ITQAN - YBA KanooYBA Kanoo · CONTACT DETAILS YUSUF BIN AHMED KANOO W.L.L P.O Box: 45, Manama...

Saudi ElenexExhibition

08

Interview: Firdous Sheikh

11

UnravelingThe Oil Conundrum

34

www.kanoo.com

COMMITMENT TO PROSPERITYHRH Prince Salman bin Hamad Al Khalifa visits the Kanoo Majlis

ITQANNEWSLETTER

2017 | ISSUE NO. 10

CONTACT DETAILS

YUSUF BIN AHMED KANOO W.L.LP.O Box: 45, ManamaKingdom of Bahrain

Kanoo TowerRd 1703, Blk 317, Diplomatic AreaKingdom of Bahrain

Phone: +973 1722 0220Fax: +973 1722 9122Web: www.kanoo.com

TABLE OFCONTENTSITQAN NEWS 2017 | ISSUE NO. 10

01 CEO's Message

02 Events02 Ramadan Majlis

04 Media Ghabga

05 Bahrain Staff & Partners Ghabga

06 Western Province Staff Ghabga

06 2nd ISA UAE Automation Conference & Exhibition 2017

07 East Coast Festival

07 i2i US Delegation Executive Event

08 Saudi Elenex Exhibition

09 Bahrain Polytechnic Students Presentation

09 Youth Day In Dammam

10 10Th ASNT-SAS Monthly Technical Workshop

10 Kanoo Logistics Western Province Wins Cricket Tournament 11 Features11 In The Spotlight With - Ms Firdous Sheikh

12 In The Spotlight With - Mr Waqar Waheed

14 Group News GENERAL NEWS

14 Circular from The Group Chairman

14 MrWilliamDennison-ChiefCommercialOfficer

15 KSA Promotion

15 MenaMe Training

16 IT Security

17 Visits to Various Centers in Bahrain

18 Earth Hour

18 Employees of the Month

18 Iftar at Kanoo Mosques

19 Mr Kiri's Retirement

SHIPPING & LOGISTICS

19 Facelift to Kanoo Commercial

20 Inbound Contract with Advanced Petrochemicals

20 Kanoo Logistics EP Wins BASF Transport Contract

20 Kanoo Rental Secures Contract with ARAMCO

20 Kanoo Logistics Wins Contract with SAIPEM

20 BICS Wins 5-Year Contract with BAPCO

21 F1 Glory for Kanoo Logistics

22 Commitment to HSSE

23 Kanoo Logistics Safety Day

23 BICS Relocates to Hidd

23 KRT Moves to New Warehouse

23 EP Relocates to KLE 1 Near Port

24 Kanoo Shipping Dammam Achievement with Vessel Brokerage

25 Launch of New Liner Shipping System

25 Rescue Operations at Jeddah

26 Kanoo Shipping Bahrain Relocates

INDUSTRIAL & ENERGY27 Project Update - Arabian Cement Company

Power Plant Extension

28 Epoxy Coating at BAFCO Farm

28 New Olympus - Authorised Repain & Calibration Centre

28 O&G Secures Prestigious Order from Dubai Municipality

28 Huge Order Recived from Nawaf Mattar Al-Adwani & Partner

29 BANAGAS Project

30 Order Receoved FROM Sharq - SABIC

30 PIPCO adds New Service to Portfolio as an EPC Company

31 P&IP Safety Events

32 MIS Arabia Orders Screens

32 TCC Recives Safest Contractor Award

KANOO TRAVEL

32 Non-Stop Philippine Flights from Jeddah

32 Honoured

KANOO CAPITAL

33 New Brands Launched by Kanoo Liwa

34 Unraveling The Oil Conundrum

35 New Staff

EDITORIAL TEAM

Editor-in-Chief:Hussain Rasool

Editor:Andrew Rodrigues

Creative Director:Manayel Al Ameer

I hope you’ve had a blessed month of Ramadan and a happy and relaxing Eid holiday spent with your loved ones. The time away provides an opportunity for us to reflect personally and professionally,returning with renewed energy, ready to tackle the 2nd half of 2017. We are transforming ourselves in a world that is transforming. This opportunity for reflectionandpositivechange is very rarewithinan organisation’s lifecycle. We are very fortunate to have this opportunity and are in the midst of our Vision 2020 Transformation Plan to ensure YBA Kanoo’s continued success.

You, colleagues, are the heart of the transformation. We must embed a culture of accountability, collaboration and innovation. Key Performance Indicators have been set across the Group. Our people, along with the new infrastructure which is currently being implemented, will ensure that we achieve our collective goal. Digitalisation of the business will allow greater visibility, quality and control. We cannot control customer’s decisions, butwecan influence theirbehaviour throughouractions. It is our collective responsibility to be ‘lean and mean’ and send the right messages to the market.

As we embark on this journey, we will open up a world of opportunity which we can capitalise on together if we are innovative, analytical, risk-driven and proactively anticipate opportunities and risks. During the recent ‘Quarterly Business Update’ we invited all managers to analyse and understand the current group performance, all managers must focus on their top line. We are standardising our monthly information systems which will allow greater transparency on our achievements. Revenue by country is important as each country has its own market specificity. We need to optimise ourresources as a Group. Another item covered on the Business Update was Value Added Tax (VAT). You will be hearing more about the changes required over the next few months; we should all be aware of these new regulations as they affect the way we do business moving forward.

I am pleased to report that all Vision 2020 Workstreams are progressing well; it is critical that we do not allow the momentum to slowdown. We can achieve Vision 2020 by working together across divisions; and by being committed to delivering sustainable excellence. As we make our vision a reality, we will become a ‘partner of choice’ within the market. This will be achieved by focusing on compliance as well as engaging our customers and collaborating with them to truly understand their needs and offer them innovative solutions.

In the last newsletter, I invited you all to take on the challenge and “BECOME AGENTS OF CHANGE”. I am pleased to share the views of two of our talented colleagues, Ms Firdous Sheikh and Mr Waqar Waheed; who responded and tell us more about how they are working to achieve Vision 2020.

Remember, no matter how big the challenges ahead are, trust me – the rewards are much bigger. I invite you all to take part in this positive change that we are working hard towards because, together, we can achieve much more rather than working alone.

With best regards,

Dr Patrick ChenelGroupChiefExecutiveOfficer

CEO'SMESSAGE

02 ITQAN NEWS 2017| EVENTS

RAMADAN MAJLISHis Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander & First Deputy Prime Minister visited the Kanoo Family recently at the Guest House and gave his best wishes during the holy month of Ramadan. He emphasised strong bonds that existed between the Kanoo Family across Bahrain’s society and their role in advancing the kingdom’s development.

His Royal Highness the Crown Prince also highlighted YBA Kanoo’s commitment to employ locals and deliver significant economic returns. He went on to stress that it is incumbent on all to build on past achievements through the introduction of modern policies.

The Kanoo Family with HRH the Crown Prince

02

Talal and Nabeel Kanoo with a guest

Dr Patrick Chenel, Group CEO interacts with the HRH Crown Prince

Guests with Kanoo Family members

Mr Fawzi Kanoo welcoming the HRH Crown Prince

Khalid, Nabeel and Ahmed

03 ITQAN NEWS 2017 | EVENTS

Khalid Kanoo with a guest

Guests at the Majlis

Fawzi and Khalid Kanoo with a guest

03

Guests with Khalid Kanoo

Abdulhameed Al Koohiji and Khalid Kanoo with a guest

Abdulrahman Al Jawahiri visiting the Majlis

Hussain, Ahmed, Khalid, Hakem & Graham

Khalid Al Romaihi and Nabeel Kanoo with guests Fahad, Nabeel, Ahmed & Talal

Nabeel Kanoo and Khalid Al Rumaihi


RAMADANMEDIA GHABGA

In celebration of the holy month of Ramadan and to recognise the ongoing efforts and support given by media members, YBA Kanoo hosted its annual Ramadan Media Ghabga at the Gulf Hotel RamadanTent in Bahrain.

The event was attended by the company’s Board Member, Mr Fawzi Kanoo; Group CEO, Mr Patrick Chenel and a number of senior management and representatives from Bahrain’s media houses who have enormously contributed to the growth and success of the company over the past years.

