Sadad Ibrahim Al Husseini
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".
Summary
Sadad Ibrahim Al Husseini is credited with launching the field modernization and state of art reservoir management and development of Saudi Arabia's giant oil fields, the upgrading of the company's drilling, environmental, and upstream safety standards, the discovery and development of its Paleozoic oil and gas reservoirs, the discovery of its Red Sea oil and condensate fields, 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. 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. 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 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.
On July 30, 2018, Al Husseini said, "Rather than allowing these hostile maneuvers to go unnoticed in the eyes of the world, the Saudi minister has placed Iran's subversions of the whole global economy under the spotlight for everyone to see," "The capture of the port of Hodeidah will go a long way towards putting an end to these disruptions".