About The Member
Peter S. Adam is an international business development and strategic planning expert and financier. He is involved primarily in energy and infrastructure-related activities and US Government contracting in the Middle East and Africa.
Mr. Adam spent his formative years in Cairo, Egypt where his father worked for the US government and his mother worked for the United States Information Agency. He was an Arabic Linguist in the US Army and has held management positions with international major oil companies, Exxon Mobil and Chevron Texaco, in Saudi Arabia, the United Arab Emirates, Oman, Jordan, Iraq, East Africa, etc. He has also helped start and worked for various smaller companies and merchant and investment banking concerns in the US.
Mr. Adam has worked in Saudi Arabia for many years. He was an Associate Professor of Finance at the King Fahd University of Petroleum and Minerals (KFUPM) and a Research Economist with the KFUPM Research Institute (KFUPM RI) in Dhahran, KSA. While in Saudi, he performed various consulting assignments for the Ministries of Petroleum, Interior and Planning under the aegis of Prince Abdul-Aziz Bin Salman Al Saud, presently Saudi State Minister for Energy Affairs, (https://en.wikipedia.org/wiki/Abdulaziz_bin_Salman_Al_Saud).
Mr. Adam’s most recent noteworthy accomplishments include:
- Co-founding International Resources Group (IRG), a USAID and DOD contractor – now a subsidiary of RTI, (www.rti.org). IRG is involved in agriculture and food security, climate resilience, water, energy and infrastructure development, natural resource management, conflict resolution and disaster preparedness and recovery in Africa, Asia and Latin America.
- Provision of significant volumes of fuel (approx. $.4B worth) to US military forces in Africa through Defense Logistics Agency (DLA) contracts performed in collaboration with Translux Energy, Dubai, (www.txdubai.com). Translux’s late chairman and CEO, John Samuels, is the principal founder or the Dubai International Financial Center (DIFC) and Koch Industries’ Agent for the Middle East and India. Messrs. Adam and Samuels have also been involved in various oil and gas exploration and energy provision activities in the Middle East, Africa and Asia.