Kabir X-1 discovery in Gambat South

A monthly publication of Pakistan Petroleum Limited
Vol.LX No.1
August 2015
60th year of
publication
Kabir X-1 discovery
in Gambat South
Shaheed Benazirabad
akistan Petroleum Limited the operator of Gambat South Block with 65 percent
working interest (WI) along with its joint venture partners Government Holdings
Private Limited and Asia Resources Oil Limited with 25 percent and 10 percent
WI, respectively recently announced another gas and condensate discovery at its
exploration well Kabir X-1 located in District Sanghar, Sindh. Kabir X-1 was spud on April 24, 2015 and reached the final depth of 4,020 meters on
June 28, 2015. Based on wire line logs, potential hydrocarbon bearing zones were
identified in the Basal Sand of Lower Goru Formation.
During testing, the well flowed 1.94 MMscfd gas along with 253 bbl/d condensate at
16/64 inches choke size and has been completed as a gas and condensate producer. n
P
D and CEO Syed
Wamiq Bokhari visited
Adhi Field on August
29. On arrival at the field he was
received by MAF Tariq Hussain
along with his team and
representative of Pakistan
Petroleum Workers Union
(PPWU).
M
Gambat South Block
Kabir X-1
Sanghar
Matiari
Bokhari visits Adhi Field
MD and CEO meets staff at well Adhi 23
INSIDE
Bokhari, accompanied by GM
Projects Ghulam Farooq Maniar
and SM Projects Sagheer
Hussain from head office,
proceeded to well Adhi 23 to
review progress of drilling
activity and had discussion with
staff on various issues.
Later, he addressed a Town
Hall meeting arranged at the
Executive Mess and met with
representative of PPWU.
2
The bounty
beneath
(left to right) CE (Maintenance) Muhammad Shafqat, MD and CEO Syed Wamiq Bokhari, GM Projects Ghulam Farooq Maniar, SM
Projects Sagheer Hussain and MAF Tariq Hussain at Adhi Field
As a part of Management
Audit Programme, MHSE
Masood Sarwar conducted the
Safety Observation and
Feedback Tour with MD as an
4
High
performance
5
Independence
Day observed
expert observer. During the
audit, feedback was solicited
from operational staff at the
plant with regard to Health,
Safety and Environment
6
Hands-on
Experience
compliance and areas of
opportunities and improvement.
MD along with Adhi Plant and
Projects team also visited PlantI, II and III. n
11
A new look, a
renewed vision
12
Target Risk
The bounty beneath
n order to enhance
understanding of the process
of reserves and resources
evaluation and
booking procedures as per the
latest guidelines of Society of
Petroleum Engineers (SPE) for
Petroleum Resource
Management System (PRSM),
I
The new guidelines for
application of PRSM set by SPE
and the World Petroleum
Council (WPC) defines proved
reserves as “those quantities of
petroleum which, by analysis of
geological and engineering
data, can be estimated with
reasonable certainty to be
discussion on SPE, WPC,
American Association for
Petroleum Geologists and
Securities and Exchange
Commission’s regulatory
guidelines.
In line with the guidelines and
the existing fact that exploration
and production involves high-
differentiating between resource
and reserve, explained that
reserves are typically more
sharply defined than resources
because of their more advanced
position in the development life
cycle and the greater amount of
technical data that tends to be
available to describe them. Even
Dr. Birol M.R. Demiral from Schlumberger (sitting fifth from left) along with members of senior management and staff at the orientation session
Training and Development in
collaboration with Reservoir
Engineering organized a fiveday workshop on ‘Resource and
Reserve Evaluation’ between
August 4 and 8 at the Pakistan
Society for Training and
Development, Karachi.
Earlier on August 3, an
overview of the training was
provided to senior management,
including COO and DMD
(E&BD) Moin Raza Khan, Acting
DMD (TS) Fareed Iqbal
Siddiqui, CFO (F&P) Kamran
Wahab Khan and 15 other team
members at the head office with
the objective of developing a
basic understanding of SPE/
PRMS reserves and resources
classification, its modules and
objectives, to be subsequently
shared with 21 geoscientists of
the company.
Both the overview and
workshop were facilitated by Dr.
Birol M.R. Demiral, who is the
director of curriculum, reservoir
engineering, for NExT Oil and
Gas Training and Development,
Schlumberger.
2
SE (Res) Kamran Imam (left) receives a certificate from facilitator Dr. Birol M.R. Demiral
commercially recoverable, from
a given date forward, from
known reservoirs and under
current economic conditions,
operating methods and
government regulations.”
The course not only covered
reserves estimating
methodologies, including
difference between resources
and reserves, but also their
classifications and definitions
along with a guideline for
application as well as
risk and investment, the
company’s geoscientists and
engineers were provided the
basic principles of resource and
reserves evaluation to classify
contingent and undiscovered
resources, all having value,
directly for current producing
assets or future development
opportunities. In either case,
they have to be measured and
managed in order to take fruitful
decisions.
Dr. Demiral, while
so, he shared that reserve
numbers are generally defined
within a range, not as one fixed
quantity. The range may be
described qualitatively by
deterministic methods or
quantitatively by probabilistic
methods. Probabilistic methods
help ensure that quoted
quantities are appropriate
relative to the requirements of
certainty.
He also shed light on how to
assist those responsible for
estimating reserves or auditing
those estimates for which a
standard approach has been
outlined, along with minimum
qualifications requirement.
