Exchange of cultures
The overseas offices of the Cosmo Oil Group have a good relationship with the local communities through the various contribution activities closely related to their needs, such as charities and environment preservation programs.
Examples of activities
Cosmo Oil UK makes a donation to St. Elizabeth's Center every year. The center was established more than 100 years ago to nurse and protect the handicapped, such as epileptic and autistic people. Our contributions in FY2005 assisted the education of young people at the school adjacent to the center.
Meanwhile, Abu Dhabi Oil makes efforts to preserve the environment of local communities. In 1983, it started planting mangroves on an uninhabited island, which was finally changed to a green island. Abu Dhabi Oil also protects ospreys and installs artificial fish reef for local environment preservation.
Desert island (before mangroves were planted)
Green island (after mangroves were planted)
Relationship with oil-producing countries
Cosmo Oil makes efforts to maintain a good relationship with oil-producing and developing countries while taking advantage of a training service system offered by Japan Cooperation Center, Petroleum (JCCP), to exchange technologies with them.
Examples of activities
In 2005, we exchanged technologies with 30 organizations (national oil refining companies and petroleum-related laboratories) in 18 countries, such as the UAE, Qatar, Oman, China, and other Middle East and Asian countries. We received 156 overseas trainees and dispatched 86 of our engineers for training. We provide the training in a variety of fields, such as refining technology and sales control, but in recent years, our counterparts have been increasing their requests for training in technologies aimed at preserving the environment and energy conservation.
In addition to providing trainings, we help oil-producing countries construct and run plants in collaboration with engineering companies, such as JGC Corporation and Chiyoda Corporation. In July 2005, we started supporting the construction of the Sohar Oil Refinery, an environmentally friendly and second-ranked refinery in Oman. It was completed by August 2006. We will also start up the latest Residue Fluid Catalytic Cracking Unit at the refinery. Our technologies have been highly appreciated by counterpart countries.
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