YBA Kanoo Media Ghabga attendees

Mr Fawzi Kanoo speaks to the media

Fawzi Kanoo, Patrick Chenel & Bill Deneson

Hakem, Nabeel, Alaa & Hussain

Media at the Ghabga with YBA Kanoo ManagementAbbas, Fawzi, Khalil, Hasan & Hussain


YBA Kanoo Bahrain hosted its Ramadan Ghabgha for the management staff and select partners on June 15, 2016 at the Khaiamat Al Khaleej in the Gulf Hotel.

Directors, members of senior management and managers from the corporate office as well as representatives from JV and partner companies attended the Ghabga. All were treated to an entertaining evening with good food and a festive atmosphere.

Staff & PartnersGhabga in Bahrain

Mohamed, Khalid, Patrick, Manohar & Faisal

Guests at the GhabgaHussain, Khalid, Yousif & Mohamed

Ahmed, Abdulrahman, Mohamed Tarrah, Mohamed Bucheeri & Khalid Patrick Chenel & Yousif Al Manea

A group photo of staff and partners at the gathering


YBA Kanoo – Western Province hosted its Annual Staff Iftaar to celebrate the spirit of the Holy month of Ramadan at the Movenpick Al Nawras Resort in Jeddah. The event organised by Mr Ahmed Fawzi Kanoo was aimed to strengthen community relationship amongst the Kanoo staff and the company management.

Mr Ahmed Fawzi Kanoo congratulated the staff on the occasion of the Holy month of Ramadan. He took the opportunity to thank and appreciate the sincere efforts and dedicated work attitude of the staff. Mr. Ahmed pointed out that Ramadan Iftaar has become an annual tradition at YBA Kanoo in Jeddah to foster closer ties between staff and the management.

Kanoo Oil & Gas and GE Sensing participated in the 2nd Annual UAE Automation Conference and Exhibition 2017 organised by the International Society for Automation held in Abu Dhabi from 15th - 16th of May 2017.

Kanoo Oil & Gas and GE Sensing jointly had a booth where they displayed the Ultrasonic Clamp-on/Portable Flow Meter manufactured by GE and graphics showcasing the range of products and services offered by Kanoo Oil & Gas and GE Sensing.

WESTERN PROVINCE HOSTSANNUAL STAFF IFTAAR

YBA Kanoo Jeddah staff at the Annual Iftaar

2ND ISA UAE AUTOMATIONCONFERENCE AND EXHIBITION 2017

Mr. Ramy Diaa from GE presented the papers on “Reducing Uncertainty of Measurement with Advanced Ultrasonic Meter technology”.

The exhibition was attended by many industry experts from companies like Saudi Aramco ADNOC, GASCO, Siemens, Borouge, Yokogawa, ADMA-OPCO, Rockwell Automation, ADGAS, PDO Oman, Petronas, ADGAS and ABB.

At the opening ceremony

The Kanoo ShowcaseThe Kanoo team at the Expo


The East Coast Festival was held at the King Abdullah Environmental Park on the Dammam waterfront, which had a wide array of attractions including the marine history oftheareaoffishingandpearldiving.The festival highlighted the simple manner in which people lived before the discovery of oil. They also welcomed the participation of several Gulf Cooperation Council countries in the event.YBA Kanoo was awarded a shield by His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud which was accepted by Mr Ali Abdulla Kanoo during this festival in Dammam – Saudi Arabia.

On 19th May 2017 King Abdullah University for Science and Technology (KAUST) hosted the Saudi-US discussion panel entitled "Innovation to Impact" on Science and Technology Opportunities in collaboration with the General Authority for Small and Medium Enterprises(SMEs),inpreparationforthefirstSaudi-USCEOs Forum 2017 hosted by the city of Riyadh.

EAST COASTFESTIVAL

i2i US DELEGATION EXECUTIVE EVENT

This seminar was attended by more than 100 officials,academics and businessmen representing specialised companies in technology, innovation, and leading researchandscientific institutions from theUnitedStatesof America. The President of KACST described the panel as distinguished in its development tracks including the developmentofSaudi capabilities in thefieldof scientificinnovation, research and entrepreneurship in line with the Kingdom of Saudi Arabia's Vision 2030. Kanoo Travel got the opportunity to be a part of this mega event and their efforts were richly appreciated by the KAUST management.

At the presentation

Attendees from the Kanoo team

His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud handing the award to Mr Ali Abdulla Kanoo

VIP Attendees at the East Coast Festival


SAUDI ELENEXEXHIBITION 2017Kanoo Machinery and Perkins Engines jointly participated in the 8th Saudi Elenex 2017 Exhibition held in Riyadh from the 14th - 16th May 2017. Previously called Saudi Power, it has been renamed Saudi Elenex in 2017. It is a trade exhibition for the power, solar and lighting sectors in the Saudi Arabian market. The event is held under the high patronage of the Ministry of Water & Electricity, Kingdom of Saudi Arabia.

The main objectives to participate were to reinforce theYBAKanooGroupas theofficialPerkinsDealer forKSA and the greater GCC region, supported closely by Perkins Engine Company Ltd. It was also to highlight YBA Kanoo product support capability for all Perkins engine customers; including after-market parts availability, service, training and warranty support.

Kanoo Machinery and Perkins Engines had a space of 18sq meters where the following were showcased:

1. 1100 series engine

2. Cutsectionsoffilters

3. Touch Screen

4. Graphics depicting our after-market, parts and service

5. My Engine application

Seven Customer loyalty awards were handed out to the following customers displaying Perkins powered equipment at Saudi Elenex.

1. Ghaddar

2. Teksan

3. GB Power

4. AKSA

5. Almajd Power

6. RG Power

7. Abdul Latif Jameel

A joint advertisement as well as an editorial were released in the Technical Review Middle East to coincide with the event.

Receiving an Award for participation

During a demonstration at the stand Group Photo with participants

The Kanoo team at Saudi Elenex


The Business School students of Bahrain Polytechnic were invited over to the Kanoo Tower, Bahrain recently for a general presentation on Strategy Development conducted by the Group HR & Administration Manager Mr Christopher D’eath.

The presentation included strategies on how to build and execute a strategic business plan, how to establish a programinfrastructure,ProjectManagementOffice(PMO)operations,projectworkstreamsandreportingstructure.

The students found the presentation quite informative as the content included Strategic Management curriculum and the relevance to what they were being taught in the classroom. it was helpful for them to translate the conversion of strategy theory into practice.

YBA Kanoo advocates knowledge transfer to train and develop through student programs and enhance skills, knowledge and team-building.

YBA Kanoo in the Eastern Province of KSA took part in “Our Youth Is Precious To Us" campaign in Saudi Arabia. YBA Kanoo was duly honoured by His Royal Highness Prince Saud bin Nayef bin Abdulaziz - Governor of Eastern Province, Saudi Arabia.

Bahrain PolytechnicStudents Presentation

YOUTH DAYIN DAMMAM

Chris De'Ath with the attendees

His Royal Highness Prince Saud bin Nayef bin Abdulaziz awarding Ahmed Bu Hishi Posters of the event

10

Kanoo Testing & Diagnostics Services, a unit of P&IP, Eastern Province participated in a technical workshop conducted by the American Society of Non-Destructive Testing, Saudi Arabian Section (ASNT-SAS).

Around 90 members of ASNT-SAS, mostly NDT Level III engineers attended the workshop representing the following sectors and companies:

1. Saudi Aramco – Dhahran Inspection Department

2. Satorp

3. NDT inspection companies – NDT CCS, AMSYCO, TCR ARABIA, INATT, NOV TOBOSCOPE VETCO SAUDI ARABIA, MIZAT ADVANCE NDT, COOPERHEAT, KNDT ARABIA, TUV RHEINLAND, INSPECTORS UNION CO., AL SUWAIDI INDUSTRIAL SERVICES,SIEVERT ARABIA,UNIVERSAL INSPECTION SERVICES,SOGEC NDT,BISCO, PIPE & WELL O&M SERVICES, AYC-NDT, DJC , STAR INTL NDT SERVICES, Global Inspection Company.

