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Tuesday, 19 Feb 2019

Hyperion kiks-off a 3 year support contract with KNPC

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Nicosia, Cyprus – 30th September 2012. Hyperion Systems Engineering Public Ltd., the leading independent solutions provider to the global process industry succesfully kicked-off in September a 3-year engagement with Kuwait National Petroleum Company (www.knpc.com) for the provision of support services with a blend of software technology and expert engineering services for the continuous monitoring, maintenance of performance levels, upgrade, enhancements and external auditing by leading industry experts, of the implemented ΑspenTech applications at KNPC facilities.

Formal agreements for this engagement were signed in June 2012. Hyperion was awarded the project through an international tender process.

Dr. Symeon Kassianides, the company's founder and CEO, stated that " .. we are extremely pleased to be given another opportunity to demonstrate the value that can be generated through our professional engineering services for a world-class petroleum company like KNPC. We look forward to a stonger and closer cooperation. "

About KNPC

The Kuwait National Petroleum Company is the national oil refining company of Kuwait. Established in October 1960, KNPC handles the responsibility of oil refining, gas liquefaction, and distribution of petroleum goods within the local market.  Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery. In 1980, following the restructuring of the oil sector in Kuwait, KNPC was placed under the newly-created Kuwait Petroleum Corporation (KPC), which was also government owned. Under this position, KNPC took control of distributing petroleum products within Kuwait, along with the ownership of the Mina Ahmadi and Mina Abdullah refineries.  For more information, visit www.knpc.com