kpc news 142
TRANSCRIPT
KPC NEWS
Nizar M. Al-Adsani Chief Executive Of�cer
Dialoguewith CEO
KPC
new
s
I would like to congratulate you on what have been accomplished in the past
days including the step of placing the cornerstone the Nghi Son Refining
and Petrochemical Complex which is built in Vietnam. This project is of
great importance for KPC as it represents a new beginning for prosperity
in the Kuwaiti oil industry. Moreover, it will help achieve several strategic
goals among which penetrating the markets of east Asia which is witnessing
an ostensible growth economically; in addition, the demand on oil and
petroleum products is high in these markets. This will also provide a safe
outlet for nearly 200,000 bpd of Kuwaiti crude oil. It will further reinforce
the international status of KPC as this complex will lead to integration in
the oil industry through combining between the industry of refining and the
industry of petrochemicals.
I would like also to extend appreciation to everyone sought to achieve such
huge project including former ministers, chairpersons and CEOs, as their
devoted efforts led to placing the cornerstone of the project and starting
the actual implementation. These sincere efforts which the officials of the
Kuwaiti oil sector put forth have enabled us to celebrate such gigantic
project which is additional mark in KPC’s history.
I would like further to extend my appreciation to Kuwait’s sincere sons
who work seriously to preserve the country’s resources and develop them to
fulfill the goals of sustainable development which all of us look forward to.
22
It is the pleasure of KPC News staff to extend their heartfelt gratitute to all colleagues who contributed to KPC News past issues. We will be more than happy to receive even more of your contributions and ideas which will further bolster con-structive cooperation and con-tinuous progress.
KPC News Team:Media Relations Dept.
Press & Publications Section Ext. 4785 - 4789 - 4769
Fax: 24994991Email: [email protected]
ContentsContents«November 2013«November 2013
For your Opinions & SuggestionsFor your Opinions & Suggestions
By Al-Khat Printing Press
IssueIssue 142142
1414Al-Shamali receives well-wishers of Eid Al-Adha
HSE holds seminar dubbed ‘The link between nutrition to cancer’
It is the pleasure asustaff to extend tgratitute to all cocontributed to KPissues. We will happy to receive your contributiowhich will furthestructive cooperatinuous progress.
66
HH Prime Minister sponsors KOGS
2 KPC NEWS
HH Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Prime
Minister, inaugurated Kuwait’s 1st Oil and Gas Show and
Conference which was held from 7-10 October, 2013 in
the Regency Hotel and it was organized by Society of Pe-
troleum Engineers in collaboration with a number of Ku-
waiti oil companies.
The inauguration celebration was attended by Deputy Pre-
mier, Minister of Foreign Affairs HE Sheikh Sabah Khalid
Al-Hamad Al-Sabah, HE Deputy Premier, Minister of Oil
Mustapha Al-Shamali, a number of Sheikhs, ministers,
governors and advisors of the Diwan of HH Prime Min-
isters along with OPEC’s Secretary-General Mr. Abdulla
Al-Badri, dignitaries and top officials and experts in oil
and gas industry.
On such occasion, Deputy Premier, Minister of Oil Mus-
tapha Al-Shamali extended his appreciation and gratitude
to HH Sheikh Jaber Al-Mubarak for sponsoring the con-
HH Prime Minister sponsors KOGSference, indicating such patronage stresses the fact that
the Kuwaiti oil sector represents pride for HH the pre-
mier.
The celebration commenced with reciting some
verses from the holy Qur’an. After that, Minister
of Oil gave a speech in which he emphasized
that the State of Kuwait is keen on securing its
oil supplies to the international market as it is
one of the key producers internationally, in-
dicating Kuwait adopts a clear vision aimed
to optimize oil and improve the scientific and
career skills and abilities of personnel besides
providing more job vacancies for youth as well
as fulfilling the concepts of sustainable devel-
opment.
He went on to say that such conference is priceless op-
portunity to bolster collaboration and create an appropriate
investment atmosphere to develop technology and meet
the challenges of oil industry under a reality necessitates
boosting cooperation to guarantee a better future for the
coming generations based on strong economic bases.
