4 / 10
4
Health, Safety, Sustainability and Environment
Kuwait Energy classifies its recordable incidents as Fatalities, Lost Time Incidents,
Restricted Work Incidents and Medical Treatment Incidents.
One recordable incident took place in Kuwait Energy’s operated areas. A highway
vehicle collision 120 km from Cairo and 190 km from Abu Sennan field in Egypt led to
the fatality of the vehicles passenger.
The table provides the number of days without LTI at the end of Q4 2015 for the countries in which Kuwait Energy operates.
Production
Kuwait Energy achieved a quarterly average daily WI production of 25,194 boepd in Q4 2015, 7.1% higher than the previous
quarter due to production start-up on Block 9, Iraq. Production is 5.9% less than the corresponding quarter of the previous year
due to the shutting down of production in Yemen beginning from April 2015 as a consequence of the political situation that
prevented cargo ships from entering the oil export port.
The Group managed to partially compensate for its Yemen production being shut in by the startup of Block 9 production in Iraq
and increasing production in Egypt. This was achieved by implementing efficient operational processes and making adjustments
in operational plans. As a result, production only decreased by 5.9% in comparison with the corresponding quarter of 2014.
The chart below shows quarter-by-quarter daily Working Interest average production of the Company from Q4 2012 to Q4
2015:
O
PERATIONAL
A
CTIVITY
Country
Days
without LTI
Iraq
450
Yemen
210
Egypt
24