KUFPEC Strategic Plan 2000-2020
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Mission Statement |
KUFPEC’s mission is to increase the value of the Company to the State of Kuwait and shareholders by profitably exploring for and producing hydrocarbons.
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Vision Statement |
KUFPEC’s vision is to become one of the major contributors to the income of the State of Kuwait and shareholders by maintaining an average long-term rate of return greater than that offered by other shareholders investment opportunities.
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KUFPEC Values |
In implementing its strategic plan, KUFPEC must honor its obligations and responsibilities:
- To the State of Kuwait. - To KPC (as parent company). - To Shareholders. - To employees. - To host governments. - And to its co-ventures.
KUFPEC’s shared, core values to achieve its strategic objectives are:
- Quality and Excellence: Doing things right the first time. - Honesty, Integrity and Frankness: Honesty, fairness, trust and respect. - Strategic Thinking: Finding ways to contribute to long-term company goals. - Entrepreneurship: Initiative, innovation and boldness plus accountability. - Sense of Urgency: Doing what really matters. - Pride: In the professionalism of our company and in our role within it. - Teamwork: Teams are a more powerful force than individuals working alone. |