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Kuwait Gulf Oil Company
The Kuwait Gulf Oil Company (KGOC) is a national oil company in the State of Kuwait. KGOC operates under Kuwait Petroleum Corporation. It manages Kuwait's share of the natural resources in the divided zone. History Kuwait Gulf Oil Company was founded on February 10, 2002 to represent the state Kuwait in the Divided Zone. In 2003 KGOC took over the management of Kuwait DZ offshore area from the Arabian Oil Company Ltd. In 2006 KGOC started to take over the operations in the Divided Zone from Kuwait Oil Company. There are two operations committee that handles and manage the exploration and developing of hydrocarbons resources in the Divided Zones which are, Wafra Joint Operations (WJO) and Khafji Joint Operations (KJO). The objective of Wafra Joint Operations is to conduct onshore activities in Wafra Divided Zone in cooperation with Saudi Arabia Chevron (SAC) which conducts exploration and production on behalf of Kingdom of Saudi Arabia, whereas Khafji Joint Operations' obj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Ahmadi, Kuwait
Al Ahmadi ( ar, الأحمدي) is a town founded in 1946 with the discovery of oil there, located in Al Ahmadi Governorate, Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort .... Al Ahmadi is a district located in the south of the country. It contains the headquarters for the Kuwait National Petroleum Company (KNPC) and Kuwait Oil Company (KOC) with many of its refineries located there. History Covering an area of 60 km2. it has a population of about 394,000. Al Ahmadi is the capital of this Kuwait province with the same name. Al Ahmadi Province, named after Ahmad Al-Jaber Al-Sabah, was created in 1946. Sheikh Ahmad Al-Jaber Al-Sabah ruled the province from 1921 to 1956. During the beginning of 1940s British and Indian ex-pats started settling in Al Ahmadi. The tow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait Petroleum Corporation
Kuwait Petroleum Corporation ( ar, مؤسسة البترول الكويتية) is Kuwait's national oil company, headquartered in Kuwait City. The activities of Kuwait Petroleum Corporation (KPC) are focused on petroleum exploration, production, petrochemicals, refining, marketing, and transportation. KPC produces about 7% of the world's total crude oil. History and profile In 1934 KPC received the first Kuwait Oil Concession Agreement after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company. In 1975 the state signed agreements with British Petroleum and Gulf and after its shares were progressively increased, Kuwait Petroleum Corporation was founded on 27 January 1980 as an umbrella company, integrating KOC, KNPC, KOTC and PIC and effectively placing them under government control. Between 1983 and 1987 KPC acquired most of Gulf Oil's refining operations in Western Europe. In 1992 KPC began to operate in Spain and in 1994 the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately . Most of the country's population reside in the urban agglomeration of the capital city Kuwait City. , Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3.00 million are foreign nationals from over 100 countries. Historically, most of present-day Kuwait was part of ancient Mesopotamia. Pre-oil Kuwait was a strategic trade port between Mesopotamia, Persia and India. Oil reserves were discovered in commercial quantities in 1938. In 1946, crude oil was exported for the first time. From 1946 to 1982, the country underwent large-scale modernization, largely b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait Oil Company
The Kuwait Oil Company (KOC), an oil company headquartered in Al Ahmadi - Kuwait, is a subsidiary of the Kuwait Petroleum Corporation, a government-owned holding company. Kuwait was the world's 10th largest petroleum and other liquids producer in 2013, and fifth-largest exporter in terms of volume of crude oil and condensates. The managing director of the company is Ahmad Al-Eidan. Kuwait Oil Company, or KOC, is one of the world’s leading National Oil Companies. Furthermore, the company is also considered the backbone of the economic and social development for the State of Kuwait. KOC ’operations and activities of exploring and producing oil make up nearly 90% of the national budget, which is still highly dependent on oil in its resources. The Kuwait Oil Company Limited was established in 1934, through an alliance between the Anglo-Persian Oil Company, now known as the British Petroleum Company (BP), and the American Gulf Oil Company, now known as the Chevron Company, and i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wafra Oil Field
The Wafra Oil Field is an oil field located in the Great Burgan. It was discovered in 1984 and developed by Kuwait Oil Company. The oil field is operated and owned by Chevron Corporation Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in S .... The total proven reserves of the Wafra oil field are around 25 billion barrels (3505×106 tonnes), and production is centered on . References Oil fields of Kuwait {{Kuwait-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CGG (company)
CGG SA (CGG) is a multinational geoscience technology services company that specializes on solving complex natural resource, environmental and infrastructure challenges. CGG is listed on Euronext Paris, and was listed on the New York Stock Exchange until October 1, 2018. History In 1926, Conrad Schlumberger, and his brother Marcel Schlumberger, formed Société de Prospection Electrique (SPE) which specialized in oil and coal exploration as well as civil engineering. In March 1931, SPE and Société Géophysique de Recherches Minières (SGRM), both specialists in seismology and magnetometry, merged into La Compagnie Générale de Géophysique (CGG). SGRM provided 5,000,000 francs of capital and CGG capital of 120,000 francs. In his premises at 30 rue Fabert, in Paris, Conrad Schlumberger decided to transfer the subsurface business to CGG while SPE retained the logging. At the same time, Raymond Maillet from SGRM was appointed President of CGG. The first two years of business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Kuwait
The petroleum industry in Kuwait is the largest industry in the country, accounting nearly half of the country's GDP. Kuwait has proven crude oil reserves of 104 billion barrels (15 km³), estimated to be 9% of the world's reserves. oil reserves in Kuwait, Kuwait's oil reserves are the fourth largest in the world and the Burgan Field is the List of oil fields, second largest oil field. Kuwait is the world's eleventh largest oil producer and seventh largest exporter. Kuwait's oil production accounts for 7% of world-wide oil production. Since the government of Kuwait owns the petroleum industry, it controls a lot of Economy of Kuwait, the country's economy; in all, about 43 percent of the GDP. Kuwait’s oil exports vary depending on internal needs – almost all of Kuwait’s energy is derived from oil – and on international demand and prices and production quotas fixed by the OPEC, of which Kuwait is a member. OPEC’s quotas, however, are difficult to enforce, and K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Kuwait
The economy of Kuwait is a wealthy petroleum-based economy. Kuwait is one of the richest countries in the world."GDP per capita, PPP (current international $)", World Development Indicators database World Bank. Database updated on 14 April 2015. The is the highest-valued unit of currency in the world. According to the , Kuwait is the fifth richest country in the world by [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwaiti Oil Fires
The Kuwaiti oil fires were caused by the Iraqi military setting fire to a reported 605 to 732 oil wells along with an unspecified number of oil filled low-lying areas, such as oil lakes and fire trenches, as part of a scorched earth policy while retreating from Kuwait in 1991 due to the advances of US-led coalition forces in the Gulf War. The fires were started in January and February 1991, and the first oil well fires were extinguished in early April 1991, with the last well capped on November 6, 1991. Motives The dispute between Iraq and Kuwait over alleged slant-drilling in the Rumaila oil field was one of the reasons for Iraq's invasion of Kuwait in 1990.Thomas C. HayesCONFRONTATION IN THE GULF; The Oilfield Lying Below the Iraq-Kuwait Dispute ''The New York Times'', September 3, 1990 In addition, Kuwait had been producing oil above treaty limits established by OPEC. By the eve of the Iraqi invasion, Kuwait had set production quotas to almost , which coincided with a sharp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Kuwait
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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