SPE Distinguished Lecturer – Entrepreneurship in the Transitioning Oilfield
Petrom City 18 Oct 2022, from 1:00 pm - 3:00 pm
Dear members, you are invited to attend in person the next SPE Distinguished Lecturer event “Entrepreneurship in the Transitioning Oilfield” presented by Mr. Omar Abou-Sayed.
Date: Tuesday, October 18
Venue: Petrom City, Coralilor 22, Bucharest
Please fill in this FORM if you intend to attend the event.
Building an entrepreneurial venture is a challenge underestimated by most founders. During periods of stability within a given industry, founders face the normal stresses that come from building a startup: a lack of resources, having to serve in multiple functional roles, powerful customers, unclear business model, loneliness, stress to personal finances, and more. During periods of substantial upheaval, as the oil and gas industry is facing today, the challenges – and the rewards – can be even greater. This lecture will equip attendees with a thorough understanding of how to build a successful entrepreneurial venture during this time of energy transition. Core universal concepts applicable to creating a successful startup will be presented, while industry-specific trends will be explored to highlight areas that are ripe for innovation. At the end of the lecture, attendees should have a grounding in how to approach building a successful startup during this period of intense transition in the oilfield.
Omar Abou-Sayed’s experience spans the global energy, chemicals, oilfield services, and clean tech industries. He has worked in a variety of engineering, business, and leadership roles within SuperMajors, management consulting firms, private equity funds, and venture-backed startups. He currently serves as CEO of Advantek Waste Management
Services, a private equity-backed industrial waste management company. He advises or has invested in nearly a dozen early-stage companies and venture funds. Omar holds a Bachelor of Science degree in Mechanical Engineering from the University of Texas at Austin, and an MBA from the Harvard Business School.