Ministry of Oil and Gulf Oil Company Sign Electronic Linkage Protocol
Press coverage 2 newspapers covered this event: Al-Jarida · Al-Seyassah →
The Ministry of Oil and Kuwait Oil Company sign a cooperation protocol for electronic linkage and data exchange.
Translated by Qiyas from الجريدة — Original source
The Ministry of Oil signed a joint cooperation protocol today, Tuesday, with the Kuwait Gulf Oil Company (KGOC) regarding electronic integration and the exchange of data and information between the two parties, a move aimed at developing the institutional work system, enhancing digital integration, and improving the efficiency of financial and administrative procedures.
In a statement issued by the ministry, Sheikh Dr. Nemer Al-Sabah said that this signing comes within the framework of the ministry’s direction to accelerate digital transformation and expand technical cooperation with oil companies, enabling the electronic exchange of data and information through approved and secure channels. This contributes to shortening the documentary cycle, simplifying procedures, accelerating transaction processing, and enhancing the accuracy of exchanged information.
He added that the protocol also represents an important step in the path of developing the government work system and strengthening integration between the Ministry of Oil and oil companies by leveraging modern digital solutions to simplify procedures and improve institutional performance efficiency.
He noted that cooperation with KGOC reflects a commitment to building a more interconnected and effective work system and expanding the use of modern technologies in managing joint operations, emphasizing the importance of sustained coordination among specialized teams to ensure the actual implementation of the protocol’s outcomes and achieve its intended objectives.
He clarified that developing electronic integration between government entities and oil companies is not limited to accelerating information exchange but extends to enhancing data reliability, improving monitoring and oversight efficiency, and reducing procedural duplication, thereby supporting governance principles and solidifying a more efficient and flexible institutional work environment.
He mentioned that the areas of electronic integration between the two parties include the exchange of basic data for employees of KGOC and relevant entities, financial data related to expenditures, settlements, dues, and allowances, as well as periodic reports and data necessary for completing financial transactions, along with any additional data agreed upon in accordance with approved regulations and authorities.
He pointed out that the protocol aims to establish an organized institutional mechanism for information exchange, ensuring smooth procedures, providing accurate and updated data, reducing reliance on paper transactions, and improving coordination efficiency between the specialized departments of both parties.
He affirmed that this step is part of the Ministry of Oil’s ongoing efforts to modernize the work environment, develop support services, and strengthen institutional partnerships with oil companies, thereby supporting the digital transformation journey and elevating institutional performance levels.
