Kuala Lumpur, Malaysia - 10 December, 2014: RasGas Company Limited (RasGas) is once again making a strong presence at the 8th International Petroleum Technology Conference (IPTC) currently being held in Malaysia's capital, Kuala Lumpur.
This evening, the RasGas Expansion Phase 2 (RGX2) project - one of the company's largest and most ambitious ventures - received the IPTC Excellence in Project Integration award on the inaugural day of the three-day event. From amongst 13 submissions considered, the Company was shortlisted along with Shell and Aramco before being selected for recognition at the award presentation and conference dinner.
The Award is given to a project that adds value to the industry and exemplifies strong teamwork, solid geoscience knowledge, reservoir and production engineering acumen, determined and watchful construction, and outstanding facilities engineering practices. Equally important, successful projects require a pervasive health safety and environment (HSE) culture, and a positive impact on the country, the region and the world.
"RasGas consistently strives for excellence in all areas of our business. To receive this IPTC award for a project as complex and challenging as RGX2 is testament to the Company's ability to deliver on that vision in a comprehensive fashion in our project management. This award recognises RasGas' ability to execute mega projects in efficient and effective manner while adhering to the highest standards of safety, quality and environment. It is indeed a proud moment for RasGas, our shareholders and the State of Qatar," said Nafez Bseiso, Chief Venture Officer, who received the award on behalf of the Company.
Throughout the conference, two RasGas Chief Officers will share the company's experiences and perspectives to pertinent issues related to the liquefied natural gas (LNG) industry.
Brett Doherty, Chief Safety, Health, Environment and Quality Officer was featured on a panel discussion on the second day of the three-day event sharing his views on how to deliver HSSE and operational excellence. Kick-starting the debate, Mr Doherty spoke of the importance of integrated operating managements systems (OMS) and discussed the merits of adopting an industry-wide framework for best practice, such as the recently released International Association of Oil and Gas Producers (IOGP) OMS 510.
On the closing day of the event, Ray Mitro, Chief Subsurface and Technology Officer is due to participate in a panel discussing the dynamics of "Collaboration, Outsourcing or Building Internal Capabilities" in developing strategic partnerships to achieve technology development goals. Mitro will speak about the importance that technology will continue to play in RasGas future expansions as well as increasing overall efficiency, reducing cost and mitigating operational risks. He will explain how RasGas realigned its technology development strategies over time to meet its short and long term technical needs.
RasGas was also represented by three presenters who shared their expertise on various technical topics ranging from using social responsibility to serve the business to effective maintenance programmes. They drew on their experience working on the Company's impressive portfolio of operating facilities including the much anticipated 10.3 billion USD Barzan Gas Project set to serve the domestic market in Qatar.
The eighth edition of the conference attracted thousands of industry professionals from all over the world to share experiences and knowledge in this highly complex and technical field of oil and gas. This was RasGas' eighth consecutive participation in the event and the third win of an IPTC Excellence in Project Integration award.