4 / 11
`
3
Health, Safety, Sustainability and Environment
Kuwait Energy
classifies its recordable incidents as being either a
Fatality
,
Lost Time Incident (“LTI”), Restricted
Work Incident or Medical Treatment Incident.
Kuwait Energy
in 2017 had
two incidents that were classified as LTI on its operated assets
. The first LTI of the year
occurred in March at
Block 9 (Iraq)
– when two local workers crossed a mine barricade triggering of an ERW. The
second LTI occurred in August at the
Siba
(Iraq) concession when a rigger fell off scaffolding that hadn’t been
approved or authorised for use on the site. The two incidents in Iraq, although unfortunate, have been
the sole LTI
incidents in over 8.6 million man-hours worked
during 2017 in
Kuwait Energy’s
operated areas.
The table below provides the number of days without an LTI in
Kuwait Energy’s
countries of operation both at the
end of the 2017 and at the end of 2016:
Country
Days without LTI
(at the end of 2017)
Days without LTI (at the of end of
2016)
Iraq
144
816
Egypt
685
320
Yemen
941
576
Production
For 2017,
Kuwait Energy
achieved an
average daily WI production
of
26,819 boepd
, an
increase of 9.7% on the
2016 average
(24,451 boepd
)
.
Total WI production for the year was 9.8 mmboe
an
increase on last year’s
total
(8.9 mmboe).
The Company’s production growth in 2017 has been primarily driven by the expansion of activities at
Block 9 (Iraq)
.
Average WI production
at
Block 9
for the year was
9,583 boepd
(from 3 producing wells). With the February
start-
up of Faihaa-4, anticipated start-up of Faihaa-5 and first gas at Siba
, the Company envisages a
substantial increase
in production
from its Iraqi activities by the end of 1H 2018.
In Egypt,
production targets for the year were exceeded,
primarily due to our work over and well management
program, with the
average daily WI production for 2017 being 14,859 boepd
. A prime example of the Company’s
successful Egyptian work over programme can be seen at the
Burg El Arab
development – where
average daily WI
production increased throughout the year
(1,051 boepd in Q1 2017 to an average of 1,462 boepd for Q4 2017).
Our
Yemen production remains suspended
; however, the Company is positioned to restart activities when the
situation in the area permits.
O
PERATIONAL
A
CTIVITY