Kuwait Petroleum Corp - Company Profile
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Kuwait Petroleum Corp (KPC) is a state-owned integrated energy company. Its vast operations range from discovering oil in a reservoir to supplying fuel to the vehicles. It carries out exploration, development, production, refining, processing, transportation, distribution, and marketing of crude oil, chemical, natural gas, petrochemical and associated products. It provides base petrochemical products essential for the industrial manufacturing of consumer goods. KPC primarily operates in the Middle East, Western Europe, Far East, North America, and Oceania regions. The company also provides support to the Ministry of Oil of Kuwait while dealing with other countries in the OPEC group. KPC is headquartered in Safat, Kuwait.
Headquarters
Kuwait
Address
PO Box 26565, Safat, Al Asimah, 13126
Website
www.kpc.com.kw
Telephone
965 1 858585
Industry
Energy and Utilities
Kuwait Petroleum Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Marine Transportation |
| Natural Gas | Aviation Fueling |
| Refined | Consultancy Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Disposal | In November, the company sold very low sulfur fuel oil via a term tender for loading. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with HOT Engineering And Construction Company to provide maintenance services at the Mina Abdullah (MAB) refinery in Kuwait. |
| 2019 | Contracts/Agreements | In June, the company's subsidiary, Kuwait Oil Tanker Company, and Lukoil Marine Lubricants announced to extend their partnership for the supply of a 24-strong fleet of VLCCs, product tankers, LPG carriers and bunker ships. |
Competitor Comparison
| Key Parameters | Kuwait Petroleum Corp | Saudi Arabian Oil Co | PetroChina Co Ltd | Valero Energy Corp | Reliance Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | Kuwait | Saudi Arabia | China | United States of America | India |
| City | Safat | Dhahran | Beijing | San Antonio | Mumbai |
| State/Province | Al Asimah | - | Beijing | Texas | Maharashtra |
| No. of Employees | - | 70,496 | 386,912 | 9,886 | 389,414 |
| Entity Type | Government | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bader Al Mulla | Chairman | Executive Board | - | - |
| Shaikh Nawaf Saud Nasir Al-Sabah | Chief Executive Officer; Deputy Chairman | Executive Board | 2022 | - |
| Hesham Al Refaee | Managing Director - Human Resources | Senior Management | - | - |
| Shaikh Khaled Al Sabah | Managing Director - International Marketing | Senior Management | - | - |
| Bader Al Attar | Managing Director - Planning & Finance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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