Kuwait Petroleum Corporation (KPC) was formed in January 1980 as a state-owned oil corporation. KPC successfully takes all the oil companies under its umbrella and forms one integrated oil industry in Kuwait. Its structure allows central planning of the industry, more effective and efficient distribution of work, close coordination between various bodies, in addition to the better use of engineering economies of scale that are crucial to thriving oil industry. In 1981 KPC took over the responsibility of marketing Kuwait's oil outside Kuwait, from the Ministry of Oil and foreign upstream exploration interests held by KPC and the Ministry of Oil were consolidated into one entity.
P.O. Box: 26565
Al Safat; Al-Asimah / Capital Governorate; Postal Code: 13126
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