Established in April 1981 by its parent company Kuwait Petroleum Corporation (KPC), Kuwait Foreign Petroleum Exploration Company (KUFPEC) is an international upstream company, engaged in exploration, development and production of crude oil and natural gas outside the State of Kuwait
KUFPEC is active in 14 countries spanning five continents: Australia, Asia, Africa, North America and Europe.
Sustainability is the key to our survival on this planet and will also determine success on all levels.
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KUFPEC Mission, Vision and Values are shared with KPC upstream sector and aligned with KPC strategic direction reflecting our aggressive ambition in the business.
To explore, develop and produce hydrocarbons within the State of Kuwait, the divided zone and Internationally and so to be a secure and reliable supplier to our customers, promote the care and development of our people and deliver on our commitment to our stakeholders in a compliant, profitable, safe and environmentally responsible manner.
To achieve a leading global position in upstream oil and gas as an integrated, value-driven enterprise, by:
Excellence, Flexibility, Partnership, Motivation, Commitment to HSSE and Society, One Identity and Integrity.
Achieve crude oil and gas production/reserves targets of:
Preference for investments which facilitate technology and capability transfer between domestic and international upstream businesses.
Achieve and maintain optimal ratio of oil & gas in international upstream portfolio.
Become operator of international upstream assets: