Abstract
Kuwait Oil Company manages the production and export of oil and gas with the associated facilities from different oil fields in the state of Kuwait. Kuwait Oil Company has ambitious growth targets with challenges of expanding portfolio, high water cuts, lower reservoir pressures, new facilities, and complex production processes. In recognition of these challenges, KOC Leadership Committee created the Production Excellence and Planning Team (PE&P) in June 2015. KOC assets are committed to the company's vision to achieve a leading global position in the Oil & Gas industry. Operational Excellence is an element of organizational leadership that stresses the application of a variety of principles, systems, and tools toward the sustainable improvement of key performance metrics. This is only possible through the consistent and transparent view of companywide production, capacity (wells and facilities), constraints and loss numbers. Efficiently deriving actionable insights from the vast amounts of data generated upon a daily basis is a strategic priority for KOC. The ongoing digital transformation across KOC is one lever to attain the step change in performance required to meet KOC's targets.
KOC S&EK in 4th Dec 2017 launched the Integrated Operational Excellence Program (IOX) in S&EK for one year and was completed with key lessons learnt. Technology and innovation continues to be the foundation of KOC's success and Business requirements mandate that the company further incorporate the transformational opportunities of the digital revolution, by leveraging key advances in areas such as surface & subsurface modelling, big data, advanced analytics, and the digitally connected workforce into our daily workflows. Building on the powerful Production Excellence Framework and the consistency and transparency it generates, KOC can achieve its ambitions around the Digital Oil Field of the future leading to Business Digital Transformation.
