The discovery represents the second prominent offshore find made by the Kuwait Petroleum Corporation (KOC) subsidiary, the state-owned player confirmed in a social media post on Monday.

Kuwait Petroleum (KPC) has announced a $33bn investment strategy up to 2029 to enhance its oil production capacity, according to a report by Bloomberg. The plan aligns with other producers ...

(Bloomberg) — Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

Kuwait Oil Tanker Co SAK (KOTC), a subsidiary of Kuwait Petroleum Corporation, is Kuwait-based company mainly involved in the ownership and management of tankers engaged in the transport of crude oil, ...