Finance Sector revives the proposal of
“We never accept but leadership”
Issue
152
news
KPC
Dialogue
Faisal Jaber Al-Ahmad Al-Sabah
Deputy Managing Director, Relations & IT
I would like to extend my pleasure over the ostensible success which KPC recent
blood donation campaign has achieved. This campaign which is entitled “Donate
and save a life” epitomized the principle of actual partnership and collaboration
between KPC and the various government authorities. In addition, it has
demonstrated the principle of altruism which the employees of the Kuwaiti oil
sector adopts. This principle is embodied in each activity or task they shoulder
starting from their diligent efforts in exploration, production, and refining fields
besides the field of exporting to reinforce the status of the State of Kuwait as a
major reliable oil exporter.
This campaign has further epitomized our belief in the importance of applying the
concepts of social responsibility which have become one of the necessary supports in
societies, as they are considered effective ways to accomplish individual and social
progress. In addition, the actual value of an individual in his society is estimated
by his commitment to the responsibility that he undertakes towards himself and
others. The social responsibility means the individual’s awareness towards the
personal and social duty, as such awareness is key pivot in the concepts of social
responsibility.
Indisputably, the key of success and growth of any economic institution is adherently
linked to the ability of realizing the importance of the social responsibility which is
in turn connected to a number of sublime humanitarian values and criteria among
which solidarity and patriotism towards any activity related to the corporation.
Consequently, we hope to put forth more diligent effort to optimize this humanitarian
value which is a cornerstone in the development and prosperity of the corporation.
KPC NEWS
Contents
«September 2014
Issue 152
Mission
Al-Omair receives
well-wishers in oil
sector’s complex
2
Al-Omair meets
with Yemeni
Undersecretary of
Oil and Minerals
Ministry
4
KPC keeps
supporting Blood
Bank
10
Ali Al-Obaid:
Sponsoring Diving
Expedition reflects
deep belief in
necessarily applying
concepts of social
responsibility
12
For your Opinions & Suggestions
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 constructive cooperation and continuous progress.
Kuwait Petroleum Corporation (KPC) is a
corporation of economic character, run on
a commercial basis and fully owned by the
State. It is one of the world’s major oil &
gas companies and its activities are focused
on petroleum exploration and production,
refining, marketing, petrochemicals, and
transport. KPC’s mission is to manage and
operate these integrated activities worldwide
in the most efficient and professional manner,
in addition to growing shareholder value
whilst ensuring the optimum exploitation of
Kuwait hydrocarbon resources.
Vision
KPC future vision is based on the following
items:
• Be a highly profitable and performance
driven company.
• Contribute significantly to the support and
development of the Kuwaiti economy.
• Strengthen the world class reputation of all
KPC operations.
• Encourage continuous learning in all areas
related to KPC’s business.
• Become a regional leader in HSE
performance and apply the latest and the
most appropriate technologies in KPC’s
operations.
Values
KPC seeks diligently to accomplish a number
of values as follows:
• Motivating Environment
• Customer Satisfaction
• Teamwork
• Trust
• Commitment to HSE
• Honesty, Integrity and Transparency
• Quality and Excellence
• Innovation/ Responsiveness
KPC News Team:
Public & Media Relations Dept.
Press & Publications Section
Ext. 4785 - 4789 - 4769
Fax: 24994991
Email: [email protected]
By
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Al-Omair receives well-wishers in oil sector’s complex
His Excellency Minister of Oil, State Minister for Parliament Affairs, and Chairman of KPC board of directors Dr.
Ali Saleh Al-Omair received well-wishers from the Kuwaiti
2
KPC NEWS
oil sector on top of them Mr. Nizar Al-Adsani, CEO of KPC,
CEOs of the Kuwaiti oil companies, their deputies and managers along with dignitaries and media practitioners in the
Diwaniya of the oil sector’s complex on Sunday August 3,
2014 on the occasion of Eid Al-Fitr.
