8 - Kuwait Oil Company

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Arab Oil & Gas Magazine: Al-Zanki,Al-Rushaid and Hashimamong 50 most powerful inME Oil & GasArab Oil & Gas has selectedKPC CEO, Farouk Al-Zanki,the Chairman and ManagingDirector of KOC, Sami Al-Rushaid, and DMD (NK),Hosnia Hashim, as amongthe 50 most influentialpersonalities in the oil andgas industry in the MiddleEast.In the December issue of ArabOil & Gas, the magazine statedthat despite taking over KPC asCEO at an uncertain time forglobal oil demand and prices,Al-Zanki had still managed toimplement numerous megaprojects that had been in theplanning stages for some time.Below is an excerpt of whatArab Oil & Gas published aboutAl-Zanki:“Farouk Al-Zanki has been atthe top of KPC since October2010 after a three-year stint asManaging Director for Refiningand Chairman of KuwaitNational Petroleum Companyand a long career at the KuwaitOil Company before that.Al-Zanki has the weight of anexpansive government fiscalprogram and some delayedprojects to carry, at an uncertaintime for global oil demand andprices.In order to continue to meet itsambitious production capacitygrowth target and increasingdomestic demand for electricityfeedstock, KPC will need toshorten project approval times16 April-June 2012
and build on the productionboost spurred by OPEC’smeeting in June.”In commending KOC Chairmanand Managing Director Sami Al-Rushaid’s efforts, the magazinenoted that the Chairman andManaging Director played apivotal role in the recent surgein oil production to a decadelonghigh of 2.9 million barrelsper day. It added that KOCclearly rose to the challengein the wake of OPEC’s Junemeeting, where a decision wasmade to boost production.Consequently, the country nowboasts production capacity of 3.5million barrels per day.Furthermore, the magazinepointed out that KOC’s DeputyManaging Director for NorthKuwait, Hosnia Hashim, hadeffectively contributed towardthe development of Kuwait’supstream sector because ofthe leading positions she hasassumed.The material below waspublished by Arab Oil and Gasabout KOC’s DMD for NorthKuwait:"Hashim joined KuwaitOil Company in 1982. Herexperience was developedas a petroleum and reservoirengineer, and includes extensivecontributions to the Kuwaitupstream business, havingheld diverse and challengingleadership positions in KuwaitOil Company, spanning fromreservoir management activitiesto corporate-scale projects.Hashim’s main project for KOCis developing its North Kuwaitassets to produce 1 millionbarrels per day by 2014, fromaround 750,000 bpd at present.KOC has been ramping upproduction since the summer,taking an active role in calmingturbulent oil markets with higherproduction."Arab Oil and Gas Magazine waslaunched some 45 years ago bythe Dubai-based Arab PetroleumResearch Center (APRC). It is thefirst monthly magazine to coverthe hydrocarbon industry in allthe countries of the Middle Eastand North Africa.The Arab Petroleum ResearchCenter (APRC), founded in 1965,is an independent organizationthat conducts studies andreleases publications on the oiland gas industry which cover theMiddle East, North Africa, Sub-Saharan Africa and the CaspianSea region. APRC also acts as aconsultant to Arab oil producingcountries and international oiland gas companies. •April-June 201217
Page 2 and 3: April - June 2012The Kuwaiti Digest
Page 4 and 5: Khaled Madhi Al-KhameesDeputy Manag
Page 6 and 7: International delegates participate
Page 8 and 9: KPC Board Members Visit KOC SitesKO
Page 10 and 11: Kuwait Oil & Gas Summit 2012KOC Cha
Page 12 and 13: is expected to grow to an annualrat
Page 14 and 15: KOC Organizes First Technology DayA
Page 16 and 17: share their experiences, andengage
Page 20: 4 th Town Hall Meeting & Exhibition
Page 23 and 24: Senior officials at the conferencea
Page 25 and 26: Senior oil officials at the inaugur
Page 27 and 28: paleo-sea level during the Albian-C
Page 30 and 31: Security practices entail theidenti
Page 32 and 33: WK Water Handling LabImplements LIM
Page 34 and 35: KOC’s Environmental AchievementsA
Page 36 and 37: 3rd Annual Production OptimizationM
Page 38 and 39: Enterprise Risk ManagementWhat is E
Page 40 and 41: Risk ReportingFigure 2 Outlines the
Page 42 and 43: Decades of ServiceMadathil Nair Rec
Page 44 and 45: Hi-TechFirst-Ever Images of Atoms M
Page 46 and 47: TETRATErrestrial Trunked RAdioSubmi
Page 48 and 49: TETRA standards chose the TimeDivis
Page 50 and 51: MiswakNature’s Tooth BrushFor mos
Page 52: www.kockw.com

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