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MENA Startups
KP

Kuwait Petroleum Corporation (KPC)

energy
n/a
kuwait-city, kuwait

About

State-owned oil company of Kuwait; parent of Kuwait Oil Company and party to the Project Peregrine infrastructure deal.

Founders

SN

Sheikh Nawaf Saud Al-Sabah

Deputy Chairman and Chief Executive Officer

Recent News

Kuwait draws global investors as FDI drive gains momentum
funding
about 1 month ago

Kuwait draws global investors as FDI drive gains momentum

Kuwait has attracted major global investors led by a $16 billion Shaheen pipeline lease-and-leaseback deal involving funds managed by Blackstone, Brookfield and KKR, signaling growing FDI and the expansion of international asset managers and banks into Kuwait.

Kuwait signs record $16 billion energy infrastructure investment deal
other
about 2 months ago

Kuwait signs record $16 billion energy infrastructure investment deal

Kuwait Petroleum Corporation's subsidiary Kuwait Oil Company signed a $16 billion deal (Project Peregrine) with a consortium led by Blackstone, Brookfield and KKR to create a joint venture granting usage rights to 13 export pipelines while KOC retains majority ownership and operational control.

Company Info

Total Funding

$7.85 billion

Stage

n/a

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