The course exposed
geoscientists and reservoir
engineers to the latest and
most accurate methods for
obtaining the value of reserves
and resources along with the
management of deterministic
and probabilistic methods for
gaining an understanding of
various reserves levels and
their equivalence in both
systems. n
August 2015
crisis, being an event or a
situation, can significantly
affect business
operations and services, which
needs urgent and coordinated
action to address the disruption
and requires the activation of a
Crisis/ Emergency Management
System through a dedicated
team.
Crisis/ Emergency
Management is a key
management responsibility as
the company is committed to
safeguard people, property and
interests of all its stakeholders
by maintaining a strategy to
assist the organization deal with
any significant incident. In this vein, an Emergency
Management System has been
A
Red lert
a
implemented at Pakistan
Petroleum Limited (PPL) to
respond to an operational
disruption that affects business
functions. A high level Incident/
Emergency Management Team
has been formed to deal with
any crisis, headed by DMD (AO)
Syed Kaleem Akhtar as
Chairman and includes other
members of senior
management and relevant staff.
Departmental Managers are
responsible to ensure that
employees are aware of their
role and act accordingly in case
of an incident requiring
response to any emergency
situation.
The head office level
Crisis Management
document has also been
consolidated, to be
referred and followed in
case of an incident
necessitating the
declaration of emergency
whereby the incident
management team shall
become active till the
situation is normalized or the
emergency situation is brought
under control.
It is envisioned that with strict
compliance with the plan,
incidents can be dealt with in a
timely and coordinated manner
with this high level team. n
From the Editorial Desk
B
Factoring Risk
usinesses today face a volatile and increasingly
complex operating environment. The pace and impact
of globalization, new competitive threats, oil price
decline, recessionary pressures and toughening regulatory
demands are unprecedented and are making the
simultaneous execution and management of risks extremely
challenging.
Over the years, it has been observed that in those
organizations where strategic and risk management activities
are conducted in isolation and risk is a mere afterthought to
strategy-setting, the consequences can be disastrous.
The international financial crisis of 2009 is a prime example
of what can happen when inherent risks associated with
aggressive, growth-oriented market strategies are
discounted, ignored or possibly never even considered.
Industry experts believe that there are four broad
categories of risk that can affect a company: hazard,
financial, operational and strategic. Hazard risks involve
destructive acts of nature or human, such as fire or theft.
Although large companies are rarely driven out of business
by hazard risk, this is not the case with smaller firms. Next is
financial risk which pertains to market conditions such as
commodity prices or loan defaults. Operational risks involve
day-to-day business activities such as support functions,
process structures, IT reliability and daily operations. Fourth
and the last are strategic risks which relate to the
fundamental value chain of the business such as product
cycle and type, geo-political factors, core technology and
corporate strategy.
Looking at some of the key risk types through examples, a
few observers consider the British Petroleum (BP) oil spill as
a case of operational risk gone bad, which is not really
accurate. Although the spill involved BP’s core operations, it
was largely the result of the company’s strategic decisions
which may not have taken into account the possibility of a
spill and hence a gap remained in the processes including
safety, to avert such a risk.
So, was the BP oil spill an unfortunate outlier or an
avoidable tragedy? Analysts consider it as the latter. The oil
spill and other corporate failures are attributed in large part to
August 2015
the shortcomings with respect to strategic risk. This risk if not
assessed rigorously, preparations and responses if treated
crudely will result in a hazy focus on active learning and
corrective actions, which in turn creates a weak risk culture
and strategic adverse impact.
A common misconception about risk management is that it
is only about protection against potential threats. In reality,
effective risk management should encompass both ‘threats’
and ‘opportunities’ as seen in the case of Schlumberger
Limited’s recent acquisition bid for Cameron International
Corporation, which opened up an ‘opportunity’ in the
backdrop of declining oil prices and ensuing drop in
exploration and production (E&P) services demand.
So what can organizations do? As a solution to addressing
risk, Enterprise Risk Management (ERM) focuses on the
management of strategic-level risks, both threats and
opportunities, and has a strong link with a proactive risk
assessment, defined risk ownership, response measures and
robust performance management system.
Risk management in Pakistan though quite advanced in the
financial sector organizations is catching on in non-financial
companies as more and more of them are realizing its
importance, but it is still early days.
The question for any company, particularly in the E&P
sector, is not whether to take risks or not, but how to best
manage the inherent technical risks through informed
decision-making, robust controls, value creation, safetybased measures and defined capital allocation process. n
For Correspondence:
Editor, Progress
Pakistan Petroleum Limited,
4th Floor, PIDC House, Dr. Ziauddin Ahmed Road,
P.O. Box 3942,
Karachi 75530, Pakistan
Email: [email protected]
Website: www.ppl.com.pk
UAN: 111-568-568
Fax: 92-21-3568-0005 & 3568-2125
Design and Production:
Corporate Communications Department
Photography: Abdul Hannan
3
High
Board of Directors
performance
B
olan Mining
Enterprises (BME)
achieved high sales
of around 136,000 tonnes
(t) of lump and fine baryte
against budgeted 130,000 t
during the year 2014-15
maintaining last year’s
figures.
Attempting to achieve
excellence, during the last
three years, BME has
achieved new heights of
business distinction
BME has
expanded its
business during
the last three
years by
exporting baryte
ore and powder to
Middle East, USA,
Europe and
Indonesia
clearly indicative by the
quantity of baryte ore and
powder sold in the
domestic and export
market globally.
