Kuwaiti Oil Barrel Price75.11 Date:22-11-2024

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Mina Abdullah Refinery achieves the highest rate of risk engineering in the history of the Kuwaiti oil sector

21-10-2023

Mina Abdullah Refinery, affiliated with the Kuwait National Petroleum Company, succeeded in achieving the highest point average in risk engineering at the workplace level in companies affiliated with the Kuwait Petroleum Corporation and the highest in the history of the Kuwaiti oil sector. The refinery obtained an average score of 100.5 points in the latest field survey for risk engineering conducted by Marsh, an American company specialized in risk management and providing insurance coverage, with the participation of a number of well-known international insurance companies such as AIG, SCOR, QBE and ZURICH. With this result, the Mina Abdullah Refinery strengthened its advanced global ranking in the quality of risk engineering for the energy and refining industries categories, according to studies conducted by Marsh to measure and compare the quality of risk engineering for various international companies, as the Mina Abdullah and Mina Al-Ahmadi refineries occupied a leading position in the top quarter of the comparison when compared with more than 1,400 energy and refining facilities around the world. Executive Vice President of Fuel Supply Operations and official spokesman for the company, Ghanem Al-Otaibi, expressed to Kuwait News Agency (KUNA) today, Thursday, his pride in the refinery achieving this achievement, especially with the increase in the level of complexity in the refinery after the operation of the environmental fuel project, indicating that achieving this level is behind great efforts made by the refinery to maintain On a pioneering approach in the refining industry regarding safety and industrial efficiency. Al-Otaibi explained that effective risk management is vital for any industrial facility, especially those that deal with energy resources such as refineries, as accurate and proactive risk engineering scanning helps identify and evaluate potential risk areas, which enables the company to take appropriate measures to mitigate them effectively. He added that this high rating was the result of continuous work and a careful commitment from the refinery management and its employees to apply security and safety standards, use international best practices, and continuous development of work systems and procedures. He stressed that Mina Abdullah Refinery’s obtaining the highest rating for risk engineering management in the history of the oil sector represents a milestone for the refinery and a new standard set by (National Petroleum) in this field to aim towards achieving the company’s strategy of striving for the level of global operational excellence, promoting innovation and developing innovative ideas and approaches. To face challenges. Al-Otaibi appreciated the support and cooperation of the Kuwait Petroleum Corporation to achieve this achievement, praising the efforts of all employees in the company and their keenness to develop their capabilities in dealing with risks and commitment to safety and reliability in order to maintain a safe and sustainable work environment.

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