KOC’s recent
efforts to expand its production operations while remaining committed to its
environmental and social responsibilities were recognized recently by Global
Business Outlook, as the Company took home two separate top prizes in the Best Oil & Gas Exploration &
Production Company and Best Crisis Management Response (COVID-19 Response &
Awareness Initiatives) categories for 2021.
Global Business Outlook has
recognized KOC’s recent efforts to complete and initiate a number of major
exploration and production projects. In terms of major projects, the most
significant project by far is the Company’s Heavy Oil Project, which was successful
in initiating the State of Kuwait’s first shipment of Heavy Oil.
Global Business Outlook has also
recognized KOC’s leading role within the State of Kuwait as the primary
industrial institution which was ready, willing, and able to lend its vast
medical and logistical expertise toward the creation of medical infrastructure
and social initiatives which aimed to combat the spread of COVID-19 since the
onset of the pandemic.
These two new recognitions from
Global Business Outlook highlight KOC’s determination to live up to its role as
a socially responsible entity which also has the enormous responsibility of
remaining a reliable supplier of energy to the world. Going forward, the
Company will continue to commit its efforts toward safe and efficient production
operations while upholding its standing as a pillar of Kuwait’s local community
through a wide variety of social initiatives.