THE PARTNERS

Given our expertise GIOC is highly regarded by major players in the oil and gas industry and we are frequently invited to participate in non-executive capacity on prestigious company Boards of Directors in order to provide strategic direction and governance support.

THE PARTNERS

Dr. Edward T. Saad, Ph.D.
Founder and Chairman

Dr. Saad is a distinguished member of the Oil and Gas community. He is well published and holds patents in Fluid Catalytic Cracking technology.  He founded Gulf Interstate Corporation in 1988 providing technical and commercial consultancy and supply and trading services for crude oil and finished oil products globally, specializing in the Middle East markets.

President and CEO | Gulf Interstate Oil Company, Dubai UAE

Managing Director | Fujairah Saudi Refinery Company, Fujairah, UAE

Technical Advisor | to His Excellency the Governor, Petromin, Kingdom of Saudi Arabia

General Manager | Ashland Oil, Jeddah Kingdom of Saudi Arabia

 

In his role as Managing Director Fujairah Saudi Refinery Company, Dr. Saad represented the Saudi Group of investors in all phases of negotiation, development, financing, treasury and construction of a 100,00 bpd refinery in the Emirate of Fujairah, UAE.  As CEO of Gulf Interstate Dr. Saad built a trading and supply business in petroleum products and crude with a global reach from Europe to Asia with particular focus on Mediterranean, Africa and Middle East.

 

DEGREES AND QUALIFICATIONS

 

Ph.D in Chemical Engineering | University of Kentucky

Masters of Science Chemical Engineering | Massachusetts Institute of Technology

Bachelor of Science in Chemical Engineering | Massachusetts Institute of Technology

Baccalaureate Technique in Industrial Chemistry | Ecole des Arts et Metiers, Beirut, Lebanon

 

PUBLICATIONS AND PATENTS


“The Separation of Clays and Major Minerals in Coal Residues from Coal and Petroleum Solvents,” The Canadian Journal of Chemical Engineering 56, 6, 406-411 (1978).

“The Effect of Oil Types and Additives on the Separation by Flotation of Unconverted Coal and Mineral Matter from Liquefied Products,” Separation Science and Technology 15,3,185-200 (1980).

Two patents on riser cracking and catalyst regeneration in FCC processes (Ashland Oil Corporation)

Christian Tabet
Partner

Christian has over 28 years of experience in the Oil and Gas Industry holding senior leadership roles in the Middle East, Africa, Europe, South Asia and China.

 

Regional President | BP’s Downstream Business in the Middle East Region

Managing Director | Air BP Middle East and Africa.

General Manager | BP Aviation Business Middle East and Africa

Operations Manager | Air BP Middle East.

 

Chris has significant experience in Business Development where he established numerous joint ventures and originated entrance into new markets in the Middle East and Africa. He extensive front-line operations experience in aviation supply chain. Most recently Chris was responsible for establishing a Global Joint Venture with BP’s Chinese partners.

 

Chris retired from BP in 2018 and is retained as a Senior Advisor for BP Ventures.

 

Chris is an Arabist, is fluent in English and German and a knowledge of French. He holds a Bachelor of Science (B.Eng Hons) Degree in Mechanical Engineering from the Imperial College of Science Technology and Medicine, London, England.

James Poletti
Partner

James has 31 years of experience in the Oil and Gasoil Industry with a particular expertise in trading, exposure management, blending, refinery optimization and supply chain optimization.

 

Chief Operating Officer | Ikon Petroleum

BP Book Lead for Trading and Origination | Middle East & Africa

Exxon Mobil Managing Director | Trading and Origination Middle East & Africa

Exxon Mobil Planning Manager | Saudi Aramco Mobil Refinery

Economist | US Federal Reserve Bank

 

James has extensive trading and origination experience in US, Europe, Africa, Middle East and Asia. As COO, James lead trading and operations of the largest private aggregator of oil products in Iraq. In 2019, the group traded 600,000 mt per month of atmospheric residual fuel oil, 100,000 mt per month naphtha and 50,000 bpd of crude. Presently, James is acting as consultant for Ikon to acquire a share of an oil storage terminal in Iraq and is working a refinery upgrading project for Sonangol Iraq. In his roles at BP, James originated all phases of project development of a storage terminal, EMOIL, and product joint venture with Emarat. This venture supplied over fifty percent of the UAE’s domestic requirement for gasoline. At ExxonMobil, James was lead negotiator for the product offtake agreement from Saudi Aramco Mobil Refinery (SAMREF), a 450 kbd refinery located in Yanbu, KSA.  He originated and traded a multi-year 30 million barrel per year product swap with Saudi Aramco and was instrumental in transforming the Fujairah bunker market with the introduction of high viscosity fuel oil from SAMREF.

 

James holds Bachelor of Science degrees in Economics, Chemistry and Computer Science from Villanova University. He also has an MBA from Drexel University and Investment Management certification from London Business School.

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