Kuwait Oil Company: Resilient and robust

Founded back in 1934, it’s fair to say that the Kuwait Oil Company (KOC) is an operation with some serious heritage, as well as empirical experience of how the industry as a whole has evolved and changed over time. This in itself could be enough to set KOC apart from its nearest competitors, yet there is much more to that story, as you’ll see.

 

An impressive rise to fame

 

Having discovered commercial quantities of oil in 1938, KOC went on to become a particularly viable entity, with the Kuwait Government taking 100% control in 1975 and finally, bringing all state-owned similar operations under one KOC umbrella, but there was a huge problem on the horizon.

 

1990 saw the Iraqi invasion of Kuwait that left many operations totally devastated, with LOC being one of them. All production and storage facilities were obliterated and while this might have been the time for lesser companies to call it a day, KOC simply saw it as the next challenge. Just months after the liberation of Kuwait in February 1991, full capacity production had resumed and organic growth was even being witnessed as well. With this in mind, it’s little wonder that the company has continued to go from strength to strength, becoming something of an industry giant.

 

The makings of a master

 

To understand exactly what KOC is so special, an overview of the everyday activities is essential. In its own words,

 

“Kuwait Oil Company’s Responsibilities under the KPC’s umbrella involve the exploration, drilling and production of oil and gas within the State of Kuwait. The Company is also involved in the storage of crude oil and delivery to tankers for export.”

 

This might sound like a relatively simple roster of operations, but the oil and gas sector has always been anything but straightforward. It takes courage, resilience and expertise to carve a niche in such a hyper-competitive market and these are qualities that every member of the KOC team has in spades. For this reason, a number of significant discoveries have been made in the history of the company, leading to the enviable market leading position that it currently enjoys, but nothing has come at the detriment of the region.

 

Staying true to stewardship

 

There’s a lot of pressure on the oil and gas industry to look into greener technologies and more sustainable operating methodologies, but KOW doesn’t align with social responsibility out of necessity. Rather, the team is active in looking for better, more progressive and inspirational ways to carry out its business. In order to focus on these endeavours effectively, concern areas have been split into four separate divisions of HSSE (Health, Safety, Security and Environment), social responsibility, oil lakes and soil remediation,

 

“KOC places much emphasis on Corporate Social Responsibility as it constantly seeks to ensure sustainable and balanced development. This is evident in a series of activities that the Company embarks upon to instil the CSR concept as enshrined in the KOC Strategy.”

 

It would be easy to wax lyrical about everything KOC has already done, but shining a light on a select few really highlights the positive impact that is being had. KOC is the first oil company in the world to create a marine colony and has also created nature reserves and oasis’, which takes care of the HSSE element, while countless community programmes, including sports and medical facilities, more than account for social responsibility. The oil lakes issue and soil remediation efforts are intrinsically linked, as both are the result of the 1990 violence, which left oil wells spilling dangerous amounts of liquid all over the landscape. Understanding that the environmental disasters needed to be deal with, KOC took full responsibility and clean up efforts are still on-going.

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Tomorrow’s fuel, planned today

 

With a spectacular reputation already in place and some of the world’s leading experts making up the professional team, KOC is more than ready for whatever the future brings, but by embracing the fact that higher volumes of product will be at the top of the priority list, it is one step ahead of everyone else,

 

“Our main role is to explore, develop and produce hydrocarbons within the State of Kuwait, promote the care and development of our people and deliver on our commitments to our stakeholders in a compliant, profitable, safe and environmentally responsible manner.”

 

The need for evermore exploration sites will never cease, but by making safety a key priority, alongside successful drillings, KOC is ensuring not only the security of its future profits, but more importantly, its staff, who are considered to be exceptionally valuable, especially with the 2030 strategy in place,

 

“KOC has set very challenging and ambitious objectives for its Exploration Group as part of the 2030 strategy. The search for gas and light oil in the Jurassic and Permian plays is taking us into unconventional reservoirs with increased drilling risk through higher temperatures and pressures and the complexities of fractured carbonates. All of these projects will present us with new and complex technical, logistical and management challenges. We believe KOC can achieve extraordinary efficiencies when all disciplines are fully involved and informed throughout the exploration cycle.”

 

Reading between the lines, this means that exploration processes are becoming more intricate, necessitating everyone to pool their skills and expertise together to get the job done in a timely, sustainable and safe fashion,

 

“Various strategies with the objective of causing no harm to employees, contractors, customers, the general public or to the environment are in place. Those strategies are in line with various national and KOC Health, Safety and Environmental standards and include training of the staff, safety audits and rig site visits and emergency exercises with full commitment and awareness of every employee.”

 

KOC is destined to not only reach but also design new heights and standards within the oil and gas industry. Working towards the 2030 strategy will certainly maintain a steely focus and with an exceptional body of staff on-board, there is no doubt that when it comes to industry evolutions, KOC is going to remain both resilient and robust.