Meanwhile, Mr. Nizar Al-Adsani, CEO of Kuwait Petro-
leum Corporation, said the time of convening the confer-
ence is appropriate, as it coincides with the tremendous ef-
forts which the Kuwaiti oil sector puts forth to accomplish
its 2030 strategy which helps Kuwait’s oil industry to oc-
cupy high status internationally and increase the capability
of refineries besides achieving integration between petro-
chemical industry and refining.
Mr. Hashim Hashim, CEO of Kuwait Oil Company, said,
“Our 2030 strategy is aimed at reaching the targeted goals
of productivity and searching for alternative resources of
energy and improving the skills of our personnel; in ad-
I n T h i s I s s u e
KPC NEWS 3
dition to meeting our obligations to-
wards our partners through adopting
balanced and responsible ideologies
and behaviors to fulfill profitability
in liaison with the criteria of health,
safety and environment.”
He also indicated that KOC and Ku-
wait Gulf Oil Company are commit-
ted to the obligation of increasing
productivity to 4 million bpd by 2020
and keep the same level until 2030,
adding KOC managed to increase pro-
duction by 300,000 bpd compared to
the goals allotted in 2010. This level
has provided the company with trust
to be able to produce 4 million bpd by
2020 in cooperation with KGOC.
Furthermore, Mrs. Hosnia Hashim,
Chairperson of Operations at Kuwait
Foreign Petroleum Exploration Com-
pany (KUFPEC), said KOGS high-
lights oil industry whose lifespan in
Kuwait extends to nearly 8 decades;
in addition, it brings 93% of the pub-
lic treasury’s revenues. It is also the
key resource of the Kuwaiti econo-
my.
She emphasized that KOGS has
placed Kuwait among the race of
scientific research and development;
the matter is included among the ini-
tiatives of KPC and its subsidiaries.
Consequently, it has been decided
to hold KOGS in Kuwait every two
years pursuant to KPC’s commit-
ment to provide an appropriate en-
vironment for scientific research and
development in oil industry in the
country.
4 KPC NEWS
E v e n t s
Kuwait Petroleum Interna-
tional (KPI), the exterior arm
of Kuwait Petroleum Corpo-
ration in refining and market-
ing oil, has eventually placed
the cornerstone of Nghni Son
Refining and Petrochemical
Complex in Vietnam during an
official visit paid by His Excel-
lency Deputy Premier, Minister
of Oil, Chairman of KPC’ board
Mustapha Al-Shamali and a high-
level delegation from the Kuwaiti
oil sector from 21-24 October,
2013.
On such occasion, a big celebra-
tion was organized in the site of
the project in Hoa Province in
Vietnam in the presence of Oil
Minister Al-Shamali, the accom-
panying delegation, Kuwait’s am-
bassador to Vietnam HE Hamad
Al-Jetaili, the Vietnam’s Deputy
Premier, members from the Viet-
namese government, representa-
tives from Japan’s Idemitsu Ko-
Al-Shamali and accompanying delegation celebrate new phase of achievements
After taking part in placing the cornerstone of Nghi Son Refining and Petrochemical Complex
san and Mitsui Chemicals Inc.
companies and international oil
experts along with local and inter-
national media.
In his keynote speech in such oc-
casion, which chronicles a new
phase of KPC’s overseas achieve-
ments, Al-Shamali extended his
pleasure over placing the corner-
stone of the project extending at
the same time his appreciation
to HE Vietnamese Prime Minis-
ter and the concerned ministries
along with officials of Hoa Prov-
ince as well as everyone
took part in such essen-
tial project.
Al-Shamali said, “Initiating
the implementation of the project
is a start for a long journey full of
challenges including the phase of
building and constructions as well
as the phase of operating the proj-
ect which is of great importance
for the Kuwaiti government which
considers this project as one of the
important strategic projects that
epitomize the sturdy friendship
and a deep rooted ties between the
Kuwaiti nation and government
with Vietnam and Japan.