The minister personally welcomed the attendees and exchanged congratulations and cordial talks with them.
KPC NEWS
3
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It includes members of Kuwaiti-Yemeni joint technical committee
Al-Omair meets with Yemeni Undersecretary of Oil
and Minerals Ministry
His Excellency Minister of Oil, State Minister for Parliament Affairs and Chairman of KPC board of directors Dr.
Ali Al-Omair met in his office on Tuesday August 19, 2014
with His Excellency Yemeni Undersecretary of Oil and
Minerals Ministry Shawki Al-Mekhlaf and the accompanying delegations.
The meeting which extended to some hours tackled the horizons of common collaboration between the two countries; in
addition to the ways of reinforcing Kuwait Petroleum Corporation’s (KPC) investments in Yemen and the future vision of
4
KPC NEWS
developing the bilateral relations between the countries. The
meeting highlighted also a number of developments and challenges on the oil arena, and common viewpoints in this domain.
It is worth mentioning that members of the Kuwaiti-Yemeni
Join Technical Committee attended the meeting. Moreover,
Mr. Waleed Al-Bader, Acting Managing Director of International Marketing Sector at KPC, Ms. Nawal Al-Fezai, Assistant Undersecretary for Economic Affairs at Ministry of
Oil, and a number of officials from the Kuwaiti oil sector
represented the Kuwaiti side during the meeting.
Bouresli recieves South Korean Counsellor of
Friendly atmospheres in oil sector’s Ramadan Ghabqa
Economic & Commercial Affairs
Mr. Nabil Bouresli, Acting Chief Executive Officer of KPC,
received His Excellency Kim Hunjung, Counsellor of Economic and Commercial Affairs at the embassy of the Republic
of South Korea in Kuwait on Sunday August 17, 2014.
They exchanged viewpoints regarding several economic issues
of mutual concern; in addition, they tackled the positions of
the international oil market and ways of underpinning bilateral
collaboration between the two the countries in oil and gas field.
…and he receives Mexico’s ambassador
Mr. Nabil Bouresli, Acting Chief Executive Officer of KPC,
received in his office His Excellency Carlos Alberto Gonzales, ambassador of Mexico to the State of Kuwait, on Tuesday August 19, 2014.
They tackled ways of underpinning bilateral relations in oil
and gas field; in addition, they discussed the positions of the
international oil market.
KPC NEWS
5
International Marketing
Kuwait’s oil exports increased by 100% for 10 years
Nasser Al-Mudhaf: It is a strategic contract…
China is our new market
Kuwait Petroleum Corporation has recently signed a strategic contract with China International Petroleum Co to provide the latter with 300,000 bpd of crude oil for ten years
starting August 2014.
Mr. Nasser Al-Mudhaf, Managing Director of International
Marketing Sector at KPC, said this contract comes into effect instead of the old contract which obligated Kuwait to
export nearly from 160,000 up to 170,000 bpd to China. He
emphasized that this new contract is strategic and it is signed
in a timely manner since it is the first contract endorsed in
liaison with ‘C & F” system which necessitates using the
Kuwaiti tankers to transport the Kuwaiti crude oil to China;
the matter will ease the processes of operation, production
and export.
6
KPC NEWS
He indicated that the contract is approved in accordance
with the commercial conditions, which guarantee KPC
rights, and the international oil prices, clarifying that the
contract is the first of its kind in terms of the long-term contracts which China legally licenses. Thus, KPC is considered the first oil company signs such kind of contracts with
the Chinese government.
“The changes have occurred in the oil markets which Kuwait used to export crude oil through “C & F” system made
these markets almost closed. Accordingly, KPC sought to
acquire new investment opportunities,” noted he.
He further added that China is our new market; therefore
KPC has put it on the top of the list of its priorities; thus,
this contract is considered one of the most important crude
oil contracts for the corporation.”
