LAS VEGAS, NV–(Marketwired – February 15, 2018) – Vivakor Inc. (OTC PINK: VIVK) announced today that Vivakor Middle East, based in Doha, Qatar has been engaged by The Energy Resource Institute (TERI) to complete a remediation contract for Kuwait Oil Company (KOC).
Vivakor Middle East will provide advanced technological oil-separation resources to KOC through TERI. The project is located in Kuwait at the existing TERI contracted site. The materials processed at this site are from the Kuwait Environmental Remediation Program (KERP) project; a UN funded project for cleaning up oil spilled due to the Iraqi invasion back in 1991. Most of the material to be processed by Vivakor will be weathered crude with significant oil content contained therein.
Garen Kolajian, General Manager of Vivakor Middle East, stated, “This is a significant opportunity for Vivakor Middle East as we are able to provide a solution to a serious problem that has, until now been un-solvable. We look forward to providing confidence to the Gulf Coast region and the rest of the globe that our proprietary technology can have a significant effect on our lives and restore beauty back into the world. Ultimately, this enables the Kuwaiti’s to put this dark history that has impacted so many to rest.”
Vivakor Chairman and CEO Matt Nicosia said, “The relationship with Dr. Khalid in the Middle East is a very important focus for the Company with the positive impact of our technology. We look forward to working with TERI and the enormous task of solving these complex issues within the region.”
Vivakor is an asset acquisition company that procures, develops and commercializes revenue producing assets across the globe. These holdings include intellectual properties that are proprietary and largely disruptive while centered principally in the natural resources sector.
ABOUT VIVAKOR, INC.
For more information, please visit www.vivakor.com.
This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
LAS VEGAS, NV–(Marketwired – March 17, 2016) – Vivakor Inc. (OTC PINK: VIVK) announces today that it has appointed a new advisor to Vivakor, Inc.
Vivakor, an asset acquisition company focused on Natural Resources, specifically Precious Metals and Energy related projects across the globe, today is pleased to announce the appointment of Dr. Khalid Bin Jabor Al Thani to its Advisory Board effective March 1, 2016. He is also a board member of VivaVentures Energy Group Middle East (VVEG-ME) with offices in Doha, Qatar. This partnership was consummated back in 2015.
Dr. Khalid brings a host of accolades and accomplishments to the Company. He is the Founder and Chairman of the Qatar Cancer Society, and he has served as its Chairman since its inception in 1997. He has also served as Chairman of the Gulf Union Against Cancer since 2000. In addition to his work with the Qatar Cancer Society and the Gulf Union Against Cancer, Dr. Khalid also served as the Vice Chairman of the National Health Authority, which replaced the Ministry of Public Health in Qatar.
Dr. Khalid graduated from Nova Southeastern University in Ft. Lauderdale, FL, with a Masters of Health Care Administration. His emphasis is in both planning and budgeting.
A medical doctor with a Bachelor of Medicine and Bachelor of Surgery from King Faisal University (Saudi Arabia), Dr. Khalid worked briefly as a junior physician at Hamad Medical Corporation. Upon returning from the United States, he joined Hamad Medical Corporation as Assistant Medical Director and was then appointed Assistant Undersecretary for the Ministry of Public Health. In 1996, he was appointed Undersecretary, and he served as the Vice Chairman and Managing Director of Hamad Medical Corporation.
In addition to serving as Undersecretary for the Ministry of Public Health in Qatar, Dr. Khalid left government service for private business in 1998. He served on the Board of the Supreme Council for Family Affairs, which is Chaired by HH Sheikha Moza Bint Nasser Al-Misnad, and he serves as Chairman of the Elderly Committee.
Also, Dr. Khalid is Vice Chairman of the Permanent Election Committee. In this function, he plays a major role in empowering women, and he encourages public awareness and participation in the municipal council and in the parliamentary elections, which took place for the first time in the State of Qatar in 1989.
Dr. Khalid also serves on the board of the Shafallah Center for Children with Special Needs and is in charge of its Genetic Center. Furthermore, he the Vice Chair and the Managing Director of the Qatar Technical Inspection Company. He also served as the Chairman of Qatar Foundation for the Elderly until 2014. Over the years he has received a multitude of awards for his humanitarian efforts. He is a proud family man with his wife and children.
VVEG will call upon Dr. Khalid’s expertise and vast global experience as it further positions itself in the Energy sector abroad. Vivakor’s intellectual properties are proprietary and proving industry disruptive with a low cost basis in their operational model in their respective natural resources space. The Company focus is primarily in Precious metal and oil extraction from the oil sands rich area in Eastern Utah. The Company announced in 2015 that it is also utilizing its energy technology to work with companies for remediation and reclamation of contaminated soil affected by oil spills.
ABOUT VIVAKOR, INC.
For more information, please visit www.vivakor.com.
This press release may contain forward-looking statements, including, but not limited to, statements regarding Vivakor’s products and their related market potential. Forward-looking statements may be identified by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Vivakor undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.