He further indicated that the proj-
ect combines the Kuwaiti and Jap-
anese experiences and efficiencies
in refining and petrochemical in-
dustry with the Vietnamese expe-
riences in the oil market.
For his part, Mr. Bakhit Al-Rashi-
di, Chief Executive Officer of
KPI, extended his appreciation
KPC NEWS 5
to the successive oil top officials
of the Kuwaiti oil sector for their
unlimited support for the project
particularly HE former Ministers
of Oil Sheikh Ahmad Al-Abdullah
Al-Sabah and HE Hani Abdulaziz
Hussein along with the successive
CEOs of KPC who have played
a substantial role in supporting
the project since its earlier
phases such as Mr. Farouq
Al-Zanki, Mr. Saad Al-
Shuwaib along with former
Chairman of KPI’s board
Hussein Ismail and other
officials.
He emphasized that the
project has several strate-
gic, economic and social
dimensions among which
providing safe long-term
outlet for marketing the Kuwaiti
crude oil and the petrochemical
projects produced from it; in ad-
dition to providing an opportunity
for the Kuwaiti personnel to ac-
quire practical experience in this
field and reinforcing the Kuwaiti
existence in the international mar-
kets whose demand on oil and its
products is promising and grow-
ing.
Meanwhile, Chairman of KPI’s
board of directors and CEO of
Kuwait National Petroleum Com-
pany (KNPC) Mohammed Ghazi
Al-Mutairi said the inaugura-
tion celebration of this project is
the fruit of devoted efforts since
2008; in addition, it is honor for
KPI’s efforts which were exerted
to achieve an important strategic
goal among its long-term 2030
strategy which focuses on provid-
ing promising and safe outlets in
the Far East for the Kuwaiti crude
oil.
He finally extended
his appreciation to the
members of KPC’s
board of directors de-
scribing them as ‘trea-
sures’ because they
devoted their experi-
ences to serve the sec-
tor, hailing at the same
time Mr. Nizar Al-Ad-
sani, KPC’s CEO, for
his patriotic spirit and insistence
to fulfill an inclusive development
in the Kuwaiti oil sector as well as
achieving its strategic goals.
6 KPC NEWS
E v e n t s
His Excellency Deputy Premier,
Minister of Oil and Chairman of
KPC’s board of directors Mustapha
Al-Shamali received the well-
wishers on Eid Al-Adha occasion
on Sunday October 20, 2013 in the
Diwaniya of the oil sector’s com-
plex.
The top officials of the oil sector
including managing directors, their
deputies of KPC’s subsidiaries and
a large number of employees from
the Kuwaiti oil sector were keen on
attending the reception party.
It is noteworthy that Al-Shamali
was keen on welcoming the atten-
dants personally and exchanging
well-wishes with them.
Al-Shamali receives well-wishers of Eid Al-Adha
y , g p y
KPC NEWS 7
HE Deputy Premier, Minister of
Oil and Chairman of KPC’s board
of directors Mustapha Al-Shamali,
accompanied by a delegation from
KPC including Mr. Bader Al-Shar-
rad, Acting CEO of KPC, Mr. Mo-
hammed Al-Farhoud, Managing
Director of Planning and Finance,
and Mrs. Wafaa Al-Zaabi, DMD
of Planning, visited Kuwait Gulf
Oil Company (KGOC) on Tuesday
October 1, 2013 to follow up the
latest developments in production
operations in Al-Wafra and Al-
Khafji.
The minister and the accompany-
ing delegation were received by
CEO of KGOC Mr. Ali Al-Shim-
mari, his deputies and a number of
senior officials.
Mr. Mubarak Al-Hajeri, Manager of
Planning Group in KGOC, briefed
the minister and the accompanying
delegation on the activities of the
Al-Shamali visits KGOC to check production operations in Al-Wafra and Al-Khafji
company in the Divided Zone and
the joint operations which are car-
ried out in collaboration with the
Saudi side; besides highlighting
the company’s strategic plan for
2030 and the mechanism of imple-
menting it.