Serco Group PLC: The Masters of Maritime

Serco is on a mission, to improve public services and shapes the markets it is involved in, for the better. Operating alongside four core values of trust, care, innovation and pride, it has created a culture in which individual behaviours need to be motivated by honesty and a desire to do more and better,

 

“Our values need to be lived every day, used to help us work through any challenges we may face and help us recognise and celebrate our achievements. They guide us in our dealings with colleagues, customers, suppliers, partners, shareholders and the communities we serve. It is important that we hold ourselves and others accountable for our values every day and have defined a set of behaviours that are expected from all of us. They describe how our behaviours bring Serco’s values to life.”

 

Having been invested and involved in the delivery of critical support services since 1929, Serco, it was in the 1970s and 1980s when serious diversification began, leading to key maintenance contracts, being listed on the London Stock Exchange. In the 1990s, international growth came naturally, as various governments were became to improve their public service offerings. Prison management, public transportation support and increased defence contracts all followed, but it’s the work Serco does for the Royal Navy that really stands out, because of its inherent importance and significance.

 

As a team of more than 50,000 professionals, managing more than 500 contracts of staggering sizes and levels of importance, throughout the world, Serco is no small fish and it aims to bring big energy to every undertaking.

 

Keeping the seas safe

 

It would be reasonable to wonder how much support the royal Navy actually needs. An institution still respected around the world, it has carved itself a reputation for operational excellence, but even the best organisations need support behind the scenes,

 

“Serco are proud to have been supporting the Royal Navy since 1996. We take great pride in our track record of exceptional service, combining innovation from industry with a real understanding of our customers’ requirements. Our customers trust us to support strategic national assets, knowing that we are committed to public services and the UK’s safety, security and prosperity. Our team combines decades of experience with highly specialised skills, to provide services ranging from towing submarines to trialling cutting edge maritime technology, from ferrying passengers to transporting irradiated nuclear fuel.”

 

The Maritime industry is vast and covers such a wide spectrum of activities that mastering them all would be a near-impossible task, or would it? As part of its work within the defence sector, Serco has gained a wealth of operational knowledge before specialising in the following:

 

Vessel provision – Far from just acquiring vessels for customers, Serco offers an end-to-end service, with designing, acquiring, management and operation all included. What’s more, this covers a vast array of vessel types, from fleets of new builds through to legacy, conversion and even chartered options. With more than two decades of experience within this arena, customers can rest easy knowing that Serco has a full understanding of all requirements, including regulatory.

 

A few key examples of projects undertaken within this vessel provision framework include search and rescue helicopter training, towage, pilot transfers, management of specialist nuclear fuel carrying vessels and the commissioning of new fleets.

 

Specialist mariners – “We manage over 800 UK national, security-cleared mariners specialising in the Defence and Nuclear sectors. This includes management of directly employed Serco seafarers and crew management for Pacific Nuclear Transport Limited seafarers. Our personnel and leadership understand the bespoke requirements of our public sector customers and take pride in supporting the safety, security and prosperity of the UK.”

 

Able to supply full crews, contingents of technical support and even apprentices, few companies have such a comprehensive grasp on appropriate personnel provision as Serco.

 

Vessel support – As well as being heavily involved in the provision of vessels and fleets, Serco offers technical management and support services that cover the full lifespan of any asset. What’s more, it is appropriately staffed and equipped to handle a diverse fleet, regardless of global location. Numerous customers who are beholden to certain budgetary expectations have already taken advantage of Serco’s expertise in regard to fleet modernisation and replacement.

 

Taking on a number of mechanical and electrical engineering projects, as well as providing maintenance workshops and docking services, vessels are well cared for, with waterfront duties also adding to a full complement of essential tasks.

 

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The right people for important jobs

 

Given how critical maritime support is and the high profile of the clients involved, it makes sense that Serco is elective when it comes to its people. Not everybody has the right temperament, level of dedication or expertise to be a vital part in the large machine at play, but those that do make the cut are rewarded well,

 

“At Serco, not only is the nature of the work we do important, everyone has an important role to play, from caring for vulnerable people to managing complex public services. The nature of our business means you will do interesting work that matters, our diverse and global operations offer unrivalled opportunities to learn and develop and we are a motivated team who will encourage you and help you to succeed.”

 

Always undertaking valuable work that matters, Serco has recently renewed its partnership with Briggs Marine, in order to bid for the Royal Navy’s marine services contract again. Having worked together since 2007, supporting the Royal Navy and exceeding expectations, it is a tried and tested partnership that yields exacting results both at home and overseas. Few other operations can claim the same levels of dedication, knowledge and innovation, so it seems all but certain that the contract will be won, with Serco being rightfully proclaimed as masters of maritime.