EN­ERGY

Oil and Gas - - CONTENT -

GlassPoint So­lar has re­cently wel­comed re­new­able en­ergy ex­pert, Steven Moss to the po­si­tion of Chief Ex­ec­u­tive Of­fi­cer (CEO). He will lead the com­pany’s growth plans to di­ver­sify its project port­fo­lio in new mar­kets in the Mid­dle East and North Amer­ica and com­mer­cialise its next gen­er­a­tion tech­nolo­gies.

One of the fastest-grow­ing so­lar com­pa­nies in the world, GlassPoint’s so­lar tech­nol­ogy de­liv­ers cost-ef­fi­cient en­ergy to power oil­field op­er­a­tions, which in turn sig­nif­i­cantly cuts green­house gas emis­sions. The com­pany’s track record of ex­ceed­ing its per­for­mance tar­gets has made it the clear leader in de­ploy­ing so­lar en­ergy within the oil and gas in­dus­try. Moss brings with him 30 years of ex­pe­ri­ence in the en­ergy and aerospace sec­tors. Prior to join­ing GlassPoint, he was the CEO at Gen­eral Elec­tric’s (GE) Re­new­ables Plant Busi­ness, where he was in­stru­men­tal in the de­liv­ery of geo­ther­mal, biomass and so­lar ther­mal plant so­lu­tions glob­ally. Man­ag­ing in­ter­na­tional op­er­a­tions from Mus­cat, Oman, Moss is over­see­ing GlassPoint’s ex­pand­ing global busi­ness, in­clud­ing the land­mark Mi­raah so­lar plant un­der de­vel­op­ment with Petroleum De­vel­op­ment Oman (PDO) and the Bel­ridge So­lar project with Aera En­ergy in Cal­i­for­nia, USA.

With the oil and gas sec­tor seek­ing lower costs to pro­duce to­day’s en­ergy with less im­pact on the en­vi­ron­ment, find­ing the

right so­lu­tions has proven a se­ri­ous chal­lenge. GlassPoint takes the lead by demon­strat­ing the re­li­a­bil­ity and cost-ef­fec­tive­ness of its so­lar ther­mal tech­nol­ogy for oil­field ap­pli­ca­tions. This in­volves us­ing mir­rors to con­cen­trate the en­ergy of the sun’s rays to boil water flow­ing through a net­work of pipes and gen­er­ate high-pres­sure steam that can be used to pump oil out.

The com­pany’s in­no­va­tive so­lar steam tech­nol­ogy is be­ing de­ployed suc­cess­fully in Oman’s oil and gas in­dus­try. Ex­pected to gen­er­ate over one gi­gawatt of ther­mal en­ergy, Mi­raah is built in part­ner­ship with Petroleum De­vel­op­ment Oman (PDO), the Sul­tanate’s lead­ing pro­ducer of oil and gas. Fu­elled by the na­tional vi­sion of a more sus­tain­able hy­dro­car­bons in­dus­try, the project is at the fore­front of Oman’s ex­pan­sion into re­new­able en­ergy.

GlassPoint’s tech­nol­ogy re­places nat­u­ral gas tra­di­tion­ally used to gen­er­ate steam, which can in­stead be ex­ported or di­rected to­ward higher-value ap­pli­ca­tions such as power gen­er­a­tion or in­dus­trial de­vel­op­ment, pro­vid­ing a ma­jor op­por­tu­nity to di­ver­sity the lo­cal econ­omy.

Moss said, “A great deal of our suc­cess is due to the op­por­tu­ni­ties given to us here in Oman and the en­abling ecosys­tem from the lo­cal net­work has been key. We have pros­pered thanks to the con­tin­ued sup­port of our in­vestors and part­ners. Our col­lab­o­ra­tion with PDO in the Mi­raah so­lar plant is a prime ex­am­ple of how we have nur­tured this suc­cess even fur­ther.”

