Kuwait Petroleum Corporation · Kuwait Kuwait
Company Description
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When it comes to oil and gas, Kuwait Petroleum Corporation (KPC) does it all. The state-owned conglomerate is one of the world's largest integrated oil concerns, and has subsidiaries active in all aspects of the oil and gas industry, including onshore and offshore exploration and production, and refining, marketing, and retailing. It also has petrochemical production and marine transportation businesses. KPC controls estimated proved oil and gas reserves of 104 billion barrels of oil equivalent. Kuwait boasts the world's third largest oil reserves, behind Saudi Arabia and Iraq. KPC markets 301,000 barrels per day of pertroleun products in Western Europe. To read the full description, subscribe now.
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Key Kuwait Petroleum Corporation Financials
| Company Type | Government-owned Headquarters |
| Annual Sales (mil.) | $0.0 |
| Employees | 18,500 |
Kuwait Petroleum Corporation Executives
18 executives listed for Kuwait Petroleum Corporation's Kuwait, location.
| Title | Name & Bio | Contact |
| Chairman | Mohammed Sabah Al-Salem Al-Sahab | Network |
| CEO and Board Member | Saad Al-Shuwaib | Network |
| Undersecretary, Ministry of Finance | Khalifa Hamada | Network |
Competition
Competitive Landscape for Kuwait Petroleum Corporation
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Kuwait Petroleum Corporation Competitors
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