Kuwait Petroleum Corporation Focusing On Talent Retention
Kuwait Petroleum Corporation (KPC) is focusing its efforts on talent retention, according to the company’s Chief Executive Officer, Nizar Al-Adsani.
“Our focus is the retention of talent, including a work environment that encourages [the] highest employee satisfaction, loyalty and engagement,” Al-Adsani told oil and gas delegates during a presentation at Offshore Technology Conference.
“Our employees are the most valued assets that we invest in,” he added.
The KPC CEO suggested that a shortage of skilled workers hinders the achievement of operational and strategic targets and stated that, since projects have become more complex, the focus of any successful strategy is centered on human competencies development.
As of Feb. 10, the total number of oil and gas layoffs around the globe was 441,371, according to data compiled by Houston-based consulting firm Graves & Co.
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