Chairman and managing director of Kuwait Oil Company’s Sami Al-Rushaid has announced that KOC’s efforts culminated in the reduction of gas flaring throughout its operation sites to reach 1.44 percent during the last fiscal year, the Kuwait News Agency has reported.
“This is a percentage lower than the target for the year,” Al-Rushaid told reporters during the ceremony of the 16th Edition of the Chairman and Managing Director’s Award for Health, Safety, Security and Environment (HSSE).
Al-Rushaid said that the annual event is meant to celebrate a host of the most outstanding and important initiatives undertaken by the company employees in the HSSE domain all year round.
Through this Award, the KOC aims to develop and enhance the standards of Health, Safety, Security and Environment systems and consecrates this concept at the operations and projects level, as well as in the behavior of its employees throughout its facilities.
Meanwhile, Al-Rushaid pointed out that Kuwait’s average production of oil rose to more than 3 million barrels per day and the KOC aims to maintain this production level.
With regard to the shale oil and gas, he noted that Kuwait has reserves of both, but it focuses on shale gas production for its growing need of gas.
Furthermore, he revealed that the investigations into the Al-Rawdatain fire have not concluded yet.
Meanwhile, the Award Committee Chairman and Manager Health, Safety, Security Environment Group Ahmad Abbas said the award clearly reflects the importance that KOC attaches to the quality of the services it renders in terms of business and toward the community.
He added that the KOC has identified health hazards at its worksites and has also put in place control measures on projects for employees and contractors.
