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Corporate Social Responsibility Report
Overview
Kuwait Energy observes high standards of Corporate Social Responsibility (“CSR”) and is committed to operating an
environmentally aware and socially responsible business.
Implementing international best practices, Kuwait Energy respects the environment and works very closely with its
communities to address important aspects of local needs and ensure Kuwait Energy contributes to the areas where it
operates. The Company has continued to do this throughout the year on a wide variety of initiatives, heavily concentrated
in Egypt given the scale of the Company’s operations there but also substantial amounts in Ukraine, Latvia and Russia.
Kuwait Energy employs and trains a large number of local people and at year-end 2011, 82% of our employees were local
to the country of operation.
Activities
Activities during the year have included: extensive Environmental Impact Assessments in the area of assets/potential
projects, financially supporting infrastructure projects, as well as charity and special aid projects.
In Egypt, Kuwait Energy completed a wide variety of notable activities including: the raising of hygienic standards, due to
deteriorating conditions, in schools in Ras Gharib, Egypt. Kuwait Energy pledged to renovate the hygienic infrastructure
of these schools, replacing substandard water tanks with bottled water and cleaner water tanks to guarantee students
receive a clean supply. The Company also rebuilt the school’s bathrooms. Ras Gharib schools were also provided with fire
extinguisher equipment and special training.
Other initiatives in Egypt invoved the sponsorship of student magazines for the Society of Petroleum Engineers and the
Society of Exploration Geophysicists (SEG) and arranging a site visit for SEG students to learn about health and safety
procedures. The Company also paved roads in front of its offices in Cairo’s Maadi district.
Also in Ras Gharib, the Company helped indigenous people to start their own micro-projects, which involved the provision
of equipment and merchandise to enable the start of small businesses and the development of entrepreneurship skills.
During the holy month of Ramadan, for the second consecutive year, Kuwait Energy distributed 350 food bags, containing
essential food products, to underprivileged members of the Ras Gharib community. The Company also participated in
a blood donation campaign organized by Egypt’s National Blood Transfusion Center, aimed at helping wounded victims
of the January 2011 revolution.
The Company was also extremely active in Russia, Ukraine and Latvia. In Russia, the Company sponsored aid programmes
for children’s educational facilities and elderly members of the Kadherom community, where the Company operates.
An aid programme to provide oil and gas industry veterans with gymnasium access was put in place as well as financial
assistance being provided to the local hospital to purchase medical equipment.
In Ukraine, Kuwait Energy made a very wide array of financial donations supporting local causes. These donations were
made to the locals and authorities in the Ukranian districts of Lokhvitsa, Chernukhy, Shakhvorostivka, Kybynska and Varva.
Donations contributed towards sewage system repairs, the construction of heat generators, repairs to schools and the
improvement of local infrastructure.
In Latvia, Kuwait Energy’s social responsibility ensured that no concerns were raised about the Company’s planned
offshore drilling activity when considered at a public hearing.
The Company also completed its annual, two-month internship programme for a group of Kuwaiti and international
students offering first-hand experience of the oil and gas industry. Additionally, Kuwait Energy hosted five Latvian graduate
students in a three month internship programme providing full-time field and office experience in Egypt and Kuwait.
It also completed its fourth consecutive year of involvement in the Kuwait Science Fair, which generates student interest
in maths and science from an early age. It also made a voluntary donation to Somalia’s embassy in Kuwait, lending
financial assistance to Somalia’s famine victims.
The Company seeks to enhance its CSR reputation, year-on-year and is particularly proud of the breadth of initiatives it
implements.
