KUWAIT - Abdullah Hamad Al-Roumi.
The KPC Managing Director for Transport, and Chairman/CEO of KOTC
for many years, Roumi has long been calling for partial privatisation of
this maritime shipping company. Partly because of delays . . .
KUWAIT - Sa'd Al-Shuwaib & PIC.
It is 40 years since Petrochemical Industries Co. (PIC) marked its
presence in the region with the opening of the Middle East's first
fertiliser complex in the Shua'iba industrial zone. Since then . . .
KUWAIT - Badr Nasser Al-Khashti.
Succeeding Arbeed as Chairman and CEO of KUFPEC in 2001, Khashti
has seen this company making good profits thanks to rising oil and gas
prices and increased production. KUFPEC's oil and gas . . .
KUWAIT - Abdul-Hadi Al-Awwad.
Chairman and CEO of Kuwait Gulf Oil Co. (KGOC) since September
2004, Awwad took up this position to succeed Muhammad Ali al-Jazzaf.
KKOC has a wide mandate, overseeing Kuwait's 50% share in . . .
KUWAIT - Farouq Al-Zanki.
Chairman and CEO of KOC since September 2004, Zanki has taken over
from 'Arbeed. Until then, he was KOC's head of exploration and
development and its board's deputy chairman.
KOC has faced a . . .
KUWAIT - Ahmad Rashid Al-'Arbeed.
The Chairman and CEO of Project Kuwait and the company which will
oversee development of the northern oilfields, 'Arbeed is also in
charge of privatising some non-core KPC businesses including KOTC . . .
KUWAIT - The KPC Board Of Directors.
Members on KPC's board of directors have a three-year term.
The current board was approved by the council of ministers in August
2004. A new board is to be formed in August or early September 2007. . . .
KUWAIT - The European Market.(Industry overview)
Most of KPC's west of Suez operations are located in Europe,
where KPI has a network of almost 5,000 service stations rationalised
and improved in recent years, compared to almost 7,500 stations in . . .
KUWAIT - The US Market.
The US oil market is of strategic importance to Kuwait, a point
stressed repeatedly by succeeding Kuwaiti oil/energy ministers. A major
part of Kuwait's crude oil exports moves to the US market and . . .
KUWAIT - KPC Market Shares West Of Suez.
KPC keeps a low profile in North and South Americas, with a
relatively limited investment portfolio in the US, despite the fact that
the oil refining business in the US now is booming. Most units . . .
KUWAIT - Kuwait Is Consolidating Trans-National Refining &
Retail Operations.
Kuwait Petroleum Corp. (KPC) has been described as "the eighth
sister", with upstream and downstream systems operating in various
parts of the world. It is also called a trans-national. KPC has . . .
KUWAIT - Renewed Efforts For Al-Zour Refinery.
KNPC was on June 8 reported by MEED to have renewed efforts towards
implementing the controversial 615,000 b/d oil refining project at
al-Zour. MEED said: "The scheme has made the headlines for all . . .
KUWAIT - Kuwait Finance House For Integrated Petrochemical/IPWP
Ventures In Bahrain & DZ.
The private Kuwait Finance House (KFH) has been promoting
integrated ventures at Sitra in Bahrain and in the Divided Zone (which
is shared equally by Kuwait and Saudi Arabia) to produce . . .
KUWAIT - PIC's Operations.
Established in 1961, PIC was then partly owned by the private
sector. In 1980 it became a wholly-owned subsidiary of KPC, with private
holdings bought by the state in the 1970s. PIC operates . . .
KUWAIT - Equate.
Kuwait's first olefins complex at Shu'aiba, an expanding
industrial zone south of Kuwait City, began full production on Nov. 12,
1997. It was the largest downstream project involving foreign . . .
KUWAIT - Kuwait's Petrochemical Industry.
The petrochemical sector in Kuwait is making good profit and is
expanding. It was losing money from November 1997, when the $1.93 bn
Equate olefins complex came on full stream, until end-1999. . . .
KUWAIT - Upgrades.
On the sidelines of Hart Energy's World Refining & Fuel
conference in Beijing, KPC Deputy Managing Director of International
Marketing Hamzah A. Bakhash on Nov. 9, 2006, said KNPC was set to . . .
KUWAIT - Seeking Foreign Help.
KNPC has been contracting qualified international firms to help it
run its three oil refineries. In May Amec of the UK was given a KD23.3m
($80.3m) in-house contract to provide project management . . .
KUWAIT - The Kuwaiti Oil Refining Sector.
Kuwait's refining sector is to be expanded. But a fourth plant
to be built for a capacity of 615,000 b/d is in doubt due to
phenomenally high project costs. The sector has had a major . . .
KUWAIT - The Economic Base.
Kuwait's economy has been booming thanks to high oil prices
since April 1999. In 1998 it was in recession, as in the case of the
other five GCC states, due to a big fall in oil prices.
Kuwait on . . .
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