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Dr. Imad Mohammad Alatiqi. Imad Mohammad Alatiqi (Arabic: عماد محمد العتيقي, born 1956) is a current Deputy Prime Minister [1] and Minister of Oil [2] in Kuwait, as well as an influential oil expert, researcher, and academic who has made significant contributions to the fields of petroleum research studies and oil policy-making in Kuwait through various leadership positions and ...
In 1934 KPC received the first Kuwait Oil Concession Agreement after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company.In 1975 the state signed agreements with BP and Gulf and after its shares were progressively increased, [3] Kuwait Petroleum Corporation was founded on 27 January 1980 [4] as an umbrella company, integrating KOC, KNPC, KOTC and PIC and ...
Kuwait was the world's 10th largest petroleum and other liquids producer in 2010. [1] The company produced a total of 1.7 million barrels per day. Kuwait's oil reserves have been nationalized since 1975, [ 2 ] with the KOC, established in 1979, [ 3 ] holding sole rights to the exploration and production of oil and gas within Kuwait. [ 4 ]
The Kuwait National Petroleum Company (KNPC) (Arabic: شركة البترول الوطنية الكويتية) is the national oil refining company of Kuwait. Established in October 1960, KNPC has the mandate for oil refining, gas liquefaction, and distribution of petroleum goods within the local market. KNPC also handles CFP (Clean Fuel project).
In 2011 he became a board member of the Kuwait Gulf Operation Committee (KGOC) and from 2011 to 2013 he served as chairman and managing director of Kuwait Foreign Petroleum Exploration Company (KUFPEC). [2] [3] Al-Adsani was the deputy chairman and chief executive officer of Kuwait Petroleum Corporation (KPC) from May 2013 [4] to December 2018. [5]
Kuwait Petroleum may face a deficit of 6 billion dinars ($19.88 billion) over five years, the report said, adding that the company plans to cover the shortfall by issuing debt, including on ...
After graduation Hussein joined Kuwait National Petroleum Company in February 1972 and worked there until April 1980. [1] Then he began to work at Shuaiba refinery (1972-1974). [1] Then he joined planning department in 1977 and his tenure at the department lasted until 1977. [1] From 1977 to 1980 he worked at international marketing department. [1]
Kuwait Gulf Oil Company was founded on February 10, 2002 to represent the state Kuwait in the Divided Zone. In 2003 KGOC took over the management of Kuwait DZ offshore area from the Arabian Oil Company Ltd. [4] In 2006 KGOC started to take over the operations in the Divided Zone from Kuwait Oil Company. There are two operations committee that ...