Al-Shamali applauded the mecha-
nism which the company has al-
lotted to carry out its future plans,
hailing the diligent efforts exerted
by KGOC’s personnel.
Meanwhile, Al-Shimmari hailed
the minister’s visit which empha-
sizes the higher administration’s
keenness on following up the prog-
ress in the Kuwaiti oil sector, hail-
ing at the same time the unlimited
support which KPC provides to its
subsidiaries.
8 KPC NEWS
E v e n t s
His Excellency Deputy Premier,
Minister of Oil, Chairman of KPC’s
board of directors, Mustapha Al-
Shamali received in his office in
the oil sector’s complex HE Ghas-
san Al-Zawawri, Kuwait’s ambas-
sador to Iraq on Monday Septem-
ber 30, 2013.
They exchanged cordial talks and
tackled issues regarding oil and
energy.
Oil Minister receives Kuwait’s ambassador to Iraq
Mr. Nizar Al-Adsani, Chief Executive Officer of
Kuwait Petroleum Corporation, received in his of-
fice in the oil sector’s complex His Excellency am-
bassador of Liberia to Kuwait Konah Blackett on
Tuesday October 8, 2013.
They discussed the latest developments on the inter-
national oil markets and tackled the ways of boosting
relations between KPC and Liberia in oil field.
CEO receives ambassador of Liberia to Kuwait
KPC NEWS 9
Al-Obeid receives US Undersecretary of Commerce Department
Mr. Ali Al-Obeid, Managing Direc-
tor of Corporate Relations & IT at
KPC, received US Undersecretary
of Commerce Department for In-
ternational Relations Mr. Francisco
Sanchez and the accompanying dele-
gation in the Diwaniya of the oil sec-
tor’s complex on October 2, 2013.
The meeting was attended by a num-
ber of officials from Kuwait Petro-
leum Corporation besides Sheikh
Faisal Al-Jaber Al-Sabah, Deputy
Managing Director of Relations and
IT and the American ambassador to
Kuwait HE Matthew Tueller.
They exchanged cordial talks and
discussed the latest developments in
the international oil markets; besides
tackling the ways of reinforcing bi-
lateral relations between the two
countries.
10 KPC NEWS
E v e n t s
Under the patronage of HH Prime
Minister Sheikh Jaber Al-Mubarak
Al-Hamad Al-Sabah and in par-
ticipation of KPC, the activities
of Annual Conference of the Na-
tional Union of the Kuwaiti Stu-
dents - UK and Ireland branch en-
titled “We make homeland by our
hands” were launched from 25-27,
October 2013 in London.
In his inaugural speech, HE Ku-
wait’s ambassador to the United
Kingdom (UK) Khalid Abdulaziz
Al-Dowaisan conveyed the greet-
ings of HH Prime Minister Sheikh
Jaber Al-Mubarak Al-Sabah to the
female and male students express-
ing his delight over his participa-
tion in such conference.
He said, “The actual resource for
Kuwait is investing in its sons’ ed-
ucation whether inside the country
or in Arab and foreign universities,
as they will continue the journey
of construction and development
in the country in the future. Ku-
wait has been keen since its inde-
pendence on building the Kuwaiti
man through supporting and en-
couraging all phases of education.
Consequently, it has established
several schools and institutes in
different areas in the country; in
addition, it has doubled their num-
bers.”
Meanwhile, Head of Students’
Union in UK and Ireland Ali Al-
Kandari welcomed the attendants
thanking at the same time in the
name of all students HH the Prime
Minister for sponsoring the an-
nual students’ conference, indi-
cating such conference reinforces
the relation between the Kuwaiti
students and the ministries and
boosts the relation among students
themselves.
It is worth mentioning that KPC
took part in the conference with a
distinguished booth applauded by
the students and the conferees. In
addition, KPC’s delegation which
was headed by Sheikh Faisal Al-
Jaber Al-Sabah, Deputy Managing
Director of Relations and IT Sec-
tor, was keen on highlighting the
corporation’s strategy regarding
human resource. He also replied to
inquiries and questions posed by
the students and the participants.
