Posted inPower List O&G Middle East Top 30 Oil field Services Companies 2017

Glasspoint

Glasspoint

If ever a company has achieved admirable success with its very first project, that too in a new region, such a fairy tale-like story has been that of Glasspoint. The US-based company first arrived in the Middle East in 2011 when it was awarded a pilot project with Petroleum Development Oman (PDO). GlassPoint completed the project in Oman on time, on budget and exceeding performance targets. This success led to the $600mn, 1,021 MW solar thermal project, called Miraah, currently being built for PDO in south Oman. On the back of this pioneering, solar power-based enhaced oil recovery project, Glasspoint continues to grow in the region, taking its expertise in this special form of EOR to clients in Kuwait and Bahrain.

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