4 - Kuwait Oil Company

KOC Commissions BS-160Al-Sardi: Project Accomplished Within Budget and Contract ScheduleDMD Mazen Al-Sardi speaks to the audienceKOC has officially launched theBS-160 Project in a ceremonyattended by the Minister ofOil Hani Hussein, the ItalianAmbassador to Kuwait and anumber of dignitaries and senioroil officials.On the occasion, KOC C&MDSami Al-Rushaid affirmed in aspeech delivered on his behalf bythe Deputy Chairman and DMD(TS), Mazen Al-Sardi, that thisproject, which has been underconstruction for the past threeyears, has been completed withinbudget and on time in accordancewith the contract schedule.“The booster station utilizes thehighest standards of state-of-thearttechnology that is availabletoday and is a major step forwardtowards achieving the overallKuwait Development StrategicPlan,” the DMD pointed out.He continued, “In doing so, thefacility also sets new standards forenvironmental stewardship withsubstantially reduced emissionsto the atmosphere over previousgeneration equipment and withgreater efficiency while conservingvaluable natural gas and helpingto protect the environment.”Al-Sardi affirmed that thecompletion is a tribute to the hardwork and efforts of the more than2,500 people who comprised theworkforce and made the projectpossible.The DMD expressed profoundgratitude to all those involved inthe massive project, particularlythe KOC Management, theMajor Projects Group, theGas Management Group, themain contractor, Saipem, itssubcontractors and the ProjectManagement Company (PMC) andWorleyParsons. He then describedthe safety record of this Project asexceptional. More than 14 millionman-hours were worked without aLost Time injury.“A comprehensive safety programput in place made sure that theworkers went home safe, whichis a primary responsibility of allparties,” Al-Sardi pointed out,adding, “The commissioning ofthis facility means that there isan increased natural gas handlingcapacity from the Oil GatheringCenters of South East Kuwaitwhich improves oil productionhandling reliability, operationalflexibility and efficiency.”The DMD explained that lessefficient equipment can alsonow be taken out of service forupgrading while still maintainingthe gas handling capability andoil production, which will leadto less flaring of gas and betterprotection of the atmosphere.“The installation incorporatesequipment sourced from all overthe world to attain the highestlevels of advanced technicalcontent,” he elaborated.Al-Sardi informed the gatheringthat more than 20% of the4October - December 2012