4. PIPE MILLS: GROUP FIVE PIPE COMPANY, GLOBAL PIPE COMPANY, SAHARY GLOBAL STEELS, NPC.

5. FABRICATION: ARABIAN CBI, OLAYAN DESCON ENGG COMPANY, PETROCHEM (NSH Group)

6. PIPELINE CONTRACTOR: CHINA PETROLEUM PIPELINE BUREAU, ARKAD ENGINEERING & CONSTRUCTION.

We displayed all the NDT, RVI and ANI Equipment with hands-on section during the workshop.

We also displayed CORTEC FOR CORROSION PROTECTION, ROCOL – DYE PENETRANT, CLEARANCE AND DEVELOPER AND SAFTEY PRODUCT – Personal Protection Equipment.

Kanoo Logistics in Western Province of Saudi Arabia

won the 20th Kanoo Cricket Tournament under the

captaincy of Yazar Arafath!

This tournament was held in April 2017. Kanoo Logistics

is now the champion, both in the 7-side and 11-side

tournaments for 2017!

OnbehalfofMrAhmedFawziKanoo’soffice,Mr.Sultan

Alyazeedi distributed the winner’s trophy. These series

were ongoing for the last three months and our team

was constantly performing well.

Siras Fareed won the “Man of the Series” trophy. Imran

Sheradi was the overall organizer and he had performed

an excellent role.

KANOO LOGISTICS WESTERN PROVINCEWINS CRICKET TOURNAMENT

10th ASNT-SAS MONTHLYTECHNICAL WORKSHOP

ITQAN NEWS 2017| EVENTS10

Participants receiving an award

During the socialization session

During one of the sessions

Kanoo Logistics Cricket Team

11

We had invited readers in our previous issue to talk to us about being ‘Agents of Change’, taking Vision 2020 forward and we are pleased to feature Ms Firdous Sheikh and Mr Waqar Waheed who responded and they give us a glimpse of what they feel through their eyes and experiences.

Read on…

ITQAN NEWS 2017 | FEATURES

Interview:Ms. Firdous SheikhBUSINESS DEVELOPMENT/SEAFREIGHT EXPORT SUPERVISOR – Kanoo Logistics

I first joined YBA Kanoo in June 2009 as Sea Freight Operations Executive. Prior to that, I have worked with Inchcape Logistics as Business Development Executive.

I currently handle multiple roles in Kanoo Logistics. Most prominent being Business Development and Sea Freight Exports Supervisor. I also head the Project Logistics for Kanoo Logistics Bahrain as well as help facilitate the commercial tenders.

IwasfirstintroducedtotheworldofLogisticswhenIwasa little girl. I had an uncle who worked for operations in alogisticsfirminIndiaandhewouldtelluswork-related

IN THE SPOTLIGHT:AGENTS OF CHANGE

incidents or stories and how Logistics connects the world. It is a diverse profession with a lot of opportunities for growth not just in Bahrain but worldwide. Every company uses logistics in one way or the other. I think, I was fascinated by this from early childhood, but it wasn’t until Istartedworkinginthisfieldthatmademefallinlovewiththe profession.

There is never a dull day at work. You are faced with multiplechallenges,intheofficeaswellaswhenyouareinvolved in ground operations. I guess, it was these varied opportunities and challenges that got me hooked to the profession. Let’s just say it’s not a profession for the faint-hearted.

With the introduction of “Vision 2020” strategy in the organisation, the difference I see in the company and for our division is that we have seen YBA Kanoo changing and expanding by using its powerful name and history to integrate into the market. Being one of the oldest in the region, we have extensive expertise which gives us an added advantage over others. I have personally seen the interest in divisions to work together and the active involvement of the management to meet its goal.

Previously, even in Kanoo Logistics, we have worked as separate branches, each with a different name, working to only benefit themselves. Now we are all under theumbrella of ‘One Kanoo’ and collectively known as Kanoo Logistics. We function as one division looking for opportunitiestobenefitnotjustourselvesbutthewholeof YBA Kanoo. We are slowly imprinting the YBA Kanoo emblem, if not globally but regionally together.

The benefit through my contribution is mutual. I haveseen Kanoo Logistics grow through the years and I have equally grown along with it both professionally and personally. My main contribution to Kanoo Logistics has beenmyexperience,bothonandofffield.Ihaveextensivecommercial and technical knowledge which helps me to meet the customer requirements not just by offering better services but also by providing solutions, which are financiallyandoperationallybeneficial totheclient.Thiscreates a loyal and sustaining customer base making us the Logistics leaders in the market.

With the company’s new strategy initiatives, I am looking forward to seeing YBA Kanoo emerge as the regional leader and be proud to be a contributor to that. My only suggestion would be to maintain the strategy and not to deviate from it. There will be many challenges and obstaclesbuttogether,Iamconfident,wecansucceed.

The challenges at workplace and how I overcome them? Like every organization, we have had our fair share of problems: from picking the right kind of person for the right task to not being able to function as a team. We conduct regular meetings. This helps to minimise failures as well as define SOPs and meet KPIs. We still face multiplechallenges every day, whether it’s from operational prospect, overloaded individuals or from client’s point of view. My motto has always been the same, it’s better to

Firdous Sheikh

12 ITQAN NEWS 2017 |FEATURES12look for the solution than to stretch the problem further. Once the issue is resolved, I prefer investigating the cause of it to avoid facing similar issues in future.

I think every woman is a role model in herself, whether it’s a mother, sister, housewife or daughter. The strength of a woman can be seen in everyday life doing everyday tasks from home-making to wearing helmets at Port sites. History has proven time and again that we have always hadtofightforourplaceandrights.Butnowwedoseewomen multitasking, leaving their impressions in every field and being leaders. There is hardly anything that awoman cannot do, and the best part is, we women do it in style.

I would like to give my colleagues an inspiring message and that it’s been wonderful working with all of them. Every person makes a difference in the organisation and together we bring the change. Every job is a self-portrait of the person who does it, so do it to the best of your ability. Be an inspiration to others in your own way.

If I look ahead 10 years from now, my professional ambition would be to being the Regional Head of Project Logistics or being part of the corporate commercial team management in our organisation.

I’m a very active person outside of my work and my hobby is that I like to keep myself busy. Most of the days, it’s some sort of outdoor sports like football, badminton or swimming. I also love travelling, adventure sports, reading, playing PS4. If all else fails, it’s heading to the beach with my family and friends.

Interview:Mr. Waqar WaheedCommercial Manager of Power & Integrated Projects Co. Ltd. (PIPCO) – Jeddah

I have been working and living in the GCC since 1990 (Saudi - 23years and UAE - 3years). I began my career as a sales executive for commercial vehicles, construction & earth-moving machinery and lifting equipment. I have worked with leading dealership companies/agencies of trucks and heavy equipment.

I first joined YBA Kanoo in June 2008 as Regional Manager in Machinery-WP. In March 2014, I was transferred to PIPCO to develop new EPC and O&M contracts. I am grateful to YBA Kanoo management, the Kanoo family and the P&IP management for giving me this valuable opportunity to be featured in this newsletter.

The Company’s Vision 2020 and setting ”One Kanoo” as its core purpose to unify the group has had a positive impact on our colleagues, as we all are excited to be part of this unified group where everyone gets the opportunity to extend their working relationship beyond their department and regions.

Since 2014, my job was to win projects for PIPCO. I won quite a few deals with Nijhuis Netherlands for some contracts in Saudi. Our team did well in the execution of those projects. Thus, we won a 3-year contract with O&M. So, I’m glad it’s a win

Firdous awarded with the ITQAN Excellence Award

Waqar Waheed

13 ITQAN NEWS 2017 | FEATURES

Waqar in his office

within my team rather than division because of my actions.

I stopped spending time on activities and proposals that did not add value, as these could not be executed and extended my support further down the line. I have always been shifting my focus on customer needs and provide solutions to their problems, which in turn created better opportunities and relationship with them resulting in long term deals.

I am gradually embracing and exploring the new digital tools, gadgets and software that are made available to us. The digitalization program creates better utilisation of resources especially with the migration of emails to Office365, Windows 10, Skype for Business, OneDrive and advancements of digital technology.

After working for so many years in the Machinery business, I have gradually integrated and adjusted to the changing business landscape, such as my new role as commercial manager of PIPCO and I am focusing on customer relations with the support of team members and management. This move has positively carried our business forward in terms of improving and growing our market coverage, as I have seen improvements taking place. Understanding the implementation of ITQAN strategy along with the motivational incentive schemes for staff will enhance our market coverage and we are positive that we will grow our revenue by the end of year 2017.