While receiving delegation from Brazilian-based Vale Co
Salah Al-Sabah: We're proud of being the first GCC oil
institution penetrating the Brazilian untraditional market
Mr. Emad Al-Abdulkarim, Deputy Managing Director of
International Marketing Sector at KPC, received a delegation from Brazilian-based Vale Company, which is considered one of the biggest Brazilian companies in terms of consuming sulfur locally, on Thursday August 21, 2014 in the
presence of a number of employees from the sector.
For his part, Sheikh Salah Al-Sabah, Manager of Fuel Oil,
Special Products and Bunker Sales, declared that the contract, which International Marketing Sector signed with
Vale Co to provide the latter with sulfur, is classified among
the contracts of “challenge”, as it managed to open new
markets for the Kuwaiti petroleum products. He added that
KPC, thanks to such contract, is considered the first Gulf
company that penetrates the oil markets of Latin America.
He emphasized that such contract, which was signed with
Vale Co in April, 2013, is the fruit of diligent efforts exerted
devotedly by the sector’s employees who managed to convince the representatives of Vale with the high quality of the
Kuwaiti products and its fair prices.
The visit is in response to an invitation submitted to Vale Co
to be acquainted with the latest developments in the Kuwaiti
oil industry; in addition to allotting future visions to boost
the bilateral collaboration between KPC and Vale Co particularly under the difference of administrative and financial
systems of KPC and Vale Co.
It is worth mentioning that Vale Co is a global mining company, and it is the second largest nickel producer in the
world. It produces also copper, coal, fertilizers, manganese,
iron core, cobalt and platinum group metals. It is further investing in logistics and energy.
KPC NEWS
7
In This Issue
Finance Sector revives the proposal of
“We never accept but leadership”
Majid Al-Otaibi:
We conduct analytic studies for
the existing activities in Finance
Affairs Sector to improve
performance and productivity
It is not easy for any institution to achieve leadership in its
field because this objective necessitates adopting several
procedures among which developing the administrative and
financial systems which are applied in these institutions and
corporations. As Kuwait Petroleum Corporation is one of
the big companies which look forward to boosting its status
in all fields, the Managing Director of Finance and Administrative Affairs Sector at KPC decided in 2008 to launch a
proposal entitled “We never accept but leadership” to improve the level of the sector’s performance.
Accordingly, a team was formed from the sector’s employees as per the administrative decision no 9/2008 which was
issued on March 9, 2008. The team is tasked with reviewing
the work system of each department of the sector; besides
identifying the points of weakness and strength in byelaws
and regulations to pave the way to allotting appropriate solutions to handle them and improve performance and productivity of the sector.
The team immediately commenced its duties and achieved
them efficiently, and then it issued on June 15, 2008 its report
in which it submitted a number of commendations which
help achieve the sector’s goals. In addition, it launched an
electronic website to highlight the achievements which have
been fulfilled at that time.
After separating Administrative Affairs from Finance, Managing Director of Finance issued the administrative decision
no 1/2014 to form a team headed by Mr. Majid Al-Otaibi,
8
KPC NEWS
Manager of developing the private sector’s participation so
as to resume the proposal of “We never accept but leadership” and implement the commendations posed by the committee which was formed in 2008.
It is worth mentioning that the team includes in its membership Mrs. Maisem Al-Ghanim, Team Leader of Budget
and Group Report, Mr. Faisal Karkari, Senior Analyst of
Development and Financial Support, and Mr. Bader AlWazan, Senior Analyst of Risk. It also includes Mr. Nasser
Al-Enezi, Senior Analyst of Budget and Group Reports, Mr.
Sa’ed Awadh, Senior Analyst of Investment Portfolios, and
Mr. Saad Al-Hassawi, Accountant of Public Accounts.
With reference to the team which is tasked with studying
the activities of Finance Sector and its goals, Mr. Majid
Al-Otaibi said that the key goal of forming such team is to
improve the performance and productivity of the sector to
achieve leadership and excellence leaning on the positive
results of the first phase of the proposal.
