Sail support

This crossword clue is for the definition: Sail support.
it’s A 12 letters crossword puzzle definition.
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Possible Answers: SPAR.

Last seen on: LA Times Crossword 24 May 2018, Thursday

Random information on the term “SPAR”:

The National Oil Corporation of Kenya (NOCK), is a state corporation of Kenya founded by Act of Parliament in 1981, with a mandate of participating in all aspects of the Kenyan petroleum industry.

the main offices are of the company are located at Kawi House, South C Red Cross Road, (Behind Boma Hotel), off Popo Road, Nairobi, Kenya’s capital and largest city. The coordinates of the company headquarters are: 01°19’30.0″S, 36°49’55.0″E (Latitude=-1.325000; Longitude:36.831944).

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The company was incorporated in 1981 and began operations in 1984. NOCK is involved in (a) “upstream activities” of oil and gas exploration (b) “midstream activities” of petroleum infrastructure development and (c) “downstream activities” such as marketing of petroleum products.

As of August 2017, NOCK operates 99 service stations across Kenya, down from 120 in 2016, but up from 85 in May 2012.

In January 2016, following a company loss of KSh270 million (about US$2.7 million) for the half year period from 1 July 2015 to 31 December 2015, the NOCK board of directors sent the then managing director, Sumayya Hassan-Athmani, on compulsory leave, pending a forensic audit of the company finances. She was re-instated “three weeks later”, by the Kenyan deputy president, William Ruto, pending the forensic audit. However, she chose to resign effective 1 July 2016. MaryJane Mwangi, the General Manager in charge of downstream operations at National Oil, was appointed Acting CEO in July 2016. Mwangi, a holder of Master of Business Administration degree from the University of Nairobi, was confirmed as the chief executive officer at National Oil, effective 1 August 2017.

SPAR on Wikipedia