We are proud to acknowledge that we have broken down a country barrier within our division. With our new project ACC7 Rabigh in association with MAN Germany, we have placed the high value order of over SR5 millions for Kanoo Engineering Dubai and have hired the services of TCC. We are also negotiating with Kanoo Security for the supply and installation of CCTV system for this project.

I see opportunities in the company’s transformation process with respect to managing and planning of Machinery business, Power Projects Construction management, Operation and Maintenance contracts, etc. I consider these as challenges and opportunities for growth to utilise and test our experience, attitude and skills. I have analysed this situation by looking at the facts and have selected the best approach by creating a plan of action and tackling the situation.

The value-adding tasks become easier when we understand the difference between “Being busy” and “Being effective”. It is easy to focus on value adding or new tasks, as I would review and determine to eliminate or delegate unimportant and low value tasks and replace them with value-added ones.

In year 2020 I would like to see YBA Kanoo celebrating the achievements of vision 2020 and announcing Vision 2030 plan. My objective for the company is to achieve “One Kanoo” goal under Vision 2020 by executing the transformation plan and make Kanoo the best choice for their partners, principals and employees.

14 ITQAN NEWS 2017 |GROUP NEWS14

Dear Colleagues,

It is with pleasure the Holding Company Board announces the appointment of Mr Khalid Kanoo as the Deputy Group Chairman.

Mr Khalid Kanoo - KSA Chairman

The Board wishes Mr Khalid Kanoo to focus his efforts on oversight of the business via the Holding Company Board and its sub-Committees. As a strong advocate of corporate governance and a scholar of Family Business practices, Mr Khalid Kanoo is ideally placed to help the Board fulfill its duties effectively and efficiently.

Please join me in congratulating him and wishing him all the best in his new role.

Mubarak Jassim KanooGroup Chairman

Mr Mubarak Kanoo - Group Chairman

MR WILLIAM DENNISONCHIEF COMMERCIAL OFFICER

Dear Colleagues,

I am pleased to advise that Mr. William (Bill) Dennison has recently joined the Executive Management team at YBA KanooasChiefCommercialOfficer.Bill ischargedwiththe evolution of the pre-sales and commercial activities for The Group, across the region.

Bill’s international career began when he accepted sponsored emigration to South Africa, for one of the major indigenous mining companies that is now part of BHP. Whilst in Africa, Bill joined Honeywell (a US Fortune 100 Company), and enjoyed a 20+ year career covering a variety of senior roles in Sales and Operations both on theglobalstageandspecifically in theGCCregion.Hisglobal role was focused on winning substantial portions of complex and significantly large Industrial basedcapital projects. Bill has extensive leadership, sales and teamwork skills, he has gained significant experiencedeploying best practice across a variety of industries in truly multi-cultural environments.

Bill started his career in Engineering, being sponsored by British Steel Corp (now Tata Steel) and studied Automation at the University of South Wales. He has completed several post-graduate diplomas in sales and general management. Please join me in welcoming Bill to the company. We look forward to his active contribution to the management of the business and his leadership of the changes called for under Vision 2020.

Patrick Chenel Group CEO

CIRCULAR FROMTHE GROUP CHAIRMAN

Mr William Dennison - Chief Commercial Officer

15 ITQAN NEWS 2017 | GROUP NEWS 15

KSA PROMOTION

MENAME TRAINING

Dear Colleagues,

I am pleased to inform you of the following promotion and structural change, which comes into effect immediately in KSA.

Mr Abdulla Mutlaq has been promoted to the position of Executive General Manager of Administration & Personnel.

In addition to his existing responsibilities, he will now manage all functions that previously reported to the Country Manager and hold all signing authority for the company in KSA.

As we move forward to deliver our Vision 2020 strategy I would like to thank Abdulla for his continued support and Iamconfidentthat thesechangeswillcontributetooursuccess.


A 3-hour “MenaME” Training session was conducted recently for 4 days for all YBA Kanoo managers & staff in Bahrain to introduce the new employee self-service system.

MenaME is the new employee self-service solution that will be implemented soon as part of the Menaitech project. It will help YBA Kanoo to implement best practices in HR functions, including recruitment and selection, training and development, appraisal, succession planning and much more.

Mr Abdulla Mutlaq - EGM of Admin & Personnel

Attendees at the MenaME Training

Richard, Manish, Andrew & Kayam

Abeer with Mahdi from MENAITECH


17 ITQAN NEWS 2017 | GROUP NEWS

Kanoo Foundation visited the Children's Cancer Unit, the Autism Centre, Bahrain Down Syndrome & Tamkeen. The visits were headed by Mr. Nabeel Khalid Kanoo, head of the Kanoo Foundation. During his visit to the Children's Cancer Unit, he lauded the efforts of the hospital administration. In this regard, Mr. Nabeel Kanoo said, “This humanitarian gesture of YBA Kanoo undoubtedly contributes to raising the cancer children’s morale and relieving them of their pain by bringing joy and pleasure in them. It gives me immense pleasure to see the extent of happiness, smile and joy on their faces and we wish them speedy recovery.”

This initiative of YBA Kanoo comes in the context of many of the initiatives undertaken from regular visits to various segments of the society in fostering the spirit of participation and humanity. YBA Kanoo consistently supports established charities, institutions, events and causes through philanthropy, and has dedicated substantial funds to licensed Foundations and Organisations across the region.

VISITS TO VARIOUS CENTRES IN BAHRAIN

The Al Rashad Autism Centre

The Bahrain Down Syndrome Society

YBA Kanoo supports Bahrain Down Syndrome SocietyVisit to Tamkeen

Nabeel Kanoo visits the Children's Cancer Unit in SMC


EARTH HOUR 60+

YBA Kanoo – Western Province participated for the third time in “Earth Hour 60+” -- a worldwide event held annually encouraging individuals, communities, and businesses to turn off non-essential electric lights for one hour. This annual environmental campaign brings attention to the effects of climate change by switching off lights from 8:30pm to 9:30pm, on Saturday 25th March each year.

EMPLOYEES OF THE MONTH

The Employees of the Month awards in Jeddah were presented by Mr Ahmed Fawzi Kanoo to the following staff:

1. Mr Jabir Aamir Al Shehri of P&IP – March 2017 2. Mr Tanveer Hussain of Property – April 2017 3. Mr Shemeer Kabeer of RDC – May 2017

Kanoo Jeddah office observes Earth Hour

Office lights put off in Western Province

Mr. Jabir Aamir Al Shehri of P&IP - March 2017

Mr.Tanveer Hussain of Property -April 2017 Mr. Shemeer Kabeer of RDC - May 2017

To mark the advent of the holy month of Ramadan, all the Kanoo Mosques in Bahrain provided Iftar meals to the worshippers and all the Mosques were adorned with banners announcing that.

IFTAR AT KANOO MOSQUES

Announcement on one of the Mosques


MR. KIRI'S RETIREMENTA farewell dinner was hosted on 24th May 2017 at Flamingo Mall in Jeddah to honour Mr. T. Kiritharan, Chief Finance Manager - WP who retired after serving Kanoo for well over three decades. He is well-known by all as “Kiri”.

On behalf of Mr Ali Abdulaziz Kanoo and the staff of YBA Kanoo group, the Regional Coordination Manager presented Mr Kiri a memento on his retirement who completed 30 years of meritorious services in the organisation.

Mr. Ahmed Fawzi Kanoo also presented Mr. Kiri with a memento in the presence of all divisional heads and staff members from Finance. Mr T Kiritharan being honoured

FACELIFT TO KANOO COMMERCIAL CENTRE, SITRA - BAHRAIN

The YBA Kanoo Industry & Energy team in association with Kanoo Corporate Communications have given a facelift to their Sitra showroom/offices in Bahrain,tobetterreflectthebrandandvisibilityoftheshowroom.

