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Undersecretary of the Ministry of Oil: Updating the five-year strategy of the Ministry of Oil

03-10-2022

Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: Updating the five-year strategy of the Ministry of Oil Develop highly efficient policies, programs and development plans that maximize the added value of oil and gas and preserve national wealth for future generations - Establishing a set of core values ​​within the ministry represented in promoting integrity, transparency, creativity, innovation, cooperation, partnership and sustainability The Ministry of Oil revealed its plans to develop a new strategy for the ministry for the next five years, including an integrated system for working within the ministry's sectors and programs to maximize the added value of oil and gas in the State of Kuwait, achieve sustainable development and preserve national wealth for future generations. In this context, His Excellency the Undersecretary of the Ministry of Oil, Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah, said that the ministry’s work team began to develop the new strategy for the Ministry of Oil, which comes in line with the national goals and directions included in the New Kuwait Vision 2035, and aims to accelerate digital transformation and anticipate opportunities and challenges in all sectors. Within the ministry, and setting long-term proactive plans for it at all levels to achieve qualitative achievements. Sheikh Nimer Fahad Al-Malik Al-Sabah stated that the updated strategy of the Ministry of Oil will focus on establishing a set of core values ​​at work represented in promoting integrity, transparency, creativity, innovation, cooperation, partnership and sustainability, and contributing to enhancing Kuwait's position on the global energy map through preparing and managing effective policies and regulations for the oil sector. Gas will respond to current and future challenges. Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah indicated that the Ministry of Oil's mission is to preserve, exploit and develop the petroleum wealth in accordance with the best ways to ensure the development of the state's resources, increase its national income, and secure the safety of workers, the environment and facilities. His Excellency the Undersecretary indicated that the Ministry of Oil has formed the Planning Committee, which is responsible for updating the strategy of the Ministry of Oil, where the committee was formed under the chairmanship of the Undersecretary of the Ministry of Oil Sheikh Dr. Nimr Fahd Al-Malik Al-Sabah, and the membership of the Assistant Undersecretary of the Ministry of Oil for Administrative, Financial Affairs and Information Systems Fadel Sayed Abbas Sayed Ali, Assistant Undersecretary of the Ministry of Oil for Technical Affairs, Eng. Khaled Walid Al-Din, Acting Assistant Undersecretary for Economic Affairs Eid Al-Mutairi, Director of the Public Relations Department Sheikha Tamader Khaled Al-Ahmad Al-Jaber Al-Sabah, Director of the Department of the Minister’s Office Abdullah Al-Dhafiri, Director of the Administrative Affairs Department Manal Shehab Al-Wahib, and Director The Department of Financial Affairs Nadia Abdulaziz Al-Attar, the Director of the Exploration and Development Department, Engineer Ahmed Ibrahim Al-Issa, and the Director of the Information Systems Center Department Aisha Al-Rabbah.