As for the specifications of the team and tasks which it undertakes, Al-Otaibi clarified that the team is in charge of fulfilling the following tasks:
• Reviewing the activities of each group and put them in
order in terms of priority to handle them.
• I dentifying the points of weakness and shortage in each activity.
• Allotting appropriate visions and solutions to handle these
points of weakness and shortage to improve performance
and productivity.
• Launching a media campaign to increase awareness on the
project through conducting workshops and introductory
bulletins.
He pointed out that the team started holding its meetings
weekly on May 22, 2014; in addition, it tackled the plans
which have been allotted to achieve the required tasks, adding the team held a number of symposiums in participation
with managers of the sector’s various departments and team
leaders of each department. These symposiums yielded a
number of important results that will take part in developing
and improving performance of the sector and its departments.
As for the procedures that the team has followed up, AlOtaibi summed them up in the following points:
• The team reviewed accurately the previous commendations which included Finance and Administrative Affairs
Sector at that time.
• It identified the commendations which Finance Sector has
to carry out directly.
• It focused on the commendations that help Finance Sector
to achieve leadership in its activities and services which it
provides perfectly.
• It modified the team’s slogan ‘We never accept but leadership’ and generalized it to the sector’s employees to use in
all internal correspondences, publications and pamphlets
which are issued by the departments which are affiliated to
Finance Affairs Sector.
• It activated the email service – [email protected] – to
receive suggestions from KPC employees to improve and
develop services.
• It activated also its website which includes all correspondences and reports; i.e., http://cisweb.kpc.com.kw/personal/kih/RiyadaMedia/default.aspx
New commendations
Al-Otaibi emphasized that the team is currently preparing
reports and allotting commendations that will include a
number of the aforementioned commendations besides the
new ones which yielded from the meetings which were held
among the various departments of Finance Sector which
shoulder the responsibility of applying them. The team was
keen on putting the commendations in order as follows:
• Training and developing employees
• Media and the latest developments taking place in the sector
• Follow-up procedures
• Improving channels of communication
• Restructure of the sector
• The required support
KPC NEWS
9
E vent s
Entitled ‘Donate and save a life’
KPC keeps supporting Blood Bank
Kuwait Petroleum Corporation represented by Health, Safety, Security and Environment Department organized a blood
donation campaign entitled ‘Donate and save a life’ in collaboration with Blood Bank on Tuesday August 26, 2014 in
the complex of the oil sector.
The campaign reflects the corporation’s belief in its effective
role in the civil society and the social responsibility which
it undertakes in this domain. In addition, this campaign is
part of the series of blood donation campaigns which KPC
10
KPC NEWS
launched earlier to meet the shortage in blood stock in the
bank.
For her part, Mrs. Asmaa Al-Qallaf, Manager of HSSE, emphasized that the campaign answers the call of duty to increase
the stock of the reserved quantities of blood in the bank, indicating they coordinated completely with the concerned officials in the bank to organize such campaign. She also hailed
the positive interaction of employees with such humanitarian
activity which helps rescue the lives of many people.
Al-Qallaf further indicated that the campaign reflects the reliability of the oil sector’s employees to shoulder such social
responsibility; in addition, it reflects their belief in its con-
cepts towards the civil society; the matter helps accomplish
the sustainable development which KPC seeks to achieve.
KPC NEWS
11
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It was held under patronage of HH the Amir
Ali Al-Obaid: Sponsoring Diving Expedition reflects deep belief
in necessarily applying concepts of social responsibility
The activities of the 26th Diving Expedition, which was
organized under the patronage of HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah by Kuwait Marine Club,
were concluded on Thursday August 21, 2014. Several government authorities and institutions among which Kuwait
Petroleum Corporation (KPC) took part in sponsoring the
26th diving expedition whose activities were launched on
Sunday August 14, 2014.
