Services Offered :· Domestic Operations: All exploration and production operations fell under the command of KOC . In addition, KNPC assumed responsibility of Kuwait\'s three largest refineries. This allowed each company to specialise in its own field.
· Foreign Upstream Operations: In 1981, foreign upstream exploration interests held by KPC and the Ministry of Oil were consolidated into one entity, the Kuwait Foreign Petroleum Exploration Company (KUFPEC). In addition, KPC acquired Santa Fe, a US -based drilling contractor.
· Foreign Downstream Operations: Between 1983 and 1987, KPC acquired most of Gulf Oil\'s refining and marketing operations in Western Europe, in addition to BP\'s Danish operations. Kuwait Petroleum International (KPI) was established in London to manage these interests. In 1986, the renowned Q8 brand was launched. Other major expansions occurred in early 1990 such as the purchase of Mobil\'s network in Italy.
With a focus on international expansion, KPI began operations in Spain in 1992 and two years later acquired BP\'s Luxembourg assets. KPI penetrated the Italian market as well, with a refining joint venture with AGIP at Milazzo, and invested further in Italy\'s retail stations. Additional investment was made in Belgium and a further joint venture with OKF resulted in the birth of OKQ8; the biggest fuel retail market player in Sweden. In 2004, KPI decided to leave the UK market as the profitability was not sustained. The Company, however, expanded its market shares in the Netherlands by acquiring a part of BP network as well as an Automat network (TANGO). In Belgium, KPI become the second biggest market player due to the acquisition of BP and Aral networks.
Airport refuelling operations throughout Western Europe and Hong Kong were also expanded. Today, KPI markets approximately 301,000 barrels of products per day in Western Europe with an additional 90,000 barrels per day sold directly from its two refineries through more than 4,000 retail stations, and operates its own refinery in the Europoort and Milazzo. The company is also looking into further international expansion in the near and Far East.
Today, KPC is one of the world\'s most respected, trusted and reliable suppliers of energy. It has a long and proud history.
Services Offered :KGOC has an active role in the exploration, development and production of Oil and Gas from the Divided Zone between the State of Kuwait and the Kingdom of Saudi Arabia. Although KGOC was only formed in 2002, the Oil and Gas operations in this area have been finding and extracting hydrocarbon reserves for more almost 50 years.
The current joint operations under KGOC\'s control are primarily offshore, including some onshore processing, storage and administrative facilities. Many projects are underway to search for new reserves in the area as well as improve the utilization of the existing reserves. KGOC hopes to lead the Khafji Joint Operations to significantly increase the scope of their offshore endeavors by earnestly searching for new sources of Oil and Gas and using advanced petroleum engineering techniques to recover the underground fluids in a safe and optimal way.
By January, 2006, KGOC will also take on the management of Kuwait\'s share in the onshore area of the Divided Zone in the Wafra area. Saudi Arabian Texaco (or SAT) will continue to represent the interests of Saudi Arabia in these new joint operations. These operations, like their offshore counterparts, represent a cooperative effort on the part of Kuwait and the Kingdom of Saudi Arabia to showcase international responsibility by sharing the Oil and Gas adjacent to the boundary between these two countries.
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