Mr T Kiritharan's farewell attended by colleagues

Kanoo Commercial Centre, Sitra


INBOUND CONTRACT WITHADVANCED PETROCHEMICALS

KANOO RENTAL SECURESCONTRACT WITH ARAMCO

KANOO LOGISTICS WINS CONTRACT WITH SAIPEM

KANOO LOGISTICS EPWINS BASF TRANSPORT CONTRACT

BICS WINS 5-YEAR CONTRACT WITH BAPCO

Kanoo Logistics in Eastern Province, was awarded the customs clearance and transportation contract for imports by Advanced Petrochemicals Company. This is another example of increasing the wallet size with an existing customer and this was successfully concluded by our Customer Relationship Manager, Arshad Salahuddin.

Kanoo Logistics was awarded the customs clearance

and transportation contract by Saipem for Saudi Arabia.

Saipmen is an Italian oil and gas industry contractor.

This effort was successfully led by Mahmoud Samman,

our Regional Projects Manager. This is a good example

synergy with Kanoo Shipping who is a lead service

provider for Saipem.

Kanoo Rental was successful in securing two years’ extension of their rental contract with ARAMCO. A total of 137 pieces of equipment shall be supplied on rent to ARAMCO. The annual billing under this project will be SAR 4.5 million.

Kanoo Logistics in Eastern Province, Saudi Arabia was awarded the transportation contract for three years by BASF for their Building material - Chemical division in Dammam:

Yousif Al Manea was supported by Mahmood Battoyor – our Saudi Operations Head and our Ahmed Shurafa – Saudi Transport Team leader to achieve this contract.

BICS was awarded a 5-year contract for door-to-door shipping services by BAPCO. This was a unique example of a local professional company like YBA Kanoo, being awarded an exclusive contract by a local giant like BAPCO. The team who made this possible was led by Yousif Al Manea including Peeyush, Firdous, Mahmood Rasti, Shafiq, and Yusuf AL Jassas.

The Kanoo Logistics Management team with the CCO


F1 GLORY FORKANOO LOGISTICS

21

The Bahrain Formula One Management was very impressed with the Motorsports & Exhibitions unit of Kanoo Logistics for putting up an overwhelming performance at the recently concluded Formula 1 Grand Prix event. The team received a commendation email from the Formula One Management Ltd., London which appreciated the services of Kanoo Logistics.

The General Manager of Kanoo Logistics, Mr S Krishna

Kumar remarked on this achievement, “I am pleased to

report that the event was very successfully managed by

our Team. For me it was an interesting opportunity to

visit the operations team, and see them in action! The

sheer size of the work done with various sensitivities, out

of gauge, heavy, containerised and non-containerised

equipment; the engagement with officials, ground

support teams, and the round-the-clock effort by the

team was truly commendable.”

Krishna congratulated Richard, Aqeel, the Motorsports team and Mahmood Rasti and the BICS team for the excellent work done. The communication and coordination between the two teams was worthy of a successful case study.

The Key team members led by Richard Fullarton and Aqeel Al Ghasra were:

MOTOR SPORTS TEAMRichard Fullarton, Aqeel Al-Ghasra, Fadhel Sedaif, Hussain Helal, Thajudeen Majeed, Sathianathan K S

BICS SUPPORT TEAMAbdul Wahab (Export airfreight), Mohammed Jameel (airfreight driver), Ali Habib (inbound Seafreight entries), Hasan Ali and Syed Hasan (Airport clearances)

F1 Cargo waiting to be unwrapped

Kanoo Logistics Team

Kanoo Logistics handling the F1 car fleet


COMMITMENT TO HSSEDear Colleagues,

It is our duty to prevent any injury to our stakeholders including our employees; visitors & sub-contractors. Safety is a license to operate and is non-negotiable. To ensure this behavior is embedded to our culture, we have established the HSSE Committee, who will drive our safety initiatives forward throughout the Group.

Our Aim:

• Create AWARENESS through visible displays, training & communication

• READINESS through trained First Responder Teams (Fire Wardens & First Aiders); Well maintained and ready to use firefightingequipment

• PREVENTION through Risk Assessment, Safety walks, Drills, Reviews, Tool box, Housekeeping

• BEHAVIOUR CHANGE through Personal commitment, use of PPEs, Reporting, Intervention, Maintenance, Induction

• Create a sense of OWNERSHIP through personal involvement and engagement

ThefirstHSSEmeetingwasheldinBahrain,acommitteewasformedtorolloutHSSE-relatedinitiatives.Thiscommitteecomprises of:

• Krishna Kumar (Chair)

• Robert Moss

• James Nicholas King

• Steve Blackney

• Khalid A. Abdulla

Moving forward, Quality and Safety will be separated in to two functions to more specific focus on each of these important initiatives.

The HSSE Committee Objectives:

We are starting off with the basics in 2017. We will then advance our efforts in 2018 and aim to reach industry standards by 2019. I am passionate about this initiative, and encourage you all to get on board, take ownership and make the changes required to succeed.


• Bilal Alpha Khaldi

• Philip Mark English

• Christopher DeAth

• Mohamed Bucheeri – (will lead the HSSE functions for KSA & Bahrain)

The Safety Slogan: The Safety elements are:

• To avert work-related death, injury and ill health

• Be always conscious of how to keep your colleagues safe at work

• Consider all staff to be important

• Workplace health and safety policy are at the core

• Safety is all encompassing – at our facilities, on road & at the Customer’s site.

23 ITQAN NEWS 2017 | GROUP NEWS 23

KANOO LOGISTICS SAFETY DAYKanoo Logistics had observed a “Safety Day” for all their staff across the region on 3rd May 2017. To coincide with the event and for the sake of awareness, the General Manager of Kanoo Logistics, Mr S Krishna Kumar printed flyers and safety pin badges (see picture) which weredistributed to all staff. This initiative was endorsed by none other than the Group CEO, Dr Patrick Chenel.

YBA Kanoo takes great pride for all colleagues to work in a safe environment, and that individuals take proactive steps in taking care of others and protect the safety, health and security of everyone at the workplace.

Attendees at the Logistics Safety Day

BICS RELOCATES TOHIDD INDUSTRIAL AREA

KRT MOVES TO NEW WAREHOUSE

EASTERN PROVINCE RELOCATES TO KLE 1 NEAR PORT

After 30 years of successful presence in Um Al Hassam Kanoo building in Bahrain, BICS – a division of Kanoo Logistics -- moved out to a larger and better place in Hidd Industrial area. The new BICS office includeswarehouse and is located very close to the seaport and the airport, and will be able to serve its customers well with the flexibility of growth.

Following the sale of the courier business of KRT -- our Logistics entity based in Dubai -- to Fetchr, a state-of-the-art technology based e-commerce Company, KRT now has relocated to a new warehouse in Al Khail. This is again a step towards reorganisation of Kanoo Logistics.

Kanoo Logistics in Eastern Province of Saudi Arabia relocated its entire team from the HO in Dammam to its Port Facility (KLE1). This is an effort to be closer to the Operations and create the synergy of One team.

BICS new offices


KANOO SHIPPING DAMMAMACHIEVEMENT WITH VESSEL BROKERAGE

Kanoo Shipping Dammam successfully completed their first ever Ship Chartering and Brokerage services in the month of April, 2017. Joint effort by Sales and Liner Manager, Mr. Abid Khokhar and Operations team headed by Mr. Nasir Siddiqui (Operations Manager-Dammam) with active involvement of the top management helped Kanoo Shipping achieve this milestone.

Brokerage isn’t part of Shipping’s daily routine ops, instead its specialised activity requires keen aptitude to carefully manage every chartering aspect during negotiations. However, with firm commitment tobreak this barrier and involve Shipping with this non-conventional activity, the team worked hard to ensure that they succeeded in their endeavour.

During the routine ops, Shipping do receive a few such enquiries throwing brokerage opportunities, however, there are numerous brokers who work exclusively on such enquiries at any given point in time. One such enquiry to export 20,000 MT of Mill Scale to Far East destination, from one of old customers, motivated Shipping to work out a solution for them. Mr. Siddiqui who is heading Dammam operations took up the challenge and utilised his erstwhile experience in Ship Chartering to handle this consignment. Our endeavour, with assistance from our China representative, Mr. David Lee, helped us reach Cosco Shipping Specialised Carrier Co., Ltd., who were able to provide a suitable

vessel for this shipment. However, as always, biggest challenge remained to get all the stakeholders to mutually agree on the T&Cs. This was successfully achieved after quite a bit of effort from Shipping team members.

