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 international oil and gas company. Reserve base and support from the parent are its strengths, even as a working capital deficit could be a cause for concern. Nevertheless, growing demand for oil and petroleum products, demand for natural gas, and strategic growth initiatives could present adequate growth opportunities to the company. However, fluctuations in oil and gas prices, exploration, production and development risks, and stringent environmental regulations could affect its operations.
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