Top 10 Oil and Gas Companies in the World 2017

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8. Kuwait Petroleum Corp

Kuwait Petroleum Corporation is Kuwait's national oil company, headquartered in Safat, Kuwait.

Image: company website

It was founded on 27 January 1980 and today through its subsidiaries it operates as a diversified energy company worldwide. The Kuwait Petroleum Corporation (KPC) is fully owned by the State of Kuwait, and it primarily engages in both onshore and offshore upstream exploration and production.

It is done through refining, marketing, retailing, petrochemicals, and marine transportation with fuel to power aircraft of the world, i.e. it has an equally strong uphold in the downstream operations of this Oil and Gas industry. The company’s products include crude oil, petroleum products, chemicals, fertilizers, and liquefied gas. To support its plan of internationalization it has several Regional Marketing Offices that are strategically located across the globe, from Houston to London, Mumbai and Pakistan to Singapore and Tokyo. These offices effectively contribute to the sales and marketing operations of KPC and its subsidiaries, in line with both its short-term and long-term strategies. They focus on building the regional market, establishing and maintaining relations with other key oil players, and finally increasing KPC's share in existing markets and entering new ones. The Corporation also provides significant support to the Kuwait Ministry of Oil in its dealings with other member countries of the OPEC. It focuses on delivering clean and safe fuel for motor vehicles, airplanes, ships, agriculture and power stations. It also provides several base petrochemical products that are essential for the industrial manufacturing of several basic amenities of our modern day.

Revenue billion USD: 104.31

Profit billion USD: 4.11

Production volume (Mn Barrels/Day): 3.2

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