This success adds rich experience and enhances Shipping reputation, certainly along with earning of brokerage fee and agency appointment from Cosco Shipping. We were appointed as agents by both Charterer as well as the Owner of handy size vessel MV Le Tong at King Abdul Aziz Port, Dammam. Vessel and cargo ops completed to both owner’s and charterer’s satisfaction, with professional contribution from all members, including Dammam Port team, and vessel sailed out on 28th April’17.

25

LAUNCH OF NEW LINER SHIPPING SYSTEM

RESCUE OPERATIONS

AT JEDDAH

ITQAN NEWS 2017 | GROUP NEWS 25

Built on world-class IT facilities and global agency systems, Kanoo Shipping has grown into one of the largest regional shipping agencies in theMiddleEast. Handing its firstvessel in 1911, it is now assisting over 17,000 ship calls a year through a professional network that covers all ports from the Suez Canal, to Sri Lanka and East/South Africa.

In line with YBA Kanoo’s Vision 2020 digitalisation strategy, Kanoo Shipping has recently reached a significantmilestone with the launch of its new state-of-the-art Liner Shipping System. The new system replaces YBA Kanoo’s legacy system which has served our Shipping operations for over 25 years. This will have a major impact on the productivityandefficiencyofourbusinessoperations.

On 9th May 2017, one of the Regent Seven Seas Cruises ships, Seven Seas Voyager was on scheduled route to Safaga -Egypt from Salalah-Oman when a passenger complained of grave medical problem. This led the ship divert to the nearest rendezvous point outside Jeddah waters in the Red Sea.

The features of this new system (name to be announced soon) include centralised state-of-the-art web-based and comprehensive sea import and export system with ease of access and high availability. The scalable system grows with any increase in its shipping business operations in the future. It is fully automated and integrated with external third party entities including principals, terminal contractors, port and customs authorities. The system is currently used in many regions where VAT is already applicable. Mobility is a key feature in this new system which supports multiple handheld smartphones and tablets. It works as a powerful Business Intelligence and has reporting capabilities.

The YBA Kanoo management is very pleased on this milestone and appreciates the fact that it would not have been achieved without the joint efforts of the project team comprising of Shipping Operations, Shipping Divisional Finance and IT.

The doctors onboard the vessel recognised that the passenger needed urgent professional medical care when Kanoo’s professional assistance was sought after for this critical mission through our USA representative. Our team in KSA was alerted and Mr. Abdullah Al Biladi (Regional Shipping Manager –WP, Kanoo Shipping - Saudi Arabia) took charge of this mission. His actions involved swift and efficientcoordinationamongstvariousparties, includingPort authorities and Rescue Coordination Center (RCC).

Uponfinalisingthecoordinatesforairliftingthepassengerand his wife, a helicopter was dispatched by RCC at 2119 hrs and by 2230 hrs, the evacuation operation was swiftly completed.

Parallel arrangements were being readied for land transport to hospital. Soon both the passenger and his wife landed at the base and they were heading to the International Medical Center (IMC) Hospital, Jeddah.

The passenger was provided with urgent medical attention andafteraboutthreedaysofcare,doctorsconfirmedhimwell and hearty. Mr. Biladi visited the hospital regularly to ensure everything remained in order for best possible treatment and utmost care of the patient.

Having recovered completely, on 12th May 2017, the passenger was discharged from IMC. The same day he andhiswifeboardedaflight toAmman,Jordan,wherethey joined their cruise again.

Rescue operation in progress

Rescue Operation in progress


YBA Kanoo W.L.L. Bahrain is pleased to announce the shiftingofitsShippingDivisionofficetoanewlocationat Seqayya from 25th May 2017. Getting a suitable officespaceinlinewiththehighYBAKanoostandards,as well as the growing customer’s requirements and convenience, was a big task. However, the Shipping team’seffortborefruitandwecouldfinaliseasuitableplace, not far from Shipping’s Ports of services. The YBA Kanoo’s IT, Real Estate, Communications, and Procurement departments extended their whole-hearted support to make the shifting as smooth as possible. The management is thankful for their assistance. The shifting has now been completed and the new officebecame fully operational on 28th May 2017.

KANOO SHIPPING BAHRAIN OFFICE SHIFTED TO NEW LOCATION

The new address:

YUSUF BIN AHMED KANOO W.L.L.SHIPPING AGENCIES DIVISION P.O.BOX 45, Offices no. (41 – 44)Building no. 225, Road no. 2805, Block no. 328, Manama / Seqayya,Kingdom of Bahrain

Mr Qurban settling in his new office


Readers of the newsletter may recall that an EPC agreement was signed between PIPCO -- the EPC arm of Yusuf bin Ahmed Kanoo Company Limited -- and MAN Diesel and Turbo SE, Germany (MDT) for a consortium led by MDT to extend the existing power plant at the Arabian Cement Company (ACC) in Rabigh, Kingdom of Saudi Arabia. The total requirement of the project is to install 6xMAN 18V48/60TS engine generating sets, each capable of producing 20 mW with a total plant capacity of 120 mW. The phase 1 of the project is limited to the installation and associated works for 2 x 20 mW engines of a total capacity of 40 mW.

ARABIAN CEMENT COMPANYPOWER PLANT EXTENSION-PROJECT UPDATE

Tank Farm Formwork for PW 02 Pipe Way Foundation

Rebar for Transformer Building near E-Annex

Pump House

Flange Installation for Turbocharger At Power House Area

The phase 1 of the project started in September 2016 and the PIPCO scope of work is expected to be completed by the 1st of September 2017.

PIPCO is responsible for all on-shore works and supplies including civil work and steel structure, electrical work, mechanical work as per the QA/QC and HSE procedure & standard set by MDT.

PIPCO has successfully carried out the following jobs:

• Civilfoundationexcavationatagreenfieldsite

• Fabrication and installation of 6 fuel tanks

• All piping work of the plant

• Fabrication of more than 500 tonnes of galvanized steel structure supplied by Kanoo Engineering, Dubai.

• Over 3400 cubic meter of concrete has been poured.

Around 150 direct site workers are working on the project managed by the PIPCO site team ably led by Azad Khan – Project Manager and the overall project inclusive of offsite staff is headed by S. Ellias Peeran- Engineering Manager, KSA.

PIPCO and MDT are jointly working on the technical and commercial proposal for the next phase (Phase 1 B) which is the supply and installation of the 3rd engine


EPOXY COATING AT BAFCO FARM

NEW OLYMPUS-AUTHORISEDREPAIR & CALIBRATION CENTRE

OIL & GAS SECURES PRESTIGIOUS ORDER FROMDUBAI MUNICIPALITY

Kanoo Oil & Gas Bahrain, successfully completed the supply and application of special quality Epoxy Coating for Bahrain Aviation Fuel Company (BAFCO) Fuel Storage Tank farm area in Bahrain. This is the first specialisedcivil coating job ever undertaken by Kanoo Oil & Gas for a value of BD 146,000. The team comprising of Sudesh Natekar & Ashraf Khan led by Vinod Naduvil Veetil, Manager, deserves credit for this unique order.

Kanoo Testing and Diagnostics Services started an Olympus-authorised Repair and Calibration Centre locally in Dammam in April 2013 with a conventional UT Machine and Advanced Phased Array with a TOFD machine. In the year 2016, Kanoo Diagnostics approached Olympus, sought and received authorisation to start repair and calibration of 3 more products: Pipewizard –Focus LT, Eddy Current and MS5800 - Tube Inspection System.

Muneer Radhi M.Alghasham, completed a training program at the Olympus facility in the UK in February this

Kanoo Oil & Gas, has secured a prestigious order from Dubai Municipality (DM) for the supply of 28 numbers of Boerger Rotary Lobe Pumps to be installed at the Jabel Ali Sewerage Treatment Plant- Phase 2 project.

Aneez Ahmed, Asst. Manager- Sales, Kanoo Oil & Gas, Abu Dhabi was instrumental in securing this order without whose persistence, this would not have been possible.

Kanoo Oil & Gas, Eastern Province received an order from M/s Nawaf Mattar Al- Adwani & Partner Trading Company for the design, engineering and supply of 3 Loading Arms, 1 No. Spent Caustic Stream, 1 no. Fuel Oil Stream and 1 No. for Pyrolysis Gas Stream along with a metering skid.

