Study Underway For Merger Of Oil Firms - KNPC CEO
Category: Business
Immigrate to Canada or Australia
Study In Abroad

The CEO of Kuwait National Petroleum Company (KNPC) Waleed Khaled Al- Bader disclosed that study of the merger of oil companies is underway at the state level amid research by the leadership of oil sector, stressing the issue of merger does not only relate to KNPC and its decision is not unilateral but the issue is being deliberated, reports Al-Rai daily.

In response to inquiries about merging the oil companies, Al- Bader expressed regret for the misinterpretation of his statement during an open internal meeting with employees of the company, adding that such misinterpretation causes misunderstanding and confusion, and contradicts the company’s keenness to present issues objectively or express thoughts and directions in transparency.

Al-Bader pointed out that several issues of concern related to the company, its businesses and projects were raised to the employees, and from that the issue of merging the companies was dealt with according to the scope and nature of the business. “I met a large group of the company’s employees of job grade 17 and below, in the framework of open meetings, which I am keen to continue with and I am glad for what it represents, enabling me to listen to the suggestions and observations of our employees to get to know their visions and ideas closely, while discussing their aspirations and concerns directly, without barriers”, he noted.

“This meeting is one of many meetings I always encourage holding, and I participate in it with interest, including the meetings organized by the various sectors of the company, the cup of coffee initiative, field trips to the company’s sites and sending direct messages whenever necessary to talk about different issues that concern our company and employees”, he explained. Al-Bader continued, “There is no doubt that the space provided by these meetings allows everyone to express their opinions freely, and in turn, we receive these opinions with great openness, and we interact with them with care, keeping in mind our employees’ interests and what serves our primary goal of achieving the best in the interest of the company, which is certainly in the interest of our country and society.



07 Feb, 2020 0 145
Posted Comments
Popular News
2 Asian Maids Arrested For Making Fun Of Old Lady Cybercrime officers have identified two maids for poking fun at an elderly woman, reports Al-Rai daily. A security source told the daily the two maids published an abusive video clip of their elderly ... February 19, 2020 0 253 Category: Crime News
Kuwait Sales & Markets Affected By Corona Virus Infection Fears The repercussions of the emerging corona virus have exceeded the concerns of Kuwaitis and residents in Kuwait about the transmission of the virus infection to their fears of a shortage of some food pr... February 18, 2020 0 217 Category: Kuwait
Expat Will Have To Pay KD2.5 In Fees The CEO of the Health Insurance Hospitals Company ‘Daman’ Dr Muhammad Al-Qana’i said the medical centers in Hawalli and Al-Farwaniya will receive the expatriates and called on everyo... February 19, 2020 0 203 Category: Expats
3 Indians Arrested For Gambling In Garden Of The Sheraton Roundabout Three Indians have been arrested and referred to the Salhiya Police Station for gambling, reports Al-Rai daily. The daily added, the suspects were seen gambling in the garden of the Sheraton Roundabou... February 18, 2020 0 199 Category: Crime News
Minimum Salary To Sponsor Sister On Visit Visa I would like to know the minimum salary required to bring my sister to Kuwait. Name withheld Answer: To bring your sister to Kuwait on a visit visa, you need to earn a monthly salary of KD 500 o... February 19, 2020 0 199 Category: Visit Visa
National Holidays In Kuwait Affected By Coronavirus In some way or another, even the national holidays in Kuwait are affected by the outbreak of coronavirus because most of the decorations and accessories usually come from China, reports Al-Qabas daily... February 19, 2020 0 196 Category: Kuwait
Having Second Child In Kuwait I was born in Kuwait in 1979 and very grateful to this country and people for giving us an equal chance to reside along with other expatriates and its citizens. I am a driver by profession and as per ... February 18, 2020 0 182 Category: Legal
Strange Traffic Accident On The 4th Ring Road In Jahra Kuwait witnessed a strange traffic accident on the Fourth Ring Road in Jahra in the direction of Kuwait City, reports Al-Anba daily. The vehicle can be seen mounted on the cement road barrier &lsqu... February 19, 2020 0 176 Category: Crime News
Could Not Return To Kuwait Within 6 Months I went on a vacation in March 2019, due to some family problems I couldn’t return to Kuwait. I have my visa valid till September 2019. What will happen to my current visa, whether I’ll get... February 20, 2020 0 166 Category: Legal
Expats Above 70 Yrs Old Residence Will Not Be Renewed Regardless Of Profession The Public Authority for Manpower (PAM) says the authority has started implementing a decision not to renew work permits of expatriates after reaching the age 70 regardless of their job title or profe... February 21, 2020 0 164 Category: Expats
View All
Popular Offers
weekend-offers-from-carrefour in kuwait
Weekend Offers From ...
weekend-offers in kuwait
Weekend Offers
Visit Visa
Visit Visa
Dependent Visa Driving License Project Visa Termination
Civil ID Crime News
Crime News