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Kuwait Oil Company
Kuwait Oil Company's Responsibilities under the KPC's Umbrella involve the exploration, drilling and production of oil and gas within the State of Kuwait. The Company is also involved in the storage of crude oil and delivery to tankers for export

Our Strategy
As part of our 2030 Strategy, Kuwait Oil Company is expected to face significant challenges in its heavy oil and gas business due to the competitiveness within the global recruitment markets. It has also recently moved from a cost center business process to a profit center business concept, and because its most important asset is its people, the Company will need to ensure that systems and processes are embedded in its organization that engage them more fully. 

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Our Vision
To achieve a leading global position in Upstream Oil & Gas as an integrated, value-driven enterprise, by maximizing the strategic value from oil, realizing the potential of gas, growing reserves for a sustainable future, being an employer of choice, realizing value from technology, strengthening our commitment to HSSE, striving for excellence in performance, and contributing to the Enterprise and State.

 

 



 

 

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To accomplish what we have set ourselves to achieve, we know that it is going to involve a massive amount of dedication and investment. As a result, our strategy for success consists into eight key vision goals. They are as follows:

1) Maximize the Strategic Value from Oil:Be a secure and reliable supplier in response to customer needs and, through the growth of technical capability and operating capacity, optimize the integrated value chain with a diverse range of crude qualities.

2) Realize the Potential of Gas: Optimize the production and utilization of associated gas and maximize production of non-associated gas in support of the energy requirements for the State of Kuwait, its environmental objectives and the creation of value.

3) Grow Reserves for a Sustainable Future: Optimize and promote a portfolio of hydrocarbon resources that supports & sustains growth through aggressive onshore & offshore exploration and new acquisitions, and the application of appropriate reservoir management practices.


4) Be an Employer of Choice: Recruit and retain talented people and provide a highly performance-oriented
environment that motivates and supports development of leadership and technical capabilities.

5) Realize Value from Technology:Pursue a value-driven approach to research, identify, develop and deploy appropriate core and enabling technology solutions through investments, partnerships and technology transfer mechanisms.

6) Strengthen our Commitment to HSSE: Achieve World Class performance and local compliance for Health, Security, Safety & Environment through definition, application and adherence to consistent policies and standards and the sharing of best practices.

7) Strive for Excellence in Performance: Strengthen a performance-driven and commercially-focused culture that maximizes
value and manages risk through high standards, clarity of accountability and efficiency of business processes within a dynamic organization.


8) Contribute to Enterprise & State:

Be a responsible corporate citizen in proactively building an integrated enterprise, engaging third parties, acting as a positive role model for Kuwait and visibly contributing to local content.