Kuwait Petroleum Company Description
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.
View the Comprehensive Company Description for Kuwait Petroleum
The Company Description provides a historical perspective of Kuwait Petroleum's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Kuwait Petroleum's evolution in the marketplace.