Formed in 1974, BME is a
50:50 joint venture
between Government of
Balochistan and Pakistan
Petroleum Limited.
Over the years, BME has
met 90 percent of the total
barytes requirement of the
oil and gas exploration
companies operating in
Pakistan and enhanced its
production capacity from
50,000 to 150,000 t per
annum to efficiently meet
the increased demand of
baryte to local as well as
international market.
BME has expanded its
business during the last
three years by exporting
baryte ore and powder to
Middle East, USA, Europe
and Indonesia. n
4
The Board of Directors met at the head office in Karachi on August 24. (clockwise) CFO (F&P) Kamran Wahab Khan,
Imtiaz Hussain Zaidi, Nadeem Mumtaz Qureshi, MD and CEO Syed Wamiq Bokhari, Chairman Waqar A. Malik,
Muhammad Ashraf Iqbal Baluch, Aftab Nabi, Asif Baigmohamed, Shahbaz Yasin Malik and Company Secretary
Danish Zuberi attended the meeting. Arshad Mirza and Saeedullah Shah participated from Islamabad through
video conferencing
Board Audit Committee
The Board Audit Committee met at the head office in Karachi on August 18. (clockwise) MIA Fazal Hussain Gaffoor, CFO
(F&P) Kamran Wahab Khan, HIA M. Arshad Siddiqui, Nadeem Mumtaz Qureshi, Muhammad Ashraf Iqbal Baluch and
Aftab Nabi were present on the occasion. Saeedullah Shah participated from Islamabad through video conferencing
BME Management Committee
The 40th Regular Annual meeting of Bolan Mining Enterprises’ (BME) Management Committee was held at PPL’s head
office on August 20. (clockwise) Secretary Mines and Minerals, Dr. Saeed Jamali, Additional Secretary Finance, Dr.
Pervaiz Ahmed Nausherwani from Government of Balochistan, incoming RM-BME Dr. Muhammad Iqbal, outgoing RMBME Shams-ur-Rahman, Consultant Geologist BME Naseem Ahmed, DMF-BME Sadiq Buzdar, DCE (EE) Salman Murad,
SMCP Nauman H. Tirmizi, COO and DMD Moin Raza Khan, CFO (F&P) Kamran Wahab Khan and MD and CEO Syed
Wamiq Bokhari attended the meeting
August 2015
On the
pulse
he 69th Independence Day
was marked with national
reverence at Pakistan
Petroleum Limited’s fields on
August 14, with hoisting of the
national flag amid the chorus of
T
PEIC Mazarani Farooq Mohammad (fourth left)
along with staff at Mazarani Gas Field
Independence
Day observed
SM Kandhkot Mahboob Ali Khan (first right)
leads the event at Kandhkot Gas Field
the nation anthem and topical
activities attended by the
company’s field staff, local
community members and area
notables.
The field premises were
decorated with national flags
and staff offered prayers for
peace and prosperity of the
company and the country.
At Sui Gas Field (SGF) MSui
Acting PEIC Mahmood Shah Muhammad (fourth left) with staff at Gambat South
SMSui Ahmad Farooq Mahmood, MSui Qaiser Ali,
Deputy Commissioner Dera Bugti Asadullah
Kakar, local Chieftain Mir Ghulam Qadir, members
of law enforcement agencies, notables of local
community and Sui field staff were in attendance.
Community members appreciated the
efforts of both PPL and the local
akistan Petroleum Limited (PPL) in
collaboration with the District Government,
Dera Bugti organized a cycling event ‘Tour de Dera
Bugti’ on August 14 to commemorate the
Independence Day.
The competition
among 25 cyclists
from Balochistan
commenced from
the house of
Deputy
Commissioner
(DC), Dera Bugti
Asadullah Kakar
and culminated at
(left to right- front row) MSFGCS Fouad Asghar, CO to DSG Lt Col
M. Ayaz, Commandant Sui Rifles Col Rao Imran, Chieftain Mir Ghulam
Muhammad Colony, Qadir,
Deputy Commissioner, Dera Bugti Asadullah Kakar, District &
Sui where a large
Session Judge Abdul Wahab Kakar, SM Sui Farooq Ahmed Mahmood
and SAO Kamran Sher
gathering of local
government for
community was present.
organizing the healthy
Later, a prize distribution ceremony took place at
Officers Club, Sui Gas Field arranged by PPL.
activity. n
Qaiser Ali hoisted the national
flag and later as chief guest
attended an event at Sui Model
School and Girls College
(SMSGC). A speech contest,
skits, national songs and
August 2015
S
SMO Dr. Umar Muhammad Farooq checks
the blood pressure of MSui Qaisar Ali
Tour de Dera Bugti
P
ui Field Hospital (SFH)
observed the ‘World
Hypertension Day’ on
August 30 with topical activities
arranged at the Officers Club, Sui
Gas Field and Sui Model School
and Girls College.
‘Know Your Blood Pressure’ was
the theme for 2015 with the
message of controlling blood
pressure, before it controls
you. Slogans and banners were
placed at prominent locations
along with a medical camp to
monitor blood pressure. Acting MMS-Sui Dr. Ashfaque. A.
