The Abraham Group, LLC, Join Energy Solutions to Promote Pipeline Safety04/18/06
HOUSTON - April 18, 2006 - Energy Solutions International, the Houston-based leading global supplier of oil and gas pipeline management software, and The Abraham Group, LLC, are pleased to announce that Former U.S. Secretary of Energy Spencer Abraham will be an advisor to Energy Solutions. He will work closely with Energy Solutions' executive management team and board of managers to increase awareness of the environmental impact of pipeline management, specifically leak detection and prevention. In addition, these combined resources will focus on facilitating improved efficiencies and increased revenue for pipeline companies.
"As someone concerned with energy security issues in the U.S. and around the world, it is extremely important to me to ensure that companies involved in energy management and environmental protection, such as Energy Solutions, get the backing they need to be successful," said Spencer Abraham, Chairman and CEO of The Abraham Group LLC.
"Energy Solutions has an impressive proven technology already in production around the globe. I believe the technology will play an increasingly important role in the safe and profitable management of America's oil and gas pipelines. With energy demand at record levels, it is incumbent on the energy industry to be proactive and vigilant on safety and security. In addition, Energy Solution's ability to deliver significant operating efficiency and throughput improvements combine to make an attractive service for customers, and we are excited about working together."
"Energy Solutions has been in the pipeline industry for 30 years," said Al Jacob, Energy Solutions chief executive officer. "Throughout our history, we have been focused on helping pipeline companies accomplish three goals: protect the environment, improve operational efficiencies and increase revenues. The addition of Secretary Abraham to the Energy Solutions team is a very exciting and positive move.
Secretary Abraham's understanding of the crucial elements driving success in the energy business, combined with Energy Solutions' abilities to help turn pipeline data into knowledge, creates a path for pipeline companies all over the world to address the true business issues they face each and every day."
About Energy Solutions International
Energy Solutions International is the leading global supplier of pipeline management software for the oil and gas industry. The company's broad range of integrated products drives excellence in operational efficiency, throughput management, pipeline safety and transaction management. Founded in 1976 and headquartered in Houston, Texas, Energy Solutions serves more than 500 clients in over 70 countries through its offices in the United States, United Kingdom, India, China and Canada. For more information, visit www.energy-solutions.com.
About The Abraham Group, LLC
The Abraham Group, LLC, is a Washington, D.C.-based international strategic consulting firm that specializes in assisting clients seeking opportunities in the energy sector. The firm helps U.S. clients in need of counsel in both domestic and foreign markets, particularly Asia, the Middle East, China, Russia, the Caspian, Latin America, Africa and Europe. The firm also assists foreign companies in the U.S. market.
The firm's Chairman & CEO, Spencer Abraham, served as U.S. Secretary of Energy from 2001 to 2005 and as a U.S. Senator from 1995 to 2001. His partners include Joseph McMonigle, the firm's president, who was former Chief of Staff at the U.S. Department of Energy and Vice Chairman of the International Energy Agency Board of Governors; and Majida Mourad, the firm's vice president, who served as Senior Advisor to the Secretary as a lead Department representative on international energy matters.