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Monday , December 10 2018

Tag Archives: kufpec

KUFPEC floats tender for VAT collection

KUWAIT CITY, Aug 19: Kuwait Foreign Petroleum Exploration Company (KUFPEC) will fl oat a tender for the collection for Value- Added Tax (VAT), reports Al-Nahar daily. The company has specified conditions for entering the tender – the companies that have applied for the tender must have a commercial license and …

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Kuwait’s Kufpec signs $1.1 bln finance deal

KUWAIT, July 31 (Reuters) – Kuwait Foreign Petroleum Exploration Company (Kufpec) has signed a $1.1 billion finance deal with a number of banks to help it expand its oil and gas operations, the company’s chief executive said on Tuesday. Japan’s Sumitomo Mitsui Banking Corporation (SMBC), First Abu Dhabi Bank, Societe …

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Oil market moves towards balance: Kuwait – KUFPEC planning to raise output to 150,000 bpd by 2020: CEO

KUWAIT CITY, March 7, (KUNA): Kuwait’s Oil Minister and Minister of Electricity and Water Bakheet Al-Rashidi said the oil market is moving at a steady pace towards balance and reducing supply surplus. In a statement by Kuwait Petroleum Corporation (KPC) to KUNA, Al-Rashidi said during his participation in a seminar …

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KUFPEC plans to ‘expand’ its operations in Southeast Asia – Kuwait participates in geo-petroleum confab in Malaysia

KUALA LUMPUR, Oct 12, (KUNA): The Asian Conference-Exhibition for Geo-Petroleum Sciences 2015, hosted by the Malaysian oil company, Petronas, got underway here on Monday with participation of Kuwait Foreign Petroleum Exploration Company (KUFPEC). Tuan Zaid, in charge of KUFPEC’s geological sciences department in Southeast Asia, said in a statement to …

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