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Tuesday , November 13 2018

Tag Archives: KPC

KPC plans to secure loan of KD 16 billion

Move aims at supporting its capital projects for next 5 years KUWAIT CITY, Nov 4: Informed sources disclosed that Kuwait Petroleum Corporation (KPC) is planning to secure a loan of KD 16 billion to support its capital projects for the next five years, reports Al-Rai daily. The same sources added …

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KPC signs contract to supply crude oil to Chinese oil refinery

KUWAIT CITY, Oct 31: Kuwait Petroleum Corporation (KPC) recently signed a contract for the supply of crude oil to a Chinese oil refinery, reports Al- Shahed daily. Managing Director for International Marketing at KPC Walid Al-Badran said the signing of the contract is the result of a series of successful …

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Kuwait signs an agreement with SNC-Lavlin for suite of services – ‘Contract worth $180 million’

HOUSTON, July 26: Kuwait Petroleum Corp. subsidiary Kuwait Integrated Petroleum Industries Co (KIPIC) has let a contract to SNC-Lavalin Group Inc, Montreal, to provide a suite of services related to startup of the grassroots 615,000-b/d Al-Zour integrated refining complex under construction in southern Kuwait, reports oil&gasjournal.com. As part of the …

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KPC refers former head for probe

Vietnam refinery CEO in soup KUWAIT CITY, June 6: The Kuwait Petroleum Corporation (KPC) has referred former head of the corporation Jassem Al-Ali to the administrative investigation after he was spotted inside the Parliament during the grilling of Minister of Oil, Bakhit Al- Rashidi, reports Al-Qabas daily. An official speaking …

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KIC to study financing options for ‘strategic projects’ of KPC

Three year contract for KD 168,000 signed KUWAIT CITY, May 27: The Kuwait Petroleum Corporation (KPC) has signed a contract with the Kuwait Investment Company (KIC) to present a study on the optimal financing options for the strategic projects of the Corporation within the five-year plan which extends to 2040. …

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‘KPC and its subsidiaries to start paying incentive bonus on June 3’

Latest technology used in 3 mosques KUWAIT CITY, May 24: The payment of incentive bonus to employees in Kuwait Petroleum Corporation (KPC) and its subsidiaries will start on June 3, reports Al-Anba daily quoting a reliable source from the oil sector. The source revealed that the maximum amount of incentive …

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Kuwait eager to interact with Silk City project, says minister

KPC working to hike crude oil production to 3.380m bpd KUWAIT CITY, May 7, (Agencies): First Deputy Prime Minister and Minister of Defense Sheikh Nasser Sabah Al-Ahmad Al-Sabah expressed Monday sincere eagerness to interact socially and politically with the northern Kuwait and Silk City development projects. Works on these two …

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KPC spent KD 18.3 mln on treatment of expat workers

KUWAIT CITY, April 30: Kuwait Petroleum Corporation (KPC) and its subsidiaries reportedly spent KD 18.3 million on the treatment of expatriate workers in oil sector and their families at Ahmadi Hospital for fiscal year 2017/2018, and the cost of treating expatriates in the sector within the last five years reached …

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MoU signed to ‘prevent’ the smuggling of oil derivatives

KPC, Customs and KNPC collaborate KUWAIT CITY, April 9: Kuwait Petroleum Corporation (KPC), Customs General Department and Kuwait National Petroleum Company (KNPC) signed a memorandum of understanding (MoU) recently to stop the smuggling of oil derivatives, reports Al-Qabas daily quoting sources. This came after a remarkable increase in the prices …

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Kuwait Petroleum Corporation to begin face print ‘attendance’ – First in country

KUWAIT CITY, March 22: Kuwait Petroleum Corporation (KPC) has started installing the face print attendance system for about 1,200 employees, reports Al-Anba daily quoting sources. Sources disclosed the system will be activated next week, adding this aims to eliminate anomalies in the attendance system in light of the decision on …

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