Nadeem informed staff during his
address that globally hypertension
is the third leading cause of death
tableaus were presented at
SMSGC which were
appreciated by the audience
comprising SGF heads of
departments, officers, faculty
members and students. Ali also
distributed prizes among
position holders of Secondary
School Certificate Part-II
examination 2015 held under
the supervision of Balochistan
Board, Quetta. n
and one out of eight deaths occurs
due to uncontrolled blood pressure
amounting to 1.7 million deaths
annually. Worldwide 1.2 million
people have hypertension with 50
percent of the population above 50
years being hypertensive.
Further, quoting data from the
Pakistan Medical Association, he
shared that in Pakistan
hypertension is the main cause of
heart diseases and only 3 percent
of all hypertensive population
have their blood pressure
adequately controlled. Also, one in
three people above the age of 50
years is hypertensive, which
reflects the importance of
monitoring blood pressure.
SMO Dr. Allah Bakhsh
presented on ‘Hypertension – a
Silent Killer’ detailing the
prevalence, symptoms,
complications as well as
prevention.
A question and answer session
was facilitated by SMO Dr. Umar
Muhammad Farooq and Dr.
Bakhsh. M-SFGCS Muhammad
Fouad Asghar concluded
proceedings appreciating SFH
efforts. MSui Qaisar Ali was chief
guest on the occasion with
departmental heads also
present. n
5
Hands-on
Experience
fter culmination of the
eight week-sessions on
English Language and
Communication Skills and
technical domains, 19 Iraqi
A
delegates will gain exposure at
the company’s Adhi Field (AF)
for hands-on experience at
operational plants and well
sites.
Civil Engineer at MdOC, Hiba Shihab Ahmed (left) with E (Civil) Ameer-un-Nisa at the
Design & Construction Department
MdOC’s Assistant Accountant Mustafa
Abbas Khadim during on-job
training in Finance
delegates of Midland Oil
Company (MdOC) moved on to
the on-job training phase at
various departments and field
location at Pakistan Petroleum
Limited (PPL) commencing
August 17 till mid-October.
Among the 19, 14 delegates
have been posted to assorted
head office departments,
including Exploration,
Production Technology, Design
and Construction, Projects,
Information Technology, Internal
Audit, Procurement and
Finance. The remaining five
6
(left to right) MdOC’s Engineer Layth Ahmed Hussein and Senior Engineer Obaid Jadaan Fuhaid with Trainee Engineer (Prod)
Ahsan Mir and EIP Halar Tariq at Adhi Field
According to MdOC, PPL is
the pioneer and the only foreign
company to undertake this
capacity building initiative for
Iraqi delegates on behalf of its
wholly owned subsidiary PPLAsia E&P B.V. (PPL-Asia). The
training is in compliance with
the Exploration, Development
and Production Service
Contract signed between PPLAsia and MdOC in November,
2012 for Block-8, Iraq.
The programme is part of the
Training, Technology and
Scholarship Fund established
by PPL-Asia under the
agreement for enhancing
technical and support skills,
enable research and
development besides technical
and academic development in
relevant areas.
The participants at both head
August 2015
Theoretical round
he earlier round focusing on technical and support
disciplines for the 20 Iraqi delegates was organized between
June 22 and July 16.
The English Language and Communication Skills session was
held at the Institute of Business Administration (IBA) and
facilitated by experienced trainers Syeda Faiza Hassan and
Farhanuddin Raja from the institute’s Skill Development
Programme. Hassan focused on reading and listening skills while
Raja aimed at improvement in writing and speaking. Weekly
quizzes and assignments were part of the learning.
Two Arabic interpreters from the Arabic Society, Fahad Ghazi
and Azra Khoso were engaged for the course, but as it
progressed the participants were encouraged to only speak in
English.
Subsequent to the soft skills workshops, delegates were
divided into two groups for professional and technical skills
training at Pakistan Society for Training and Development
(PSTD) and NED University of Engineering and Technology
(NED), respectively between July 17 and August 1. PSTD
arranged the professional skills development workshops on
Human Resource Management, Finance for Non-Finance
Managers, Internal Audit and Materials Management.
On the other hand, technical session at NED spread over two
weeks strengthened theoretical concepts and laboratory skills in
the areas of Drilling, Production and Reservoir Engineering,
Project Planning and Design and Construction Management,
Geology and Geophysics and Information Technology. n
T
GME-F Hayat Ahmed (first right) gives an orientation to the Iraqi delegates at the head office
working in MdOC’s Projects
Department. Similar views were
also shared by MdOC’s
Computer Engineer, Ahmed
Hussein Oleiwi, who is receiving
training in his area of expertise.
Ahmed and Oleiwi have been
assigned to Design and
Construction and Information
Technology, respectively.
Ahsan Mohammed Saeed, a
Worksite Geologist at MdOC
was pleased with his
Iraqi delegates being briefed by the Human Resources staff. (clockwise) Mohammed
Mustafa Hammood, Ali Abdulazeez Hussein, SHRO Amir Kazmi, HRO
Fawad Muhammad Iqbal, Aqeel Taher Fahad and Mohanad Ahmed Jabbar
office and field were
provided an overview and
tour along with sharing of
tasks and objectives. Each
delegate has been tasked
with a specific assignment
under a supervisor.
“We have been
thoroughly briefed on
Google Art, Autocad and
MS Projects, which is very
useful,” stated Hiba Shihab
Ahmed, a Civil Engineer
August 2015
MdOC’s Engineer Sabreen Ali Hayder at the
Internal Audit
Engineer Drilling, Badeea Abdulsattar
Mohammed of MdOC at well Adhi 23
experience at Exploration.
