The Kuwait Oil Company is taking measures to help it enable to investigate accurately to determine the estimated costs for the maintenance of fixed equipment at the gas boosting stations.
The oil sources told Al-Jarida daily this practice necessitated because earlier the estimated costs were much higher than the actual maintenance works for fixed equipment at the gas boosting stations for the past fiscal year, with the difference and one of them reaching 80.5%.
On the other hand, the source indicated that the company has started several deferred strategic projects worth about 607 million dinars related to increasing production and are scheduled to be completed approximately during the next year.
He added that the postponement of these projects came due to the failure to complete their requirements by the contractors, indicating that the company is currently interested in preparing an implementation plan within the framework of its strategic plan to increase production.
That strategy includes the establishment of a committee to develop them, in addition to establishing work teams that have the capabilities to develop and analyze all positions and goals and the initiatives for the implementation of that strategy in order to set specific and comprehensive frameworks for benefiting from oil and gas reserves.
The sources pointed out that one of the most important objectives of that strategy, which will be focused on during the next phase, includes exploration, development and production of new traditional and heavy oil reserves.
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