
Kuwait Petroleum Corporation
Kuwait"Fueling the Future"
About
Kuwait Petroleum Corporation (KPC) is the state-owned powerhouse responsible for managing all oil and gas activities in Kuwait. Established on January 27, 1980, KPC inherited a rich legacy from pioneering companies like the Kuwait Oil Company, which began operations way back in 1934. Today, KPC operates across the entire hydrocarbon spectrum, from the initial search for oil and gas to their final delivery to consumers. This integrated approach ensures that Kuwait's natural resources are managed efficiently and effectively, contributing significantly to the national economy.
Through its network of specialized subsidiaries, KPC maintains a strong presence both domestically and internationally. Companies such as the Kuwait Oil Company (KOC) handle exploration and production, while the Kuwait National Petroleum Company (KNPC) oversees refining operations. A particularly visible arm is Kuwait Petroleum International (KPI), which operates the well-known Q8 brand, managing over 4,400 service stations across Europe. Add to this the Kuwait Oil Tanker Company (KOTC) with its global fleet, and you see the sheer scale of KPC's operations. The corporation also plays a key role in developing new energy sources, like its involvement in the Durra Gas field project alongside Saudi Arabia.
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Frequently Asked Questions
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Company Info
- Founded
- January 27, 1980
- Founder
- State of Kuwait
- CEO
- Sheikh Nawaf Saud Al-Nasir Al-Sabah
- Headquarters
- Kuwait City, Kuwait
- Industry
- Oil and Gas
- Parent Company
- State of Kuwait
- Revenue
- KWD 30.06 billion (US$ 97.9 billion) (2024/25)
- Ownership
- 100% State-owned
- Global Crude Oil Production Share
- Approx. 7%
- Brand Value (2025)
- USD 4.4 billion
- Recent Developments
- Opened Al-Zour refinery (May 2024), discovered oil in Al-Nokhatha field (July 2024)
- Key Subsidiaries
- Kuwait Oil Company (KOC), Kuwait National Petroleum Company (KNPC), Kuwait Petroleum International (KPI), Kuwait Oil Tanker Company (KOTC)
Official Website
www.kpc.com.kw/
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