Company Insights Kuwait National Petroleum Company Oil & Gas Kuwait National Petroleum Company Overview Kuwait National Petroleum Company (KNPC) is the state-owned national oil refining company of Kuwait. It was established in October 1960, with shares owned by the Kuwait government and the private sector, and became fully government-owned in 1975. KNPC handles oil refining, gas liquefaction and the distribution of petroleum goods within Kuwait, owning 61 petrol filling stations across the country. The company exported petroleum products from its Shuaiba refinery from 1968 until it closed in 2017. Today it owns the Mina Ahmadi refinery, originally built in 1958, and the Mina Abdullah refinery, originally built in 1949. In 1980 KNPC was placed under the newly created government-owned Kuwait Petroleum Corporation (KPC), and now serves as serves as the KPC’s operational arm. KNPC owns the Kuwait Aviation Fuel Supply Company (Kafco) and has a 60 percent stake in the Kuwait Aromatics Company (Karo). It also operates five ports and facilities for shipping and exporting petroleum products. Kuwait National Petroleum Company News Oil & Gas Kuwait starts merging state oil companies to cut costs Opec producer Kuwait has started to merge its state oil companies to reduce their number, improve efficiency and trim costs, according to the official news agency, Kuna. The Kuwait National Petroleum Company (KNPC), the Gulf emirate’s downstream investment arm, has started to take over the Kuwait Integrated Petroleum Industries Company (KIPIC), which manages the Al-Zour […] April 15, 2025 Oil & Gas Kuwait successfully using drones to inspect oil facilities Kuwait’s first-time use of drones to inspect oil and gas facilities has reduced costs, improved operational efficiency and enhanced worker safety, a local newspaper has reported, without giving numbers. The drones are used to inspect oil and gas fields, petrochemical and refining facilities, and pipelines and export terminals across the country, the Arabic-language daily Alanba […] February 4, 2025 Oil & Gas Kuwait ‘ready to go ahead with merger of state oil companies’ Kuwait’s plan to merge some of its eight state-owned oil companies is ready to go ahead, according to reports in the country. Kuwait Petroleum Corporation (KPC), which manages the country’s hydrocarbon industry, is set to oversee the mergers. The plan was approved by the cabinet two years ago as part of a strategy to cut […] January 28, 2025 Posts navigation
Oil & Gas Kuwait starts merging state oil companies to cut costs Opec producer Kuwait has started to merge its state oil companies to reduce their number, improve efficiency and trim costs, according to the official news agency, Kuna. The Kuwait National Petroleum Company (KNPC), the Gulf emirate’s downstream investment arm, has started to take over the Kuwait Integrated Petroleum Industries Company (KIPIC), which manages the Al-Zour […] April 15, 2025
Oil & Gas Kuwait successfully using drones to inspect oil facilities Kuwait’s first-time use of drones to inspect oil and gas facilities has reduced costs, improved operational efficiency and enhanced worker safety, a local newspaper has reported, without giving numbers. The drones are used to inspect oil and gas fields, petrochemical and refining facilities, and pipelines and export terminals across the country, the Arabic-language daily Alanba […] February 4, 2025
Oil & Gas Kuwait ‘ready to go ahead with merger of state oil companies’ Kuwait’s plan to merge some of its eight state-owned oil companies is ready to go ahead, according to reports in the country. Kuwait Petroleum Corporation (KPC), which manages the country’s hydrocarbon industry, is set to oversee the mergers. The plan was approved by the cabinet two years ago as part of a strategy to cut […] January 28, 2025