“There is a lot of activity here
and I have been given data of
Kandhkot Gas Field, which I am
processing through advanced
software, not available back
home”, he shared.
At AF, staff explained details
of the plant to the delegates
from wells feed to the final
product rundown and storage.
Information on wells and their
operation along with function of
SCADA system, which is used
to shut down wells from a
remote location was also
provided.
The participants were also
taken to well sites, where
Quality, Health, Safety and
Environment procedures,
specifically ‘Permit To Work’ for
safe execution of maintenance
jobs on running plants was
explained.
The programme is geared
towards upgrading and
enhancing relevant skills, aiding
the visitors towards higher
productivity and employability.
As part of traditional and
cultural hospitality, the
participants were provided
recreational tours along with
visits to historical sites in
Islamabad, Lahore and Karachi
besides the hill-station in
Bhurban. n
7
Federal
Minister visits
head office
ederal Minister for States
and Frontier Regions, Abdul
Qadir Baloch visited
Pakistan Petroleum Limited’s head
office on August 31.
Baloch was greeted by MD and
CEO Syed Wamiq Bokhari and
GMCS Sultan Maqsood and held
discussions with them on matters
of mutual interest. The minister
was also briefed on the company’s
activities and Corporate Social
Responsibility projects.
Bokhari thanked the minister for
his visit. n
F
MD and CEO Syed Wamiq Bokhari (right) presents a souvenir to Federal Minister for States and Frontier Regions, Abdul
Qadir Baloch. GMCS Sultan Maqsood is seen in the centre
Commissioner Kalat Dr. Mohammad Akbar Herifal visited the head office of Pakistan Petroleum Limited on August 19 along with other local government officials. Matters
pertaining to security, hiring of locals, lands acquisition and social welfare were discussed at the meeting. (clockwise) SMGeoS Anwar Farid, Deputy Commissioner (DC) District
Lasbela Fawad Ghaffar Soomro, DC Washuk Khan Muhammad Bangulzai, Herifal, DMD and COO Moin Raza Khan, GME-F Hayat Ahmad, SMSA&L Furqanuddin Sheikh, MCD
Muneer Kamal Jadun, CL&LO Zubair Ashraf and RM-BME Muhammad Iqbal
raining and Development organized
a workshop on ‘Improving Personal
Effectiveness’ between August 27
and 28 at the Royal Rodale Club, Karachi.
The session, attended by 14 staffers,
was facilitated by freelance trainer Faizan
Ahmad, who attempted to inspire, energize
and empower participants to enable higher
productivity in the workplace.
T
Enhancing productivity
The workshop was geared to assist
employees identify their self-strengths and
weaknesses and learn the usage of
different tools for enhanced personal
effectiveness. Areas of self-motivation,
one’s capabilities and limitations, effective
communication and listening skills and
management of tasks were also covered.
Through interactive sessions and
8
exercises, the session was designed to aid
participants in building self-confidence,
improving self-image, alter limiting beliefs
about oneself, knowing own strengths,
being assertive and managing time. Also
becoming an effective team player, solving
problems, making decisions and
competencies required for success in
personal and professional lives were
shared. n
August 2015
Skill-up
n continuation of the soft skills training sessions held in June
for participants of the Extended Internship Programme (EIP),
Training and Development organized two further sessions on
Communication and Interpersonal Skills (C&IS) and Managing
Personal Growth and Career (MPG&C) on August 3 and August
12 respectively.
The session on MPG&C was held at the Norwegian Center of
Excellence in Petroleum
Studies, NED University of
Engineering and Technology
(NED), Karachi. The one-day
course attended by 19 internees
was facilitated by management
consultant, Shamim Zafar.
Enhancing performance,
adapting to the changing
demands of the job, exploring
opportunities for new
directions within the company
along with applying skills
across the full spectrum of the
business were covered during An EIP intern receives a certificate from
Chairman Petroleum Engineering
the workshop.
Department, NED Dr. Abid Murtaza Khan.
(left to right) EIP intern, STro Mushtaq
The C&IS session, held at
Muhammad Patni, Trainer Shamim Zafar,
the Pakistan Society for
MT Abdul Bari Nizamani and Khan
Training and Development and
attended by 65 internees, was facilitated by founder and lead
trainer of the Institute of Training and Consultancy, Arshi Ahmad
Aziz. The workshop focused on individual creativity, boosting
credibility and improving communication skills.
The interactive sessions and exercises explained to participants
how to develop a systematic approach to communication, give
and receive messages, understand the importance of listening
and exploring and maximizing the potential and significance of
non-verbal communication.
Pakistan Petroleum Limited (PPL) and NED earlier signed a
Memorandum of Understanding in August 2014 launching EIP for
capacity building of young Pakistani professionals from a cross
section of society under PPL’s Corporate Social Responsibility
programme. The workshops are part of the 12-month EIP. n
I
Procurement
matters
raining and Development
and Material and
Contracts (M&C)
departments organized a oneday session on the key strategic
considerations for the
application and implementation
of integrated procurement
management practices and
Public Procurement Regulatory
Authority rules on August 19 at
the head office.
SPOs Ali Ahmed Khawaja,
Saad Riaz Khamisani and
Mahfooz Alam from M&C
facilitated the session which
was attended by more than 10
employees from various
departments.