This order has been the result of the efforts of Roomi A. Qureshi, Asst Sales Manager - Kanoo O&G, Jubail.

BAFCO Farm

Mr Muneer Radhi Algasham

Mr Aneez Ahmed

year to work on the products mentioned above. His dedication came in for high praise during the training program.

On return, Muneer has successfully completed the repair and calibration of Pipewizard - Focus LT, Eddy Current and MS5800 resulting in a new area of service offering and specialisation for Kanoo Diagnostics and an additional source of revenue.

Aneez commenced on this project from September 2015 right from specifying the pumps with the consultant, getting our principal Boerger approved in DM and finally winning this order. This order is a great reference for Boerger pumps in the region with ample potential to supply more.

HUGE ORDER RECEIVED FROMNAWAF MATTAR AL- ADWANI & PARTNER

This order was received amidst stiff competition from companies like FMC, OPW and Cannon. Close follow up with the client and coordination with the principal Woodfield helpedKanoo O&G to secure the largest order for loading arms forKanoo/Woodfie ld .

Loading Arms


BANAGAS PROJECTKanoo Power & Industrial Projects (P&IP), Bahrain has successfully completed a “gas turbine control system retrofit project” at the Bahrain National Gas Company B.S.C (BANAGAS).

Theprojectissignificantasitwascompletedinarecordtime of 10 months, which were shortened from the original duration of 17 months as per the contract. The engineers from P&IP and sub-contractors worked in extended shifts of 12-14 hours daily to complete the project within the truncated schedule. Both the units where the project took place were handed over to the customer well within the schedule.

BANAGAS had problems with old and obsolete hardware, inconsistent speed control of the gas generator, conventionaltemperaturemonitoringmakingitdifficulttooperate the turbine in peak summer and frequent trips.

Solutionsofferedcanbebroadlyclassifiedasfollows:

a. CONTROL SYSTEM:

• State-of-the-art PLC based control system

• 76nosoldfieldinstrumentswerereplacedwithnewdigital transmitterbasedfield instruments.

b. FUEL GAS SYSTEM:

• New Fuel Gas Skid design with its components mounted in a single gas cabinet allows easy access during Installation, maintenance and monitoring.

c. ELECTRIC STARTER SYSTEM:

• Existing gas starter system was replaced with Electric Motor & VFD based starting system, along with new matching gear box which increased the stability & reliability of the speed

d. NEW CONTROL CABIN:

• A new air-conditioned, stainless steel control room for both units was supplied to keep harmful gas away and provide a safe and healthy environment.

e. ANTI-SURGE CONTROL SYSTEM:

• Old pneumatic compressor surge control was replaced with new Anti-Surge control system embedded within the turbine main controller.

f. IGV (Inlet Guide Vain) CONTROL UPGRADE:

• Old IGV air relay valve was replaced with a new customized solenoid-based pneumatic actuator, which controls the IGV open and close operation based on the feedback from P2 pressure transmitter.

g. VIBRATION MONITORING SYSTEM:

• A Bently Nevada 3500 series vibration monitoring system was installed in each control panel provides continuous, online monitoring suitable for turbine & compressor protection from unnecessary vibrations during start-up/operation.

Demister & Filter

Demister & Filter

JB & Cable Trays

Starter Motor & VFD

30 ITQAN NEWS 2017 |GROUP NEWS

ORDER RECEIVED FROM SHARQ - SABIC

Kanoo Oil & Gas, Eastern Province received an order from Sharq,anaffiliateofSABICforthedesign,engineeringand supply of 2 nos. of Vent Guard Recovery Filters. The manufacturer/principal is PECOFacet. Roomi Qureshi, Asst Manager, KOG, Jubail worked on this project right from its developmental stage and won the order despite stiff competition. It took some strategic selling on the part of Roomi where the overall cost of the project was reduced and the client decided in KOG favour.

PIPCO -- the EPC arm of Yusuf Bin Ahmed Kanoo Company Limited -- has successfully completed the supply and installation of 6000 cubic meters of a waste water treatment plant at Al Wataniya Poultry Al Qassim for Nijhuis Water Technology (NWT) –Netherlands. This project is significant as PIPCO, which has been wellknown as a power plant EPC, installed a water treatment plant in partnership with NWT.

The scope of the project included supply and installation of the Nijhuis Water Technology Waste Water Treatment System with a capacity of 6000 cubic meter per day. The installation of 3 DAF units included equipment, piping and cable installation work.

This was a turnkey project completed in 90 days. The PIPCO team was led by Azad Khan on site, and managed by Saleh Ahmed Salem- logistics, Mohammed Hassan Al Shehri- administration, Asif Syed- mechanical in charge andZulfiqarButt-electricalincharge.

Filter

PIPCO ADDS NEW SERVICETO ITS PORTFOLIO AS AN EPC COMPANY

Tank in Sand Filter Area

Piping


Industrial and Safety products, a unit of Kanoo P&IP, held a series of events in Riyadh and Jeddah to promote the range of Personal Protection Equipment (PPE) offered. The principal, UVEX (PPE) participated in the events.

UVEX Seminar for Saudi Electricity Company (SEC), 22nd of March 2017, Riyadh

A seminar was conducted exclusively for SEC at Holiday Inn, Riyadh. It was attended by 45 safety professionals representing different power plants and offices runby them. Ryall Jacobs, Sales Manager, UVEX made a technical presentation covering UVEX’s range of safety eye ware, safety gloves and respirators. The presentation was accompanied by a demonstration of the products.

P&IP SAFETY EVENTS

Safety Seminar in Riyadh

Saudi Arabian Airlines

Brett Horter, Area Manager Uvex conducting the safety awareness program at SEC RiyadhRyall Jacobs, Product Support Manager, UVEX explaining to SEC managers

Safety Seminar in Riyadh Safety Awareness Program, SEC Riyadh

PPE awareness program - SEC Riyadh, 28th March 2017

An exclusive PPE awareness program was conducted at theheadofficeofSECbyUVEXfacilitatedbyKanoo.BrettHorter, Sales and Marketing Manager, MENA Region for UVEX conducted the program. It was attended by safety professionals of SEC from different regions.

PPE seminar at Saudi Arabian Airlines, 25th April 2017

UVEX conducted a PPE workshop for the Safety & Total Quality Assurance team of Saudi Arabian Airlines. This team consists of all the safety personnel including safety audit and safety implementation. Brett Horter, Sales and Marketing Manager, MENA Region for UVEX conducted the workshop. The workshop educated the attendees about selection of various safety products and made an analysis of the different products available in the market.


MIS ARABIA ORDERS SCREENS

TCC RECEIVESSAFEST CONTRACTOR AWARD

NON-STOP PHILIPPINE AIRLINEFLIGHTS FROM JEDDAH

Kanoo Oil & Gas, Eastern Province has secured a significant order from MIS Arabia for the supply and installation of Johnson Screens internals. The total value of the order is Euros 275,000.

The credit for this achievement goes to Mohammed Sohaib, Sales Engineer, Dammam. The achievement

Technical Contracting Company (TCC) -- a subsidiary of Kanoo Oil & Gas -- has been declared Yanbu’s “Safest Contractor” for the year 2016 by Marafiq last month.

The team of TCC led by Abdul Hameed Janjua, Project Manager and Ernest Rodrigo, Safety Supervisor who deserves all the credit for this wonderful achievement where TCC was evaluated with many other contractors affiliated to Marafiq.

Philippine Airline (PAL) product presentation was well attended by representatives from PAL and Kanoo Travel in Jeddah on 4th May 2017 to launch non-stop carriers tri-weeklydirectflightsbetweenManilaandJeddah.

Mr Mohammed Sohaib

is significant as the order was secured in the face of stiff competition and lower prices from Korean companies and on the strength of the technical superiority of the product. Sohaib has put in consistent efforts for 6 month to secure this order.

TCC Team with Marafiq management receiving the award

PAL product presentation

HONOURED

The YBA Kanoo Management appreciated the great achievement of two of our Kanoo Travel division’s colleagues, Ms Sheena Santhosh and Mr Arun Manigandan, based in Dubai, who were commended

by one of our well-known clients, Ms Nadia Jameel of Narmo Capital for providing professional services. Ms Nadia stated in her email, “A very big thanks for an excellent & special service that was provided by Kanoo team, specially Ms. Sheena. I would also like to thank Arun. They both provided and helped me to sort out several problems. Such a commitment to great customer service is to be commended. We can be sure that we will continue to do business with Kanoo Travel for many years to come.


