KNPC IMPROVES WORK STRATEGY BY USING MAXIMO PROGRAM KUWAIT, JULY 6 (KUNA) -- KUWAIT NATIONAL PETROLEUM COMPANY (KNPC) ANNOUNCED HERE ON SATURDAY ITS INTENTION TO APPLY "MAXIMO" PROGRAM TO HELP THE COMPANY MAXIMIZE PRODUCTION WHILE REDUCING ITS RISKS AND CONTROLLING ITS EXPENSES THROUGH BETTER MANAGEMENT OF ITS ASSETS.
A PRESS RELEASE ISSUED TODAY BY THE COMPANY SAID THAT THE NEW PROJECT WILL HELP IMPROVE AND MAXIMIZE THE LIFE EXPECTANCY OF THE COMPANY'S ASSETS AND MINIMIZE OPERATING COSTS IN ADDITION TO PROVIDING METHODS TO EVALUATE AND ANALYZE WORK PERFORMANCE.
THE PROJECT NAMED "KIMS" IS SUPPORTED BY THE MAXIMO PROGRAMS FROM MRO, A MAJOR ELECTRONIC SOLUTIONS COMPANY.
THE DIRECTOR OF KIMS AT KNPC, DABOUS AL-DABOUS, SAID THAT THE PROGRAM WILL BE LAUNCHED DURING THE FIRST QUARTER OF 2003 AND WILL BE APPLIED IN ABDULLAH REFINERY FIRST AND THEN MOVE ON TO OTHER REFINERIES IN ORDER TO IMPROVE ITS POSITION IN THE COMPETITIVE INTERNATIONAL OIL INDUSTRY.
THE PROGRAM, HE SAID, WILL ALSO PROVIDE THE COMPANY WITH IMPROVED METHODS FOR ASSET MANAGEMENT, MAINTENANCE OF EQUIPMENT AND A UNIFIED PURCHASING POLICY. (END) HQ.BN KUNA 061402 Jul 02NNNN