The workshop was designed
to offer practical development
and implementation approach
T
PPL People
for a procurement strategy,
which ultimately affects the
overall direction of the
organization.
The session incorporated the
use of latest business process
models and their relationship
with segmentation and demand
planning. The integrated
relationship across functions
was also considered with regard
to the impact of sourcing
decisions, supplier selection,
delivery decisions, risk,
performance measurement and
profitability.
The facilitators responded to
queries and provided hands-on
solutions to issues related to
service and purchase
requisitions, technical evaluation
and releasing strategies. n
Achievements
n
n
Imran Shaikh, Senior Assistant, Legal, completed his Masters in
Business Administration from Federal Urdu University of Arts,
Sciences & Technology, Karachi
Irfan Asghar Bandesha, Senior Technician (Boiler), Purification
Plant, Sui Gas Field, completed his Masters in Business
Administration from Virtual University of Pakistan
Retirements
n
n
n
Umar Baksh Bugti, Driver, Sui Field Gas Compressor Station,
retired with effect from August 24, after 30 years of service
Muhammad Bux, Sweeper, Sui Gas Field, retired with effect
from August 16, after 26 years of service
Haji A. Karim Bugti, Senior Assistant, Sui Field Gas
Compressor Station, retired with effect from August 14, after 30
years of service
Birth
n
A girl, Fatima Arif, was born to Muhammad Arif, Procurement
Officer, Sui Field Gas Compressor Station on July 6
August 2015
Outgoing RM Bolan Mining Enterprises (BME) Shams-ur-Rahman receives a memento from
incoming RM BME Dr. Muhammad Iqbal (left) at Rahman’s farewell reception held on August 25 at
the Quetta Club. Rahman retired on July 19 after more than 31 years of service with the company
9
Gives more vim
and vigor
workout is like nature’s
energy drink, firing up your
brain and body so you feel more
alert and alive. “Exercise puts
your body in a state of arousal,
which translates into more
vitality and a greater
A
12 ways exercise
k
o
lo
u
o
y
s
e
k
a
m
and feel younger
sense of well-being,” says
Director of Kinesiology at
Chapman University in Orange,
California, USA Frank Frisch. It
is the kind of pep in your step
that makes you feel like you
have peeled off a decade or two.
Keeps skin soft
and glowing
dewy sheen on your cheeks
thanks to all the sweat
dripping off your forehead may
not be the only way fitness
keeps your skin young.
Researchers at McMaster
University in Ontario reveals
after a study that exercise
creates body substances that
help slow aging in skin, though
they say more research is
needed to learn how exercise
changes skin composition.
A
Improves posture
hanks to muscle loss and
bone density changes, your
posture takes a hit as you age.
Counteract this with strength
training, which builds muscle
and bone health, especially in
your core and along your spine,
so you naturally stand taller and
shave years off your
appearance.
T
Improves
flexibility
ging doesn’t just make your
opinions more inflexible - it
makes your muscles and joints
more fixed in place as well,
leaving you feeling stiff and
rickety. Regular workouts,
A
10
especially stretching-oriented
routines such as yoga and
Pilates, keep you loose and
bendy.
Boosts mood
ou’ve heard of runner’s
high, and that blissful mood
boost can happen during any
sweat-inducing cardio workout.
It seems to come down to
endorphins: the body chemicals
your system cranks out when
you are active. And the
confidence kick you get helps
you feel happier too.
Y
Helps you sleep
soundly
estful sleep is like a
fountain of youth, and
exercise helps you achieve it.
“Research shows that regular
exercisers fall asleep more
easily and are more likely to
experience deep REM sleep,”
says Frisch. Sleeping well helps
all the systems in your body
function optimally, so you are
less likely to feel stressed and
then toss and turn all night.
R
Keeps
metabolism high
etabolism naturally slows as
you age, so it is harder to
avoid pound creepage as the
years pass. Luckily scheduling
regular workout sessions helps
you increase the total number of
calories you burn, helping you
M
The powers of a steady fitness
routine are impressive: regular
exercise can help you build
stronger muscles, stave off
chronic illnesses, and
make your clothes fit a
whole lot better. But there is
another benefit of physical
activity that deserves to be
highlighted: the way even
moderate amounts seem to
shave years off your age to the
point where you look and
feel younger than you are.
Just reading this list will
motivate you to never
skip a gym
session again
maintain a steady, healthy
weight. Research says that more
muscle you have, the higher your
calorie burn is.
Slows cell aging
xercise doesn’t just make
you feel younger - it may
actually turn off the aging
process in your chromosomes.
It has to do with telomeres, the
caps at the end of
chromosomes that control
aging. Recent studies have
found a link between regular
exercise and the lengthening of
the telomeres, suggesting that
exercise can slow the clock so
you live longer.
E
Reduces belly fat
s you creep into middle age,
fat that used to primarily
land on your hips and thighs
starts to increasingly show up
along your belly; this is
especially true after menopause.
This visceral fat creates
conditions such as diabetes and
heart disease. A 2011 Duke
University study found that
cardio workouts can lead to
more belly fat loss than strength
training workouts or a
combination of strength training
and cardio.
A
Relieves stress
long outdoor run or scenic
hike can distract you from
anxiety and worries. But there
may be a physiological reason
A
exercise lowers stress levels.
Also, more meditative forms of
exercise, such as yoga or Tai
Chi, encourage mindfulness
along with moving your body.
