May 1978
KOC entrusted with oil-production operations formerly carried out by the American Independent Oil Company, before the latter's concession expired.
October 1978
New bitumen plant inaugurated.
February 1979
H.H. Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, inaugurated the Gas Project at Mina Al-Ahmadi.
1979
A single point mooring near the Sea Island commissioned, facilitating the loading of giant 500,000 ton DWT. tankers.
1980
Kuwait Petroleum Company established by an Amiri Decree.
1983
"Al Baz" drilling rig commenced offshore drilling.
1985
The 26th gathering centre commissioned.
August 2nd, 1990
Operations suspended due to the Iraqi invasion.
February 1991
Iraqi troops detonated over 700 oil wells.
February 26th, 1991
Kuwait liberated by coalition forces. Work began on clearing KOC operational areas of unexploded ordnance and debris.
March 1991
Work began on fighting the oil well fires.
July 27th, 1991
The first shipment of crude exported after the liberation.
September 14th, 1991
Drilling operations resumed at Maqwa oilfield.
November 6th, 1991
H.H. Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, capped the last burning oil well "Burgan 118".
September 24th, 1992
The first shipment of crude from the oil lakes exported.
February 25th, 1993
Production capacity rated at over 2 million barrels per day.
April 13th, 1993
Company long-serving employees receive certificates during the first Honoring Ceremony to be held after liberation.
April 16th, 1993
President George Bush visits the Company and inspects the destroyed KOC Main Offices, the oil lakes, and GC-14.
May 3rd, 1993
Recommissioning of the Single Point Mooring.
September 7th, 1993
The birth of the first test-tube baby in Ahmadi Hospital.
October 1994
97% of the oil in the oil lakes recovered.
1995
Oil discovered in Kara'a Al-Marou (West Kuwait)
1995
Contract signed between Kuwait Oil Company and the Chinese National Petroleum Company for construction of the new gathering centres 27 and 28.
1995
Two new Single Point Moorings (Small Buoys) commissioned.
June 30th, 1996
KOC celebrates 50th anniversary of the first oil export by inaugurating a new memorial. H.H. Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, turned a symbolic golden wheel to commemorate the occasion.
June 23rd, 1997
Signing ceremony for the commissioning of Gathering Centre 25 between KOC and Daelin (Korean).
July 25th, 2000
Commissioning of Gathering Centre 25 at North Kuwait.
January 28th, 2001
Inauguration and commissioning of Gathering Centre 27 at Um-Gudair (West Kuwait)
April 22nd, 2001
Inauguration and commissioning of Gathering Centre 28 at Um-Gudair (West Kuwait)
March 23rd, 2002
Ceremony for re-building and inauguration of KOC's New Main Office Building.
January 25th, 2005
The new GC15 commissioned.
February 23th, 2005
New Pier at Ahmadi port commissioned.
March 19th, 2005
2020 strategy launched to increase production to 4 mmbopd.
April 25th, 2005
Signing ceremony for facility upgrading project of 7 gathering centers and 2 booster stations with PETROFAC.
May 18th, 2005
Signing ceremony for new office complex for 1850 employees to be completed in August 2008.
May 23rd, 2005
Signing ceremony for facilities upgrading project of 10 GCs + 1 BS with SK Engineering and Construction Co.
July 16th, 2005
Signing ceremony for the construction of 8 giant tanks each with 618,000 barrels capacity.
October 3rd, 2005
Signing ceremony for the construction of crude oil export facility project.
October 24th, 2005
Signing ceremony for the construction of 3 flow lines projects.
December 31st, 2005
Transfer of Wafra Joint Operations to Kuwait Gulf Oil Company. As of this date, the Kuwaiti part in the Divided Zone is no longer run by KOC.