The in­tro­duc­tion of GlassPoint’s so­lar steam tech­nol­ogy to Oman has been pro­vid­ing sub­stan­tial con­tri­bu­tions since 2012 when GlassPoint suc­cess­fully com­pleted a pi­lot project with PDO, gain­ing it in­ter­na­tional recog­ni­tion. Over the years, Royal Dutch Shell and Oman’s State Gen­eral Re­serve Fund, the largest sov­er­eign wealth fund in Oman, have in­vested in GlassPoint and backed its vi­sion for so­lar pow­ered oil pro­duc­tion.

In 2014, the com­pany ex­panded to Kuwait and was awarded the Mi­raah con­tract the fol­low­ing year. Fin­ish­ing 2017 strong, GlassPoint ex­panded its foot­print in Cal­i­for­nia, an­nounc­ing plans to build the state’s largest so­lar en­ergy project on the Bel­ridge oil­field, while in Oman, Mi­raah be­gan de­liv­er­ing steam to the Amal West oil­field. Moss plans to build on this mo­men­tum and lead GlassPoint’s tech­nol­ogy, project de­ploy­ment and man­u­fac­tur­ing op­er­a­tions into its next stage of growth.

GlassPoint is also com­mit­ted to the growth of lo­cal Omani tal­ent in the re­new­able en­ergy field. It re­cently launched its first cor­po­rate so­cial re­spon­si­bil­ity ini­tia­tive, the GlassPoint In­no­va­tion Spur. De­vel­oped af­ter a se­ries of work­shops and stake­holder meet­ings through­out Oman, the con­cept of the pro­gramme was con­ceived around the prin­ci­ple of us­ing re­sources ef­fi­ciently and help drive in­no­va­tion for a sus­tain­able Oman. Adding the fi­nal touches, the or­gan­i­sa­tion ob­tained fur­ther sup­port from its part­ners- The Re­search Coun­cil, In­no­va­tion Park Mus­cat, Sharakah and the Pub­lic Au­thor­ity for SME De­vel­op­ment (Riyada), to make the GlassPoint In­no­va­tion Spur, fully-fledged. The pro­gramme fos­ters in­no­va­tors to de­velop their con­cepts and trans­form them into sus­tain­able, im­ple­mentable en­ter­prises through fi­nan­cial, busi­ness and

A great deal of our suc­cess is due to the op­por­tu­ni­ties given to us here in Oman and the en­abling ecosys­tem from the lo­cal net­work has been key. We have pros­pered thanks to the con­tin­ued sup­port of our in­vestors and part­ners. Our col­lab­o­ra­tion with PDO in the Mi­raah so­lar plant is a prime ex­am­ple of how we have nur­tured this suc­cess even fur­ther

tech­ni­cal sup­port. Par­tic­i­pants re­ceive men­tor­ship that gives them as­sis­tance to fur­ther de­velop their in­no­va­tions with the aim to strengthen Oman’s role as a global hub for re­new­able tech­nol­ogy and con­tribute to the na­tion’s di­ver­si­fi­ca­tion strat­egy.

Moss added, “Our in­ten­tion with the In­no­va­tion Spur is to pro­mote the cul­ture of in­no­va­tion in Oman, by shar­ing the ex­pe­ri­ence and knowl­edge that we have ac­quired through­out our en­trepreneurial jour­ney. GlassPoint be­lieves in help­ing to build a sus­tain­able and pro­gres­sive Oman when it comes to the en­ergy sec­tor, which is why we want to help lo­cal start-ups achieve what we have achieved”.

In­no­va­tion is also a key part of GlassPoint’s growth plans.

The com­pany has a ro­bust pro­gramme fo­cused on con­tin­u­ous in­no­va­tion where it is ex­plor­ing new ma­te­ri­als, de­signs and man­u­fac­tur­ing pro­cesses to main­tain its lead­er­ship and con­tinue to de­liver the low­est cost so­lar en­ergy.

ADDING VALUE Duqm Re­fin­ery to process 230,000 bpd of crude

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