Enhances
memory
s years pass, it is normal to
become forgetful. But
research suggests that you can
fight brain fog with fitness.
Researchers writing in the British
Journal of Sports Medicine in
2014 found that regular aerobic
exercise seems to increase the
size of the hippocampus, a part
of the brain associated with
memory.
A
Protects the heart
and makes it
efficient
ike all muscles, your heart
gets weak and flabby with
inactivity. As a result, it has to
work harder to pump blood
throughout your body, racking
up more stress and leaving you
feeling easily fatigued and
winded. Good thing even
moderately intense exercise
(like a brisk 30-minute walk) can
make your heart stronger, so it
pumps oxygen-rich blood more
efficiently through your system,
resulting in less strain. Exercise
also improves levels of HDL, or
good cholesterol, the kind that
protects your heart from
cardiovascular disease.
L
— Esther Crain/ www.health.com
August 2015
ENERGY BRIEFS
US crude oil hits six
and a half year low
S crude oil fell to its lowest in almost six-anda-half years on August 14 as huge stockpiles
and refinery shutdowns added to concerns about
global oversupply and slowing economies in Asia.
Oil had already tumbled more than 3 percent on
August 13, driven by a report that stocks at
Cushing, Oklahoma, the delivery point for US
crude futures, rose more than 1.3 million barrels in
the week to August 11.
US crude was down 30 cents at USD 41.93 a
barrel. The contract earlier hit an intraday low of USD
41.35, its lowest since March 4, 2009. Brent crude
traded at USD 49.00, down 22 cents and some way
off its 2015-low of USD 45.19 reached in January.
US crude is much weaker than the North Sea
benchmark, partly due to a spate of refinery
outages that has sapped US demand.
Goldman Sachs said that a weaker Chinese
yuan was putting downward pressure on all
commodity markets. “The (yuan) devaluation has
been important for commodity markets and we
believe it signals that global macro conditions have
changed,” Goldman Sachs said in a note to clients.
Analysts said that prices could fall further. “The
lowest crude prices in six years might not be
enough to put the brakes on the US supply growth.
US shale players are actively cutting cost and
some players are profitable at less than USD 30
per barrel,” ANZ Bank said.
On the demand side, China´s crude oil imports
have so far remained strong as authorities take
advantage of low prices to build up strategic
reserves and consumers kept spending despite the
— Reuters
slowing economy.
U
Iran oil output could
jump sharply postsanctions
ran could raise its oil output by as much as 730,000
barrels per day (bpd) from current levels fairly
quickly after sanctions are removed, the International
Energy Agency (IEA) said on August 12.
The West´s energy watchdog estimated that
Iranian oilfields, which pumped around 2.87 million
bpd in July, could increase production to between
3.4 million and 3.6 million bpd within months of
sanctions being lifted.
“While significantly higher production is unlikely
before next year, oil held in floating storage - at the
highest level since sanctions were tightened in mid2012 - could start to reach international markets
before then,” the IEA said in a monthly report.
Iranian Oil Minister Bijan Zanganeh has said
Iran expects to raise oil output by 500,000 bpd as
soon as sanctions are lifted and by a million bpd
within months.
Iran´s July production figures were 50,000 bpd
higher than in June, the IEA said.
The report by the Paris-based IEA suggested
any increase in output would probably be more
modest than Iranian estimates, and said the
Islamic Republic would require massive investment
to raise output capacity.
Iran has said it hopes to secure nearly USD 200
billion worth of oil and gas projects with foreign
partners by 2020.
Iran and six world powers agreed a deal in July
to curb Tehran´s nuclear programme, but sanctions
imposed in 2012 will not be lifted until Iran has
complied with all the terms of the pact, and the
I
agreement has to be ratified by the US Congress.
This is not expected before the end of
December and analysts say they may still be in
place at the end of the first quarter of 2016.
Exploiting Thar coal
reserves
— Reuters
he precious Thar coal is lying unexploited due
to want of coordinated efforts and the
government should consider establishing a coal
ministry to exploit the potential, suggested the
patron of Islamabad Chamber of Small Traders,
Shahid Rasheed Butt on July 21 in Islamabad.
Speaking to the business community, he said
Pakistan had emerged as one of the leading
countries, seventh in the list of top 20, in terms of
reserves after the discovery of lignite coal.
“Coal reserves estimated at 175 billion tons were
discovered 23 years ago but these could not be put
to use to date despite the fact that they could meet
the nations and neighbouring countries’
requirements for centuries.”
“Pakistan is yet to claim any success on the coal
front, when we know that coal has met nearly half
of the rise in global energy demand over the last
decade. Its demand is growing faster than all the
renewables with 1,004 billion tons of reserves still
left, equivalent to 130 years of global output.”
He highlighted the fact that the use of coal in
India continued to rise and by 2025, it would
overtake the United States as the world’s largest
consumer. “This means India will need more coal
imports and Thar coal may be its most economical
source.”
— PPI
T
A new look, a renewed vision
omen Welfare Centre
(WWC), established
and operated by
Pakistan Petroleum Limited
(PPL) for nearly a decade now at
Sui, District Dera Bugti, has been
shifted to its new premises at the
Vocational Training Institute (VTI)
located within the limits of
Taaleem Foundation Grammar
School (TFGS), Sui, since July.
The move is in line with the
company’s corporate social
responsibility strategy to
maximize outreach and benefit
to target communities through
bringing in new development and
research to on-going initiatives
and ensuring sustainability on a
long-term basis.