NEW BRANDS LAUNCHED BY KANOO LIWAOver the years, Kanoo Liwa Trading Company has developed a retail portfolio across the fashion, footwear and home accessories of internationally reputed retail brands. It boasts of operating 13 international brands with 16 stores in Kingdom of Bahrain.

The company continuous to grow through understanding consumer needs and driving a best in class retail experience.

At the beginning of 2017, Kanoo Liwa Trading company launchedfivenewbrands inSeefMall.Thefive fashionbrands are Lovisa, Chaps, The Essential One, Disney and Warner Brothers which offer unique purchases. Below is a brief description of the brands:

LOVISA

Lovisa epitomizes the key jewellry accessories to compliment any outfit for the trendsetterwhowant thelatest trends at a brilliant price. Lovisa is a brand that will not go unnoticed, with an ability to forecast trends and deliver new product lines in store every week.

Let Lovisa Inspire Your Style!

CHAPS

Chaps is iconic American style with a carefree, timeless spirit. Chaps offers a complete life style collection, from casual wear with a sense of ease and attention to detail, to signature pieces with polished tailoring and style.

THE ESSENTIAL ONE

The Essential One is a British brand. The essential story started with the idea of giving new mums & mums–to-be what they really needed, helping understand what those essentials items are for every occasion.

DISNEY FASHION & WARNER BROTHERS

These two brands cater for new born and children up to the age of 14 with product range that are bright and colorful based on quality design and the latest trends.

Lovisa

Disney

Warner Brothers

The Essential One

CHAPS


UNRAVELINGTHE OIL CONUNDRUM

In its recent edition of World Economic Outlook, the IMF sharply downgraded its 2017 growth estimates for most GCC countries. The fund cited the implementation of the OPEC supply cut deal aimed at propping up oil prices as the key rationale behind the revision. The IMF has pegged the GCC region’s economic growth in 2017 at 0.9% compared with its previous estimate of 3.0%. It slashed its GDP forecast for the UAE (1.5%), Saudi Arabia (0.4%), Kuwait (-0.2%) and Oman (1.0%) in view of the probable impact of the agreed supply cuts and volatility in oil prices. The fund’s previous estimates were: UAE (2.5%), Saudi Arabia (0.4%), Kuwait (2.6%) and Oman (2.6%). IMF also raised Bahrain’s growth forecast for 2017 to 2.3%, higher than previously estimated 1.8% growth.

In May KSA, adopted the text of the GCC UnifiedAgreement on value-added tax (VAT). In 2016, GCC leaders had approved a 5% VAT on goods and services, to diversify the region’s dependence on oil & gas for the bulk of government revenue, particularly in light of the structural slump in oil prices since mid-2014. Successful implementation of the VAT framework is expected to help GCC economies reduce their oil dependence for revenue and ease fiscal deficit concerns.

Also in May, OPEC and non-OPEC nations recommended extending the reduction in oil supply by nine months. Although speculation was for deeper production cuts, the cut remained at 1.8 million barrels per day (bpd) However, a slower-than expected drop in surplus inventory failed to stabilize oil prices at a sustainable level and any increase has resulted almost instantly in higher output by fracking producers in the US. Oil prices have declined by roughly 70 percent since peaking in the middle of 2014 and the US oil rig count--a common measure of drilling activity--peaked in late 2014 and has since declined by about 60 percent. Yet U.S. production of crude oil continued rising until the middle of 2015 and has since fallen by only 6 percent from its peak.

The US Federal Reserve analyzed this conundrum and states the main driver of this greater rig efficiency isthe adoption of ‘pad drilling’ technology whereby a rig can drill multiple wells from the same spot without the need for expensive and time-consuming disassembly, relocation, and reassembly. Additionally, each well has become much larger, as the average well length has doubled from roughly 1.5 km to 3 km.

Further driving this performance is cost of production. The first typeof cost, referred to as "cash costs", includes the costs of operating a lease (such as pumping, equipment rental, servicing, and materials) as well as administrative costs and per-barrel taxes. These can be thought of as the average per-barrel cost of ongoing production at existing wells. Data suggests this average is about $14 - $18 per barrel, representing both aggressive cost-reductioneffortsbyfirmsandthegeneralindustrycostequilibriums. With transportation costs ranging from $5 - $10 (depending on region and resources), the data suggestthatformanyfirmsthecostofoperatingexistingwells is still somewhat below the current oil spot price. Therefore, at the margin, production from an existing wellisprofitablesolongaspricescancovercashcostsand transportation expenses.

The second cost measure is the long-cycle breakeven, an estimate of the oil price that would make new drilling profitable.Thelong-cyclebreakevencanbethoughtofas the cost that is most relevant to long-term production growth. As with cash costs, average costs have fallen significantly since 2014. The previous breakeven costof $60 - $80perbarrel is nowsignificantly lower,withBloomberg Intelligence providing estimates for some regions that go as low as the mid-$20 range.

In summary, the lack of a large production response to falling prices is due primarily to both rapid productivity gains and steadily falling costs of drilling and production. Additionally, aggressive reallocation efforts by firmshave provided further boosts to aggregate productivity. While some of the factors boosting production--such as reallocation and labor hoarding--are likely to be temporary, other factors represent permanent improvements in exploration and drilling methods. These productivity improvements have led to considerable declines in cash costs for operating wells, and in breakeven thresholds for new wells. These costs may yet fall further.

An industry that for decades was dominated by a handful of multinational corporations and state-owned oil companies is increasingly being disrupted by thousands of smaller companies and investors. In effect, US and eventually global, fracking producers are now effectively swing producers that can be expected to leave oil prices in a range: unfortunately, this range is projected to be below GCC governments’ requirements and the negative effect will continue to flow through local economies, absent serious diversification and growth from non-oil sectors.

(Article by: Kanoo Capital team)

35

KSA

WILLIAM DENNISONCHIEF COMMERCIAL OFFICER

GROUP

NOORA MOHAMED EBRAHIMRECEPTIONIST

KANOO SERVICES

ANIL KUMAR SASI KUMARMASON

REAL ESTATE

MOIN UDDIN NOZIB ALIGARDENER

REAL ESTATE

SMITHA SOMANEXECUTIVE ASSISTANT

GROUP

PRINCY ASHAKRIN NAZARETHSECRETARY

INDUSTRIAL & ENERGY

JOHN ANTHONY SANDERSSR. FINANCE MGR - SYSTEM & TAX

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ASHOK THONOOR NAIRTECHNICAL ADVSR. TO

GROUP MNG. DIR.GROUP

VINU PUTHAN MALIKASERVICE SUPERVISORSHIPPING & LOGISTICS

DEEPAK VALSARAJDOCUMENTATION COORD

GROUP

HULEPPA BUKKA SANMUKAPPASALES MANAGER

INDUSTRIAL & ENERGY

CHRISTIAN POUL MOERCHSR. LEGAL ADVSR. - INVESTMENTS

GROUP

RANAPRATAP GANDLAJUNIOR SECURITY OFFICER

REAL ESTATE

JAMES DELAIR BURKEASSOC. INVESTMENT ANALYST

GROUP

MARSHALL DAVID PANDIARAJJUNIOR SECURITY OFFICER

REAL ESTATE

RAVINDER KOTHAPALLYSECURITY GUARD

REAL ESTATE

BAHRAIN

ALI ESSA HAKAMIBOARDING CLERK


SALEM ALI RASHID AL MARRICUSTOMER LIAISON REP.INDUSTRIAL & ENERGY

HISHAM ABDULLAH AL MARZOUQBOARDING CLERK


NAWAF NAIF SALEH SHALHOUBLEGAL ADVISOR

GROUP

WELCOMEON BOARDYBA Kanoo continues to hire talented people across the region who are passionate about the company’s mission & vision strategies. We are sure these new recruits will make a difference to our organisation.

Wishing you all the very best and a great future with YBA Kanoo!

YBA KANOO NEWS 2017 |NEW STAFF

Date post:	12-Sep-2019
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