Sadad Ibrahim Al Husseini

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Dr. Sadad Ibrahim Al Husseini
Born August 21, 1946
Residence Dhahran, Saudi Arabia
Alma mater

Brown University, PHD, Geological Sciences 1973

Brown University, Masters of Science 1970

American University of Beirut, Bachelor of Science 1968
Board member of

°Advisory Board, Energy Intelligence Group, 2006 – present

°Aramco board member, 1996-2004

°Saudi Electric Company board member, 2000-2002

°Chairman of the Board, SAMREF JV Refinery Co., 1995 - 1997

°Member, Board of Directors, Ssangyong JV Refinery Co., 1990 – 1992
Spouse(s) Suad Al Bassam
Children 1 son, 2 daughters
Awards

° Brown University, Distinguished Graduate School Graduate, May 1995

°The King Abdul Aziz Medal of Honour in the First Degree, 2001.

°Honorary member of the American Institute of Mining, Metallurgical, and Petroleum Engineers (2001) In recognition of career-long contribution in promoting global industry exchange and for outstanding leadership in the petroleum industry.[1]

°Honorary member and former director of the Society of Petroleum Engineers.[2]
Website http://www.husseinienergy.com/

Dr. Sadad Ibrahim Al Husseini is a leading Saudi oil and gas industry expert. He is most widely known for his achievements during his tenure at Saudi Aramco as the Senior and Executive Vice President for Exploration and Producing, and his current work on supply side risk; referred to by the New York Times as “one of the most respected and accomplished oilmen in the world”.[3]

Summary[edit]

He is credited with launching the field modernization and state of art reservoir management and development of Saudi Arabia’s giant oil fields,[4] the upgrading of the company’s drilling, environmental, and upstream safety standards, the discovery and development of its Paleozoic oil and gas reservoirs,[5] the discovery of its Red Sea oil and condensate fields,[6] the initiation of its upstream advanced degree and specialists professional programs, and the development of its leading edge reservoir modelling and simulation capabilities at its purpose built Exploration and Petroleum Engineering Center,EXPEC.[7][8][9] In 1988 he launched Aramco’s mothballing program for 3.5 million barrels of oil production capacity and in 1990, as a result of the Iraqi invasion of Kuwait, he led the Aramco team that re-activated the mothballed capacity thereby increasing Kingdom’s oil production from 5 million bd to 8.5 million bd within six months.[10] In 1994 he launched the intensified non-associated Saudi gas exploration program which increased the Kingdom’s non-associated gas reserves by 30 Tcf within 4 years.

In 1996,Al Husseini was called upon by HM King Abdullah ibn Abdul Aziz to provide advisory support to the Kingdom’s leadership for the purpose of expanding its economy through a broader exploitation of its proven gas reserves. This culminated in the Kingdom’s Natural Gas Initiative in 1999[11] which invited international oil companies to participate in the development of the Kingdom’s non-associated gas reservoirs and the expansion of its power generation, desalination and petrochemical sectors. Following on his retirement from Saudi Aramco in 2004, Dr.Al Husseini co-founded and is president of Husseini Energy Company, a highly specialized oil and gas consulting firm based in Bahrain and Saudi Arabia.

Early life[edit]

Dr Sadad Al Husseini was born in Damascus in 1946 to Col. Ibrahim Abdulrahman Al Husseini and Myassar BachImam. His father was a leading Syrian nationalist and member of the Syrian military and political leadership until 1957. Al Husseini attended primary and secondary education at Notre Dame International School in Rome, Italy between 1955 and 1964. He and his family moved to Saudi Arabia in 1961 when King Faisal bin Abdul Aziz invited Col. Ibrahim Al Husseini to advise the Saudi Arabian Council of Ministers on national security matters and to support Prince Abdullah bin Abdul Aziz Al Saud as his special advisor in the establishment of the modern Saudi Arabian National Guard.[12]

Wikileaks[edit]

On February 8, 2011 The Guardian newspaper published US cables from Saudi Arabia that were obtained by WikiLeaks. The cables were based on a conversation attributed to Dr Sadad Al Husseini in 2007 claiming Dr Husseini thought Aramco’s reserves were overstated by as much as 300 billion barrels.[13] The story gained traction in the press and caused tremendous damage to Dr Husseini’s reputation within the Kingdom. Dr Sadad Al Husseini maintained that the US cable gravely misrepresented his opinion and that the report was full of errors and rooky mistakes including quoting resource figures as reserve figures.Subsequently, Dr Sadad Al Husseini’s firm published a press release on February 9, 2011 in response to the significant errors in the cable and clarified Dr Sadad’s position on Saudi Arabia’s reserves and production capabilities.[14]

References[edit]

  1. ^ AIME, http://www.aimehq.org/programs/award/bio/sadad-i-al-husseini
  2. ^ The Arabian Sun, Vol. LVI, No. 27, July 11, 2001 and New York Times Aug 21
  3. ^ New York Times, Aug. 21, 2005,https://www.nytimes.com/2005/08/21/magazine/the-breaking-point.html
  4. ^ Aramco World Magazine, May–June 1984
  5. ^ The Arabian Sun, November 29, 1989 and AIME, www.aimehq.org
  6. ^ The Arabian Sun, Special Issue Commemorating Saudi Aramco’s 60th Year, May 26, 1993
  7. ^ Al Youm Newspaper, Dammam, March 28, 1987
  8. ^ The Arabian Sun, Special Issue Commemorating Saudi Aramco’s 60th Year, May 26, 1993
  9. ^ The Arabian Sun, September 22, 1998
  10. ^ Miscellaneous Report, Executive Committee, Saudi Arabia Oil Company, February 1991
  11. ^ Shell in the Middle East, No.15 – Oct. 2001
  12. ^ A Soldier in Arabia: A British Military Memoir from Jordan to Saudi Arabia. Author: Nigel Bromage and the WSJ article
  13. ^ The Guardian, February 8, 2011, https://www.theguardian.com/business/2011/feb/08/saudi-oil-reserves-overstated-wikileaks
  14. ^ Husseini Energy website,http://www.husseinienergy.com/media-center/in-the-press/press-release-by-dr-sadad-al-husseini/