Students were briefed about achievements of KPC & subsidiaries it sponsors activities of Annual Conference of the National Union of the Kuwaiti Students - UK and Ireland branch
KPC NEWS 11
Relations and Information Tech-
nology Sector at KPC launched
the program of applying the 2030
strategic directions regarding com-
munications from 27-31 October,
2013. Accordingly, the sector has
organized media training program
composed of four specialized
training courses in collaboration
with Training Sector in KPC in an
aim to improve the efficiency of
the employees of Public Relations
and Media in KPC and its subsid-
iaries.
The first training course entitled
“Social Media” threw light on the
ways of utilizing the social com-
munication channels particularly
the most common ones such as
Facebook and Twitter to boost the
image of KPC. It focused also on
the key factors of achieving suc-
cess and improving performance.
For his part, Ali Al-Obeid, Man-
aging Director of Relations and
Information Technology, Head of
Higher Committee of Communi-
cation, said KPC has allotted ma-
jor goals through its strategy on
top of which improving the train-
ing efficiencies in specialized me-
dia fields. This has been initially
applied on Public Relations and
Media to qualify the employees
to take on the responsibility of
work and cope with the incessant
changes of the oil media field as
well as applying the requirements
of media strategy proficiently.
Meanwhile, Sheikh Faisal Al-Jab-
er Al-Sabah, Deputy Managing
Director of Relations and Infor-
mation Technology at KPC, hailed
the devoted efforts put forth by
Human Resources Sector at KPC
for organizing such distinguished
training program in collaboration
with British Blue Wood Company
which is ranked as one of the best
five training companies all over
the world.
It is worth mentioning that the
training program includes also in-
tensified training courses concern-
ing successful and effective media
and marketing campaigns and
how to conduct them, the way of
editing oil reports and the modern
directions applied in the interna-
tional oil publications.
It launches program regarding the 2030 strategic directions of communications
Relations & IT Sector ... new vision
12 KPC NEWS
Kuwait Petroleum Corporation
represented by International Mar-
keting Sector along with Planning
and Finance Sector organized in col-
laboration with Royal Dutch Shell
a workshop themed “Establishing,
Managing and Operating Piers of
Importing and Vaporizing LNG” on
Thursday September 26, 2013 in the
Diwaniya of the oil sector.
The workshop threw light on the var-
ious ways of establishing, managing
and operating the piers of importing
and vaporizing Liquefied Natural
Gas (LNG); besides underlining the
latest developments in such industry.
A large number of concerned offi-
cials from KPC, Kuwait Oil Compa-
ny (KOC) and Kuwait National Pe-
troleum Company (KNPC) besides
experts from Shell attended the
workshop.
Kuwait Petrole m Corporation
In presence of experts from Royal Dutch Shell
KPC organizes workshop on gas stations
E v e n t s
KPC NEWS 13
International Marketing Sector at KPC organized a
workshop entited ‘Fluctuations of Prices of Crude Oil
and Gas & Margins Profits of Refining Operations’ on
Sunday October 6, 2013 in Al-Rawdhatain Hall in KPC.
Mr. Paul Cheng, Oil Expert from McKinsey & Company
Consulting Firm, gave a lecture in the workshop in which
he highlighted the ways of dealing with the fluctuations
of prices of crude oil and gas; in addition to the changes
of the margins profits of refining operations. Add to this
the indexes of oil industry’s risks.
Organized by International Marketing Sector
Workshop on fluctuation of prices of oil and gas
International Marketing Sector abides farewell to Qahtan Al-AbdulkarimInternational Marketing Sector at
KPC held an honoring celebration
for Mr. Qahtan Al-Abdulkarim, Man-
ager of Marine Department which
is one the sector’s departments, on
Tuesday October 8, 2013 at the oil
sector’s headquarters.
