Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Al-Falih: Manifa will be the model oil and gas project  Join our daily free Newsletter

MENAFN - Arab News - 06/06/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) On the eve of Saudi Aramco's 80th anniversary, president and CEO Khalid A. Al-Falih visited the Manifa field to meet and personally thank the team that made possible the recent first phase production start-up.

He was accompanied by Amin H. Nasser, senior vice president of Upstream; Nasir K. Al-Naimi, vice president of Northern Area Oil Operations; Fahad Al-Helal, executive director of Project Management; and other members of Manifa management, drilling, support organizations and project management.

Employees of Manifa Producing, Project Management and supporting organizations greeted the visitors at multiple locations in Manifa.

"Our pride in Manifa goes beyond the magnificent facilities that you have constructed and now operate. Our pride is in the team that made all this possible: all of you," Al-Falih said.

Reflecting on the newest of Saudi Aramco's oil and gas producing facilities to come on line, Al-Falih said: "This achievement will be remembered for decades to come and has already become a destination for visitors from around the globe. For many years to come, Manifa will be the model oil and gas project to follow and learn from because of success across the board in all areas such as safety, quality, delivering ahead of schedule and finishing well under budget."

Achieving such success was no easy task, and the CEO acknowledged the important role adhering to the company's values played in the achievement.

"You have clearly exemplified Excellence, Safety, Accountability, Integrity and Citizenship in all aspects of project execution. You have given so much and deserve to be proud of this amazing accomplishment. Celebrate it with your team, with your company and with your loving families," he said.

Expanding on the role of values, Al-Falih noted: "In terms of Excellence, you have deployed cutting-edge technologies and new approaches in Manifa at a scale that has no equal in our industry. You delivered this with the highest attention to Safety and, thankfully, without a single serious injury. And you clearly exhibited your Accountability as a team. Any individual project task could have gone wrong and would have delayed start-up, but you were clearly accountable to each other as a team and delivered without fail. As for Citizenship, this project has supported the local market in its approach to procurement and will supply a number of advanced highly integrated refineries creating jobs and adding value to our economy.

Additionally, both in terms of citizenship and integrity, you delivered one of the largest oil increments in the industry "history while preserving the fragile marine habitat in this area."

In closing, Al-Falih shared that he was not only there to convey his own thanks but also the appreciation of Ali I. Al-Naimi, the minister of petroleum and mineral resources; the gratitude of the members of Saudi Aramco's Board of Directors, and the entire Saudi Aramco family.

"You make us all proud, and for that, we are very thankful," Al-Falih said.

 


Arab News




  MENA News Headlines
 Sep 18 2014 - Orascom posts USD33.71m net profit in H1MENAFN
(MENAFN) Orascom Development Holding announced registering a net profit ofUSD33.71 million in the January-June period compared to a loss of USD51.27 million in the same period last year, Times of ...

 Sep 18 2014 - Egypt predicts 6 percent growth in 3 yearsMENAFN
(MENAFN) Egypt said it is expecting growth rates to increase from 2.5 percent to 3.5 percent in the July-September period, as well as an increase to 6 percent within three years, Arab News ...

 Sep 18 2014 - Kuwait- His Highness the Amir of Kuwait devotes special attention to Arab labor issues - officialKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The visiting Director-General of Kuwait's Public Authority for Manpower (PAM), Jamal Al-Dosari, has affirmed that His Highness the Amir Sheikh Sabah Al-Ahmad ...

 Sep 18 2014 - Syrian regime responsible for ISIL's expansion - UK officialKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) UK Minister for Middle East and North Africa (MENA) Tobias Ellwood on Thursday said the Syrian regime is responsible for creating the atmosphere that helped the ...

 Sep 18 2014 - EU voices concern at businesses' status in troubled MideastKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Investment Bank (EIB), the EU's bank, has expressed concern over the current unstable situation in the Middle East and its effect on the business ...

 Sep 18 2014 - Kuwait's trade surplus with Japan widens third monthKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's trade surplus with Japan slightly widened 0.9 percent in August to JPY 94.3 billion (USD 867 million) from a year earlier, expanding for the third month ...

 Sep 18 2014 - Kuwait crude oil prices up 77 cents to USD 95.14Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait crude oil per barrel (pb) went up Wednesday day by 77 cents to USD 95.14 compared to USD 94.37 pb the day before, according to oil prices announced by ...

 Sep 18 2014 - Kuwait- ALO chief lauds His Highness Amir's initiative to support enterprisesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Director General of Arab Labor Organization (ALO) Ahmed Luqman on Wednesday lauded the initiative launched by His Highness the Amir to set up a fund to support ...

 Sep 18 2014 - Egypt's EGPC to buy 65 percent oil imports from ADNOCMENAFN
(MENAFN) Egypt's state oil company, EGPC announced signing an agreement with United Arab Emirates' ADNOC to buy 65 percent of its oil product imports for one year, Arabian Business reported.The ...

 Sep 18 2014 - Kuwait- Top military, security officials congratulate His Highness The Amir on UN honoringKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received Wednesday at Bayan Palace, with the presence of His Highness Crown Prince Sheikh Nawaf ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help