Bapco Refining wins GCC economic operator, ISO certificates
MANAMA, March 16, 2024
Bapco Refining, a wholly-owned subsidiary of Bapco Energies, the integrated energy company leading the energy transition in Bahrain, said it has received the GCC authorised economic operator (AEO) certificate and the ISO 55001 Asset Management certificate.
The GCC Authorized Economic Operator (AEO) certificate will enable the Bapco Refining to obtain priority clearance and immediate release of goods in accordance with international customs regulations.
Additionally, it exempts the company from physical inspection and grants priority in dealing with certified operators within the facilitation mechanism applied in emergency procedures when the customs single window (OFOQ) or X-ray scanners are not functioning, said Bapco Refining in its statement.
The ISO 55001 Asset Management certificate will contribute to achieving improved operational results and performance, as well as better final business outcomes. It will enable effective control of daily activities and help generate higher returns from assets while reducing overall risk costs.
This comes after Bapco Refining successfully fulfilled all the requirements for these certificates, said the statement.
The certifications were received by Abdulla Jehad Al Zain, Chairman of the Board of Directors of Bapco Refining, alongside the board members.
"Obtaining the AEO certificate will provide the company with numerous benefits, while the ISO 55001 Asset Management certificate will support Bapco Refining’s growth and elevate its position in meeting internationally recognized asset management system requirements," remarked Al Zain.
"Bapco Refining's attainment of the ISO 55001 certificate has placed it among the first energy companies in the region to achieve a significant accomplishment," he added.
Bapco Refining CEO Dr. Abdulrahman Jawahery, expressing pride in its latest feats, said: "This achievement will assist in streamlining and enhancing the company's operations while maintaining professionalism."
Dr Jawahery acknowledged the board's conscious policies, which contribute progressively to achieving the company's aspirations and maintaining its leadership through the application of advanced work systems, he added.-TradeArabia News Service
