KPC | Egypt Oil & Gas - Part 2

KPC to Coordinate with Clients Concerning Oil Cuts

Kuwait Petroleum Corporation (KPC) is set to cooordinate with clients in international markets in an effort to cut its supply of Kuwaiti crude oil in accordance with OPEC oil cuts, according to KUNA.  The KPC is set t...

KPC Borrows $6.58 B from National Banks

The Kuwait Petroleum Corporation’s (KPC) board of directors made several vital decisions to finance its strategic projects, among them KPC has gained the approval to borrow around $6.58 billion from Kuwaiti banks, as ...

KPC to Boost Oil Exports, Gas Production

Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production, Zawya reported. According to the chief executive of the state-run company, Hashem Hashem, KPC plans to focus on offshore oi...

KPC to Add Three Refineries by 2023

Kuwait Petroleum Corporation (KPC) is expected to add two to three new crude oil refineries by 2023, Mubasher reported, citing a report by GlobalData. The largest of the three new refineries will be the Al-Zour refine...

Grandweld Completes Delivery of 10 boats to KOC

Grandweld Shipyards has successfully completed the construction and delivery of 10 boats to Kuwait Oil Company (KOC), a subsidiary of the Kuwait Petroleum Corporation (KPC), according to Zawya. The UAE-based company, ...

Kuwait Selects Honeywell for Al-Zour Refinery Contract

Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of the Kuwait Petroleum Corporation (KPC), has awarded Honeywell UOP a contract in Al-Zour Refinery, Reuters reported. Honeywell UOP will provide a ...

KNPC Plans to Launch $1.3 B Projects in 2019

The Kuwait National Petroleum Company (KNPC), a subsuidary of the Kuwait Petroleum Corporation (KPC), is reportedly preparing to launch a number of mega projects before the end of 2019, with investments of about $1.3 ...

KOC Awards $61.1 MM Contracts for Local Companies

Kuwait Oil Company (KOC),  a subsidiary of the Kuwait Petroleum Corporation (KPC), has awarded two contracts worth around $61.1 million, Al-Anbaa reported. The first contract was signed with KDDB General Trading &...

KPC Hires NBK Capital As Financial Advisor for $2 B Loans

Kuwait Petroleum Corporation (KPC) has hired NBK Capital, a fully owned subsidiary of the National Bank of Kuwait (NBK), as a financial advisor as the company seeks to obtain $2 billion in finances, Reuters reported. ...

El-Molla Discusses Oil Imports, Investments with KPC

Minister of Petroleum Tarek El-Molla has emphasized the strong ties between Egypt and Kuwait as he received a delegation from the Kuwait Petroleum Corporation (KPC), Egypt Oil & Gas reports. Abdulnasser Al-Fulaij,...

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