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Basel Asmar
Director, Upstream Capital and Operating Costs Service, S&P Global Commodity Insights
Basel Asmar is a director at S&P Global Commodity Insights, focusing on upstream exploration and production cost and technology.

Dr. Asmar is an expert in oil and gas fundamentals, cpsts and a dynamic simulation expert with extensive computer, modeling, and simulation skills. He is part of the Upstream Capital and Operating Costs Service team working on consulting assignments, multi-client studies and core research. He leads the Upstream Innovaion Index (UII) service. In prior roles, he led international cost estimating and performance improvement consulting activities. Dr. Asmar has worked with major engineering companies concerned with large LNG regasification and liquefaction terminals, natural gas compression stations, and offshore oil and gas production platforms. Formerly, he was as a senior process engineer and dynamic simulation specialist with CB&I, Mott MacDonald, and IMEG, and a lead consultant with Trident Consultants Ltd, London. Dr. Asmar has published more than 40 articles in international journals, conference proceedings, and newspapers. He has authored two books, 'Fossil Fuels in the Arab World: Facts and Fiction' and 'Fossil Fuels in the Arab World: Seasons Reversed.'

He holds a Bachelor of Science in Chemical Engineering from the University of Jordan, Amman, Jordan, plus a Master of Science in Project and Process Engineering and a Ph.D. in Chemical Engineering from the University of Nottingham, UK, as well as a doctorate from Free University Berlin, Germany in Geoscience. He is a Chartered Engineer, a member of the Institute of Chemical Engineers and a senior member of the American Institute of Chemical Engineers.

Industry expertise
Oil & Gas Upstream
Upstream Costs & Technologies
Areas of interest
Carbon Capture, Utilization and Storage
Energy Geopolitics
Upstream Benchmarking
Upstream Capital and Operating Cost Estimation
Upstream Cost Reduction
Upstream Engineering and Project Management
Upstream Opportunity Screening
Upstream Valuation
Regional focus
English, Arabic
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