The Energy Convergence - GineersNow The Energy Convergence - GineersNow | Page 17

The Energy
Convergence:
Glasspoint Solar
Renewable And
Conventional
Energy
In recent years, GlassPoint Solar has grown
into the leading supplier of solar to the oil and
gas industry. With setups in Oman, Kuwait, the
USA, and China, the company’s vision is to
bri ng to life a dream of converging renewable
and conventional energy. Tested in the harsh
deserts of the Arabian Gulf, the company’s
unique technology is bridging the gap
between fossil fuels and sustainable energy by
harnessing the power of the sun to produce
oil. Driven by innovation, GlassPoint’s proven
proposition has come at the perfect time.
Today, the world remains heavily reliant on
oil as a primary source of energy. Each year,
the global demand for fossil fuels continues
to rise, driving the rapid development of
economies all over the world. The majority
of today’s reserves are comprised of heavy
crude, which is thick and viscous, making
its production a constant challenge for oil
producers. While most prefer to extract
heavy oil using steam flooding as a form of
enhanced oil recovery (EOR), this energy
intensive process burns precious natural gas
and creates high-levels of carbon emissions.
Oil & Gas Leaders • June 2017
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