The concluding celebration of ‘Al-Qefal Day’ was started
with a welcoming speech given by Minister of Social Affairs and Labor, State Minister for Planning and Development Affairs Hend Al-Subaih, who represented HH the
Amir in the celebration. She hoped Kuwait Marine Club to
keep organizing this journey to commemorate the heritage
of fathers and ancestors.
12
KPC NEWS
She further extended appreciation to the Gulf delegations
that participated in the journey particularly youth, hailing
the diligent efforts exerted by the concerned officials of Kuwait Marine Club and the sponsors of the expedition.
Meanwhile, Mr. Ali Al-Obaid, Managing Director of Relations
and Information Technology Sector at KPC, said, “KPC’s participation in patronizing the diving expedition is stemmed
from its belief in the necessity of supporting all activities
which serve the civil society particularly the ones which help
develop and improve the skills and abilities of youth.”
He further indicated that KPC has taken several considerable steps to accomplish the concepts of social responsibility which help fulfill the sustainable development.
It is worth mentioning that an exhibition for pictures of
youth sailors and some ancient tools of fishing was held on
the sideline of the celebration.
On the occasion of their retirement
Public Relations & Media honors two of its staff
Public Relations and Media Department at Kuwait Petroleum Corporation held an honoring celeberation for Mr.
Naeem Saad, Data Entry staff, and Mrs. Eghar Omqi, Press
and Publications Secretary at the department, on Tuesday
August 5, 2014 on the occasion of their retirement.
A large number of employees from the department were
keen on attending the celebration which was held in the
meeting room of the department.
For their part, the honorees extended their gratitude and delight over the period they spend in KPC among the family
atmosphere and collaboration which they felt with their colleagues in the department.
…and Legal Affairs says farewell to Jyothi
Legal Affairs Department at Kuwait Petroleum Corporation
held a farewell celebration on Monday August 25, 2014 to
Jyothi Jayakumar, Assistant Administrator I at the department on the occasion of her retirement.
The honoree extended appreciation to her colleagues in the
department and all KPC employees thanks to the good treatment which she received during her work journey in the
corporation.
The attendees hoped Jayakumar to achieve more success
and progress in her new life.
KPC NEWS
13
For
Yo u r
Health
It is most common kind of cancer
among women in the world
Breast cancer:
Prevention & Control
Breast cancer is on top of the list of cancers which hit women in both the developed and developing countries; however, its percentage increases ostensibly in the developing
countries due to the constructional expansion and the unhealthy ways of nutrition as well as the unhealthy lifestyle
which people adopt.
Breast cancer is common among women more than men
due to the numerous disorders that take place in woman’s
hormones. Although 90% of infection with breast cancer is
benign tumor, the remaining percentage is crucial as it jeopardizes a considerable number of women all over the world.
In addition, scientific studies revealed that the percentage
of infecting with such disease for men and women is 1 to
200 respectively. Moreover, one woman among ten is endangered with such disease.
The hazard of cancer lies in the fact that it is fast spreadable
and it does not have symptoms as the infected cells grow
and multiply in an uncontrollable way. However, scientists
14
KPC NEWS
discover daily several kinds of treatments and protective
procedures for this awesome disease.
It is worth mentioning that genes are considered key reason
for being infected with such disease particularly women who
have family history with the disease. Therefore, it is necessary to prioritize the medical follow-up periodically besides
adopting a proper healthy diet. There are also other reasons
that increase the possibility of being infected with breast cancer for women whether those who have family history with
the disease or other cases. Definitely, pregnancy after 30 for
women, neglecting the natural breastfeeding, obesity and facing radiation, the period of women which appears before the
age of 12 or having it after 50 are key reasons that increase the
opportunity of infection with the disease. Add to this the bad
habits of nutrition particularly the meals which are full of fats.
However, the early discovery of the disease helps overcome
it whether through medical treatment, surgical interference,
radiation, chemical or hormone treatment.
Five habits should be given up before it is too late!
Health is priceless gift which patients can only appreciate.
Therefore, Islam has paid special concern to man’s health;
in addition, it has considered it precious blessing which Allah, the Almighty, has granted to mankind after the blessing
of Islam.
