Data Gumbo Hires New Chief Commercial Officer

Sergio A. Tuberquia, Alum of GE Oil & Gas, Newest Addition to the Blockchain-as-a-Service, Oil & Gas Smart Contracts Company

HOUSTON–(BUSINESS WIRE)–#blockchainData Gumbo Corp., a Houston-based technology company that has developed a Blockchain-as-a-Service (BaaS) platform to streamline smart contracts management for industrial customers, today announced the hiring of Sergio A. Tuberquia as its new Chief Commercial Officer. With more than 20 years experience in enterprise software sales, and architecting and implementing Smart Oilfield solutions, Tuberquia joins Data Gumbo on the heels of its recent $6M Series A equity funding round co-led by Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator.

“As our new capital is being used to expand our commercial blockchain network, we are also expanding our internal teams to support our rapid global growth,” said Andrew Bruce, Chief Executive Officer of Data Gumbo. “With Sergio joining to lead revenue efforts, this will further our company’s mission to help oil and gas companies – and ultimately all industries – realize greater efficiencies and cost savings in the supply chain. Sergio’s mix of startup technology and oil and gas industry experience will greatly benefit Data Gumbo and its customers as the industry moves into digital oilfield solutions like blockchain.”

Prior to Data Gumbo, Tuberquia was founder and CEO of Equipcast, a machine learning-based smart oilfield solution that provides production optimization. Before Equipcast, Tuberquia led the go-to-market strategy for GE Oil & Gas Predix-based Field Vantage Solutions Americas, GE Intelligent Platforms for Oil & Gas, and Rolls-Royce Gas Turbine Systems PEHM (Predictive Equipment Health Management) for Oil & Gas, implementing one of the industry’s first offshore smart oilfield reliability-centered solutions. As well, Tuberquia implemented the first-in-kind Digital Offshore project that delivered 20-25 percent reduction in lost production volume at Rolls-Royce Gas Turbine Systems, and participated in key growth areas of a dot.com startup that had an exit of $255 million at PentaSafe. He is an active member of the Society of Petroleum Engineers and the International Association of Drilling Contractors.

“Data Gumbo enabled the first application of blockchain technology in the offshore drilling industry, and is full steam ahead to continue to improve the bottom line of oil and gas companies with application of our BaaS network,” said Tuberquia. “I’m looking forward to working with Data Gumbo, the premier innovators in the oil and gas industry dedicated to breaking new digital ground in the supply chain.”

About Data Gumbo

Data Gumbo is the Blockchain-as-a-Service (BaaS) company creating a massively interconnected blockchain network for industrial companies, including oil and gas. The company is headquartered in Houston, Texas, and Data Gumbo AS is a subsidiary with offices in Stavanger, Norway. The company was named Most Promising Energy and Clean Technology Company at the 16th Annual Energy & Clean Technology Venture Forum in 2018. For more information, visit www.datagumbo.com, and follow on LinkedIn, Twitter @DataGumbo, and Facebook.

Contacts

Gina Manassero

Data Gumbo

512-553-2387

[email protected]

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