WWC was initiated in a
makeshift facility in 2006 with the
aim to provide learning
opportunity in income generation
skills to young women in Sui who
could not obtain/ complete
formal education. Gradually, the
centre got increased attention
W
August 2015
from local women, 400 of them
have already benefitted, who
were trained in vocational skills,
including stitching, embroidery
and cooking, and provided with a
monthly stipend besides opening
up a window to showcase their
products to the market under the
management of Frontier Corps.
Considering the potential of
WWC to accommodate
increased enrolment and
diversify trades, PPL decided to
develop and furnish a purposebuilt facility to provide an
enabling teaching and learning
environment to incoming
trainees. For this, the company
engaged Taaleem Foundation, a
Balochistan-based non-profit
organization, which is running
TFGS and similar educational
facilities in the province, to
oversee WWC’s operations in
the new set-up.
The idea of a purpose-built
and equipped facility for WWC
spurred a new dimension to
vocational training for local
youth in District Dera Bugti,
broadening the scope, quality
and sustainability of services.
This led to development of a
comprehensive skills
enhancement programme under
the umbrella of a state-of-the-art
VTI for not only women but also
men in trades that are viable
with increased income potential.
The focus for training women
remains on
imparting both
traditional and
modern skills,
including
embroidery,
use of
computer,
basic adult
literacy,
marketing and
accounting, so
that trainees
are equipped
to manage the
supply chain
from developing products to
handling their marketing. Under
the current set-up, VTI will proactively focus on marketing of
products for sustainability of its
programme as well as
maximizing incentives for
trainees.
WWC with its new location
and management, currently
enrols 30 trainees for a sixmonth coursework. n
11
PRODUCTION
PPL-operated Fields
July, 2015
Sui Gas Field
Raw Gas
Average/Day
Maximum/Day
Balochistan
(Million Cubic Feet)
430
440
Adhi Field
Target Risk
I
MD and CEO Syed Wamiq Bokhari (first left) along with senior management and staff at the close-out session
n line with management’s
efforts for creating alignment
and achievement of its
Strategic Objectives, the Annual
Risk Management (ARM) review
was held during the month of
August. The review was
coordinated by Enterprise Risk
Management (ERM) function
and an external facilitator Zaid
bin Zeeshan of Inclusive
Consulting was engaged for the
purpose of independent
assessment and alignment with
international best practices
pertaining to ERM.
A kick-off brainstorming
session was held on August 13
at Pearl Continental Hotel,
Karachi in order to gather cross-
risks. Ranking was based on
consistent evaluation through
the company’s proposed Risk
Heat Map and Consequence
Matrix. During this session,
participants also developed a
consensus regarding ownership
of identified risks.
Subsequently, focus sessions
were held with respective Risk
Owners (Assets and Functional
teams) to deliberate and
document existing and planned
mitigation actions to address
‘Extreme’ and ‘High’ impact
risks. Risks were assessed at
both Inherent and Residual
levels, considering the
effectiveness of existing
measures as well as the
Consultant and facilitator, Zaid bin Zeeshan engages senior management
during the session
functional inputs of Pakistan
Petroleum Limited’s (PPL)
senior management to identify
and rank key enterprise-level
12
potential impact on PPL’s
Strategic Objectives. Those
considered beyond acceptable
levels were further
contemplated for additional
measures based on which
action plans were documented.
A close-out workshop for the
ARM review was held on August
25, attended by MD and CEO
Syed Wamiq Bokhari, to obtain
a collective buy-in for
identification, assessment and
treatment/ mitigation of those
risks with ‘Extreme’ or ‘High’
impact levels. Focus was placed
on the importance and linkage
between the planned risk
management activities in line
with Strategic Objectives and
risk ownership translated into
functional Balanced
Scorecard(s).
The exercise was completed
with valuable and active
participation from senior
management and functional
teams, including nominated
Risk Champions. The outcome
of the collective and crossfunctional review has been
summarized in the form of PPL’s
Enterprise Risk Register, which
will be monitored by the Board
Enterprise Risk Committee
through the ERM function.
The review was appreciated
by participants in terms of
creating the required awareness
level at the management and
working levels, being an
indicator of the risk culture
which is planned to be
enhanced as Risk Management
system achieves maturity. The
efforts were also appreciated by
the facilitator, who
acknowledged that PPL is
leading the way in the local
industry with regard to the stage
of ERM understanding and
initial implementation. n
Punjab
(Barrels)
NGL Average/Day
2450
Crude Average/Day
LPG Average/Day
GAS Average/Day
3643
(Tonnes)
156
(Million Cubic Feet)
41
Kandhkot Gas Field
Sindh
Mazarani Gas Field
Sindh
Raw Gas
Average/Day
Maximum/Day
Raw Gas
Average/Day
Maximum/Day
(Million Cubic Feet)
(Million Cubic Feet)
Chachar Gas Field
Raw Gas
Average/Day
Maximum/Day
Condensate Average/Day
Gas Average/Day
Kinza (Gambat South)
Sindh
3
4
Sindh
(Barrels)
92*
(Tonnes)
0.5
(Million Cubic Feet)
17*
Raw Gas (Million Cubic Feet)
Average/Day
Maximum/Day
4
5
(Million Cubic Feet)
Adam Field
LPG Average/Day
187
191
Sindh
2
3
*This includes production figures from
Adam West X-1 (Hala Block)
August 2015