Kuwait Foreign Petroleum Exploration Co - Company Profile
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Kuwait Foreign Petroleum Exploration Co (KUFPEC), a subsidiary of Kuwait Petroleum Corporation (KPC), is an upstream oil and gas company, that carries out the exploration, development and production of crude oil and natural gas. Its asset base consists of offshore and onshore exploration leases, oil and gas properties and appraisal and development, and oil and gas producing properties. The company participates in joint ventures with other energy companies both as an operator and partner. KUFPEC also focuses on maintaining the optimal ratio of oil and gas in the international upstream portfolio. The company has operations across Asia, Oceania, the Middle East, Africa, Europe and North America. KUFPEC is headquartered in Kuwait City, Kuwait.
Headquarters
Kuwait
Address
Administrative Shuwaikh – Area 4 – Street 102 - Building No. 9, Kuwait City, 13053
Website
www.kufpec.com
Telephone
965 1 836000
Industry
Energy and Utilities
Revenue (2024)
$1.5B
Kuwait Foreign Petroleum Exploration Co premium industry data and analytics
Products and Services
| Products |
|---|
| Natural Gas |
| Crude Oil |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the company signed an agreement with Shell Kuwait Exploration and Production BV to strengthen collaboration and support the company's long-term international growth strategy. |
| 2026 | Asset Purchase | In February, the company acquired 20% interest in Orca and Sul De Orca asset from Shell Brasil Petroleo Ltda. |
| 2026 | Contracts/Agreements | In February, the company signed an agreement with TotalEnergies EP New Ventures to support its strategic objective of enhancing its value and expanding its international upstream footprint. |
Competitor Comparison
| Key Parameters | Kuwait Foreign Petroleum Exploration Co | Saudi Arabian Oil Co | QatarEnergy | Abu Dhabi National Energy Co | Kuwait Oil Co |
|---|---|---|---|---|---|
| Headquarters | Kuwait | Saudi Arabia | Qatar | United Arab Emirates | Kuwait |
| City | Kuwait City | Dhahran | Doha | Abu Dhabi | Ahmadi |
| State/Province | - | Eastern Province | - | Abu Dhabi | Al Ahmadi |
| No. of Employees | - | 75,118 | - | 7,423 | 11,649 |
| Entity Type | Private | Public | Government | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mohammed R. Jasem | Chairman | Executive Board | - | - |
| Eisa Al-Maraghi | Chief Executive Officer; Director | Executive Board | - | - |
| Ghada Y. Alamer | Deputy Chairman | Executive Board | - | - |
| Ahmed Al Rohaif | Manager - Explorations | Senior Management | - | - |
| Balqees A. Al-Musallam | Manager - Management Support | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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