• Sami Aita
  • Sami Aita

Sami Aita

Sami Aita, Oilsteam Corporation, Chairman and CEO

Chairman and CEO

Oilsteam Corporation

Sami Aita is Chairman and CEO of Oilsteam Corporation and is based in Toronto. OilSteam offers an affordable and environmentally conscious solution for enhanced oil recovery in small and medium-sized, shallow wells, above 3,000 feet. Using a combination of steam and gas injections, applied through its mobile technology, it offers a new and economically feasible solution to extract more oil in mature wells with declining production. The company has operations in Texas.

Sami established Oilsteam’s corporate infrastructure, including subsidiaries in three U.S. states. He has overseen the successful completion of multiple rounds of live technology testing on oil wells in Texas. He also developed the corporate financing strategy, securing the necessary funds for operations, growth and oil field acquisitions.

Sami is a serial entrepreneur and innovator, with more than 30 years of experience as a top executive in private and public corporations. He is currently also President of MedcomPharma Inc., a distributor and contract manufacturer of Canadian generic pharmaceuticals in the Middle East.

In past roles, he was Chairman and CEO of MedcomSoft Inc.,a health care information systems company, which traded on the Toronto Stock Exchange for more than 10 years and received many top industry technology awards in the United States; President of AMCS (Advanced Medical Computer Systems and Management Inc.); President of the Health Transaction Network(HTN); President of SuperTimeInc.; and CEO of Advanced Health Services Inc.

Sami holds a Medical degree from the University of Montpellier in France and was the founder and CEO of SOSMedecins92, a medical emergency and primary care service in Paris.

Speaking session:

Financing a U.S. operation or acquisition