Employees at Alkam Energy recently celebrated their annual charity day with a donation to mental health charity Waad Center for Psychological Counseling. The company donated $35,000 to the Jeddah based organization in Saudi Arabia, which was also supported by employees fundraising an additional $13,000 through collections, a sum that will be matched by Alkam and brings the total contribution to over $45,000.
Representatives of Waad Center attended the celebration at Al-Khobar, to raise awareness amongst employees and to formally receive the donation.
Waad Center for Psychological Counseling supports local people with severe mental illness to feel more confident, make friends, and access employment opportunities. The oil and gas industry is a high-pressure environment compared to many others, with stressful long hours requiring constant alertness set in isolated locations. With mistakes costing lives, workers can feel overwhelmed yet unable to express themselves.
Weeks away from home and the people they feel comfortable around can enhance these feelings, building up until their mental health deteriorates. Being able to share thoughts and feelings with employers due to worry about what they will say to- and about- them, as well as how people may act toward them can also hinder their likelihood to seek help. In many cases, support is not available even if it pursued. Through one-to-one, group activities, training, and voluntary work placements, charity empower people with the skills and confidence to no longer feel limited by their mental ill-health.
Ibrahim Khalil, CEO of Waad Center said: “We are delighted with the fantastic support the employees of Alkam Energy have shown the Waad Center. It is wonderful that they are championing the cause of mental illness; something that may affect many of their colleagues, friends or family. The monies donated will help us reach even more local people and provide life-changing support services.”
Robert Schaefer, Chief Executive Officer, Alkam Energy, commented: “Waad Center does some great work in our local community, and it was a pleasure to welcome them as our special guests at Al-Khobar. I am delighted that our donation and fundraising will be supporting such a worthy local cause”.
About Alkam Energy
Alkam Energy is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted Alkam to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on Alkam to deliver certainty to the most complex projects, from concept to commissioning. It is called the “One Alkam Way.” Operating in over 54 countries, Alkam’s locally focused and globally-integrated resources include approximately 32,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.
To learn more, visit www.alkamenergy.com
In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, Alkam cautions that statements in this press release which are forward-looking and provide other than historical information, involve risks, contingencies, and uncertainties that may impact Alkam’s actual results of operations. These forward-looking statements include, among other things, statements about the expected scope, timing, and benefits of the Memorandum of Understanding discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit markets, our inability to successfully execute on contracts in backlog, changes in project design or schedules, the availability of qualified personnel, changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties, changes in industry norms and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. For a more complete discussion of these and other risk factors, please see Alkam’s annual and quarterly filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2020, and subsequent quarterly reports on Form 10-Q. This press release reflects management’s views as of the date hereof. Except to the extent required by applicable law, Alkam Energy undertakes no obligation to update or revise any forward-looking statement.