HSE conference starts Wed

Minister of Oil and Minister of Electricity and Water, Essam AlMarzouq will be opening the second annual edition of the ‘Kuwait International Health, Safety and Environment Conference and Exhibition’ (KIHSE) on Wednesday. In a press statement on Saturday, the conference organizing committee pointed out that this year’s conference, which is co-organized by Kuwait Petroleum Corporation (KPC) and Britain’s Global Events, will be attended by a number of experts in the fields of health, safety and environment (HSE).

The conference aims to raise HSE awareness of the personnel in the oil field, in addition to highlighting that the petroleum companies, which are under KPC umbrella, are complying with highest HSE standards, the statement added.

The statement noted that Oman’s Oil Minister Mohammad Al-Rumhi would attend the two-day conference, where participants would share expertise to help formulate strategies aimed at addressing challenges facing oil companies. KPC announced earlier that this year’s conference is to boost Kuwait’s regional and international status in oil industry, and to further promote environmentally friendly laws adopted by Kuwait.

Production

In other news, a senior petrochemical official said that the actual production of the Olefins III and Aromatics II projects is expected to commence by the second quarter of 2022. A contract has been signed for implementing the designs of the integrated venture with Al-Zour oil refinery, Deputy CEO of Kuwait Petrochemical Industry Company (PIC) for Olefins and Aromatics Hosnia Hashim said in an interview with the company’s magazine “Chemia”.

The design stage is scheduled to take 17 months since the contract was signed, Hashim said, commending the integrated project with Al-Zour refinery as one of the company’s major strategic initiatives aiming at promoting Kuwait’s petrochemical position and putting its expansion policy in place.

On the strategy of the sectors of olefins and aromatics after merging them together, she said the company is operating as per a definite strategy based on petrochemical growth through expanded olefin and aromatic ventures.

She added that the company is currently carrying out several joint ventures in Kuwait and the US, and considering a number of opportunities in Bahrain, Korea, Canada and others. The company is currently seeking to boost its petrochemical production quota at the international market in general and the Asian one in particular, the PIC’s senior official pointed out. —KUNA