators reduce natural gas consumption by up to 80%, redirecting gas resources to higher value applications such as electricity generation and export. GlassPoint's solar EOR solution delivers steam at a lower cost than steam produced by burning natural gas, enabling producers to economically recover more oil. GlassPoint drives lower costs by enclosing lightweight components within a glasshouse to seal the system from sand, dust, dirt and high humidity typical of oilfield environments throughout the world. The company is headquartered in Fremont, California with offices in Bakersfield, California, Muscat, Oman and Shenzhen, China. For more information, visit glasspoint.com.
Contacts
Antenna Group for GlassPoint
Katie Struble, +1 415-977-1928
glasspoint@antennagroup.com
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