The honoring celebration is held as an
appreciation for the tremendous and
diligent efforts which Al-Abdulkar-
im, who has moved now to Kuwait
Oil Tanker Company, exerted during
his work in KPC.
For his part, Al-Abdulkarim ex-
tended his gratitude and apprecia-
tion to his colleagues in the sector,
indicating that the true honoring for
any person is epitomized in gaining
people’s respect and appreciation as
well as the good memories he leaves
to them. He added the person can
serve his country from any position
provided he should work devotedly
to improve the level of service he
presents through his work.
A number of the employees and col-
leagues attended the celebration be-
sides Mr. Nabil Bouresli, Managing
Director of International Marketing
Sector, Mr. Waleed Al-Bader, Depu-
ty Managing Director of Marketing
Operations, and Mrs. Ghadeer Al-
Qadfan, Manager of Planning.
14 KPC NEWS
H e a l t h
Health, Safety, Security and Environment (HSSE) at
Kuwait Petroleum Corporation organized a seminar en-
titled ‘The link between nutrition to cancer’ on Tuesday
October 22, 2013 at the auditorium of the oil sector’s
complex.
For her part, Mrs. Thuriya Al-Boloshi, from Health Min-
istry, threw light on the most important food which the
person should have daily. She also highlighted the ways
of prevention from cancer, clarifying that people adopt
some wrong habits which influence negatively health
and lead to cancer such as wrong nutrition, having pol-
luted water, alcoholic drinks, exposing to burning sun-
rays; besides other elements among which obesity and
smoking.
She stressed the importance of adopting healthy life-
style which depends basically on vegetarian nutrition,
warning from having much quantities of red meat as it
increases the possibility of being infected with cancer.
She also stressed the necessity of changing the cooking
oil which is used to fry food; almost after twice usages
maximum.
She further advised attendants to avoid having sated fats
which lead to obesity and causes in turn several kinds
of cancers such as breast cancer, uterus cancer and renal
cancer.
At the end of the seminar, Al-Boloshi bid the concerned
authorities to establish clinics to protect from obesity
in all state ministries, urging the attendants at the same
time to practice sports for 30 minutes minimum daily
and give up smoking.
Given by Thuriya Al-Boloshi
HSE holds seminar dubbed ‘The link between nutrition to cancer’
KPC NEWS 15
GCNƒcº / NÉdó Gd©Ñ«ó
WHDKPC marks
Under the slogan ‘Take the road to
a healthy heart’, Kuwait Petroleum
Corporation held a celebration to
mark World Heart Day on Sunday
September 29, 2013 in the audito-
rium of the oil sector.
Mr. Mohammed Al-Farhoud, Man-
aging Director of Planning and Fi-
nance at KPC, emphasized in his
speech that KPC is keen on provid-
ing healthy programs and periodical
medical examinations to its person-
nel to preserve their health, indicating
the corporation won several awards
in the field of health, safety and en-
vironment among which ROSPA and
the award of British Safety Council.
The celebration included four lec-
tures given by Dr. Abdullatif Al-
Mor, Health Consultant in KPC,
Dr. Ahmad Al-Shatti, Career Health
Consultant at Kuwait Oil Compa-
ny, Dr. Mousa Al-Jowaiser, Family
Medicine Consultant, and Dr. En-
tisar Al-Hendal, Family Medicine
Physician.
It is worth mentioning that the cel-
ebration was attended by represen-
tatives from oil companies and per-
sonnel from KPC.
16 KPC NEWS
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Planning and Career Development
Hesham Al-Rashoud
Consolidation & Group Reporting
Fahad Al- Shubaili
Recruitment & Employee Benefits
Faisal Ali Al-Sabah
Government & Parliament Relations
Manahel Al- Mesbah
Chairman’s Office
Fatemah Al- Askari
Market Research
Ahmed Al-Jabri
Training
Mohammed Al- Musallam
Public Relations
Mohammed Al-Azmi
Media Relations
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Mohammed Ibraheem Al- Rashed
Corporate Internal Audit KNPC Unit