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The Ministry of Oil finishes updating its five-year strategy

04-12-2022

Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: The new strategy maximizes the added value of oil and gas in the State of Kuwait and enhances human capital The ministry seeks digital transformation, automation of services, electronic connectivity, and development of the infrastructure for information technology and cybersecurity. The Ministry of Oil said in a press statement that a delegation from the Ministry of Oil are Undersecretary Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah, Assistant Undersecretary for Technical Affairs in the Ministry, Engineer Khaled Walid Al-Din, and Director of Public Relations and Information Department Sheikha Tamader Khaled Al-Ahmad Al-Jaber Al-Sabah. They will hand over the new strategy of the ministry to the Director General. The Arab Planning Institute, Dr. Bader Othman Malallah, on Sunday, December 4, 2022, to review the strategy and make any comments on it. This cooperation comes as a basis for the memorandum of cooperation signed between the Ministry of Oil and the Arab Planning Institute in February 2022. In this context, the Undersecretary of the Ministry of Oil, Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah, said that the ministry's work team succeeded in developing the new strategy within the specified time in order to maximize the added value of oil and gas in the State of Kuwait and to enhance sustainable human capital, which is the oil of the future. The Ministry's strategic aspirations, from which the operational objectives emanate. He stated that the strategy was prepared for each of the sectors of the ministry, and the strategic objectives of each program were determined in accordance with the ministry’s vision and strategic objectives represented in preserving petroleum resources and optimal use of them and developing them in accordance with best practices to ensure their sustainability, strengthening the national economy, preserving the environment, safety of facilities and health of workers within the approach of the state’s vision. in digital transformation. Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah explained that the Ministry of Oil is always seeking a complete digital transformation through high-quality controls, procedures and databases, and to achieve this, the Ministry works to automate services, electronic connectivity, and develop the infrastructure for information technology and cybersecurity. He indicated that the strategy of the Ministry of Oil includes a set of main components represented in the vision, mission, values, strategic objectives and themes. The preparation of the strategy of the Ministry of Oil for the next five years was supervised by a working team consisting of the Assistant Undersecretary for Technical Affairs in the Ministry, Engineer Khaled Walid Al-Din, Director of Public Relations and Information Department Sheikha Tamader Khaled Al-Ahmad Al-Jaber Al-Sabah, Counselor Qusai Musa Hamad Al-Darwish, and both Arwa Bader Al-Bisher and Hessa. Bader Al-Rashed, Doaa Fahd Al-Kandari, Dalal Abdulaziz Al-Ghanim, Sarah Nasser Al-Mazyed, Latifa Daoud Al-Asfour, Maryam Muhammad Al-Arada, Mona Maatouq Al-Fulaij, and Hadeel Darwish Al-Aradi.