The Oil Development Company (ODC) concluded on Tuesday 5th of February a memorandum of Agreement (MoA) with the Kuwait Environment Public Authority (KEPA) concerning the administrative measures and technical assistance required as part of the bids by the International Oil Companies (OIC's) involved in the development of the Northern Kuwaiti Oil Fields

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There is no doubt that abiding by a Code of Conduct helps greatly in achieving business success and progress. It furthermore leads to strengthening the bonds of love, harmony and cooperation among team members. Therefore, we appreciate this opportunity to continue to affirm ODC’s high standards of business conduct.

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On Wednesday, 29 March 2006, Oil Development Company (ODC) signed a 3 – year renewable cooperation protocol with Kuwait Oil Company (KOC).
The protocol aims at “enhancing cooperation between both companies through the support and provision of KOC's services to ODC”. As stated by Mr. Ali Al-Shammari, Deputy Managing Director for Administration and Financial Affairs of KOC. " The scope of the protocol covers office, engineering, financial and commercial services, as well as IT, HR services and all other services required by ODC.” He elaborated.

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Last month we announced the launch of this important project, which is designed to establish a common process to facilitate the transfer of best practices across our organization. The K-Companies participating in the project, working closely with the consultants, have made significant progress in the first month and are on-schedule to deliver plans a recommendations for broader program implementation by the end of December.

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