To protect this gift and provide a healthy society void of
diseases, KPC Newsletter team presents a number of bad
habits that man should give up to enjoy healthy lifestyle as
follows:
• Insufficient amount of sleep: Studies clarified that the
average of hours which adult person should sleep is between 7-9 hours, stressing that such amount is necessary
for the body to perform its operations of metabolism.
• Neglecting breakfast meal: Studies demonstrated that
having balanced breakfast has positive influence on brain,
as it increases the ability of concentration and refreshes
memory. Moreover, it improves the operation of assimilation, burning fats. It provides the body also with the nec-
essary required vitamins and minerals.
• Neglecting exercises: Simple exercises like walking and
swimming are necessary for the body to motivate hormones to build muscles and bones; besides burning fats.
Therefore, practicing exercises for 20-30 minutes daily
will accomplish the desired benefits.
• Having fat and fast food at night: This unhealthy habit
influences negatively the operations of digestion and
burning fats; the matter causes a disorder in some hormones particularly if these meals are taken at night before bedtime. Therefore, it is preferable to have balanced
healthy food early in the evening.
• Exaggerating in having soft drinks: It is preferable to
avoid having improper quantities of soft drinks particularly the ones which are rich with caffeine and high calories
such as cola, drinks of energy and diet soft drinks which
are void of sugar. Therefore, green tea, milk, fruits and
their juices are recommended drinks instead.
KPC NEWS
15
‫‪SOCIE TY‬‬
‫الترقيات‬
‫‪r‬‬
‫‪Ou‬‬
‫!‪atulations‬‬
‫وليد عبداملح�سن ال�سعيد‬
‫وحدة التدقيق الداخلي لل�شركة الكويتية لنفط اخلليج‬
‫وال�شركة الكويتية لال�ستك�شافات البرتولية اخلارجية‬
‫نواف عبداهلل ال�شرهان‬
‫التخطيط اال�سرتاتيجي‬
‫حنان خلف العنزي‬
‫�إدارة املبيعات وم�ساندة الإدارة ودعم املكاتب اخلارجية‬
‫احمد يعقوب خلف‬
‫ال�صحة وال�سالمة والبيئة‬
‫م�شاري عبدالرحمن احلمود‬
‫مبيعات النافثا‪/‬البنزين‪ /‬الغاز امل�سال‬
‫�سارة �سعد بن �شكر‬
‫املوازنة والتقارير املالية‬
‫حممد ح�سن العجمي‬
‫التدريب‬
‫فجر نا�صر الربيعة‬
‫�إدارة الأداء‬
‫علي عبدالر�ضا �أ�صل‬
‫التدريب‬
‫م�شعل �سليمان بوحمد‬
‫التدريب‬
‫‪Congr‬‬
‫‪K PC‬‬
‫‪Promotions‬‬
‫‪Waleed Al-Saied‬‬
‫‪Corporate Internal Audit‬‬
‫‪KGOC/KUFPEC Unit‬‬
‫‪Nawaf Al-Sharhan‬‬
‫‪Strategic Planning‬‬
‫‪Hanan Khalaf Al-Anezi‬‬
‫‪Sales Admin. & Regional Office Affairs Admin Support‬‬
‫‪Ahmad Khalaf‬‬
‫‪HSE‬‬
‫‪Meshari Al-Homoud‬‬
‫‪Naphtha/Mogas/LPG Sales‬‬
‫‪Sarah Shuker‬‬
‫‪Group Finance Budget & Consolidation‬‬
‫‪Mohammad Al-Ajmi‬‬
‫‪Training‬‬
‫‪Fajer Al-Rubaiah‬‬
‫‪Performance Management‬‬
‫‪Ali Asel‬‬
‫‪Training‬‬
‫‪Meshal Bou-Hamad‬‬
‫‪Training‬‬
‫‪KPC NEWS‬‬
‫‪16‬‬