Kuwait National Petroleum Company
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Kuwait National Petroleum Company
The Kuwait National Petroleum Company (KNPC) ( ar, شركة البترول الوطنية الكويتية) is the national oil refining company of Kuwait. Established in October 1960, KNPC handles the responsibility of oil refining, gas liquefaction, and distribution of petroleum goods within the local market. KNPC is also handling CFP (Clean Fuel project). History Established in October 1960 as a share-holding company owned by the Kuwait government and private sector, KNPC became fully government-owned in 1975. Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery.In April 2017 Kuwait closed the Shuaiba refinery, which was one of the oldest oil facilities in the region. In 1980, following the restructuring of the oil sector in Kuwait, KNPC was placed under the newly created Kuwait Petroleum Corporation (KPC), which was also government owned. Under this position, KNPC took control of distributing petroleum products within Kuwait, along with the o ...
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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 ...
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Al Zour Refinery
The Al Zour Refinery is an oil refinery under construction in Kuwait. It is the largest refinery in the Middle East. It is an essential part of Kuwait Vision 2035. It is Kuwait's largest environmental friendly oil refinery. Al Zour Refinery is a Kuwait-China cooperation project under the Belt and Road Initiative. History The Kuwait National Petroleum Company (KNPC) first released plans to build what would have been the country's fourth oil refinery in May 2006 before construction was postponed in March 2008 due to political opposition. Two years later, however, the government re-approved construction and Kuwait Integrated Petroleum Industries Company was created to manage its operations after 2019. Initial plan The Kuwait National Petroleum Company released plans to construct the refinery in July 2007. In May 2008, it awarded construction contracts; the largest contracted was granted to a consortium of Japan's JGC Corporation and South Korea's GS Engineerin ...
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Energy Companies Established In 1960
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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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'') ...
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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
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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 ...
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The Public Authority For Applied Education And Training
The Public Authority for Applied Education and Training (PAAET) ( ar, الهيئة العامة للتعليم التطبيقي والتدريب) is an academic institute in Kuwait, it is considered one of the largest institutes in the Middle East in terms of the number of enrolled students. The PAAET offers a wide variety of programs across its different colleges and training institutes. Historical Overview It was established on December 28, 1982, by law number (63) with the objective of developing and upgrading manpower to meet the challenge of shortfall in technical manpower created by industrial and economic development of the country. The foundation of applied education and training was laid along with the initiation of oil exploration, production and export in Kuwait. In the 1950s, the State began to establish training centres and organised programmes to prepare the manpower needed for the oil industry. After building the fundamental structure of the educational system, the ...
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JGC Corporation
JGC Holdings Corporation, formerly , and before that , is a global engineering company headquartered in Yokohama, Japan. The company was founded on 25 October 1928. In 1976, it changed its original name from Japan Gasoline Co. to JGC Corp. In 2019, it changed its name to JGC Holdings Corporation to reflect its changed corporate structure. JGC participates in the design and construction of large energy projects, such as Al Zour Refinery, Nigeria LNG, Pearl GTL, Ichthys LNG, Gorgon LNG, Tangguh LNG and Dolphin Gas Project and over the course of the company's history it implemented over projects in 50 countries. The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 and Nikkei 225 stock market indices In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market ...
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Supreme Petroleum Council (Kuwait)
The Supreme Petroleum Council is one of the governmental agencies of Kuwait of which major task is to develop and set the energy policy of the country. In fact, the council is the highest policy body which oversees the overall petroleum and gas sector in Kuwait. History and profile The council was established on 26 August 1974 to protect the state’s natural resources along with two other major public bodies, namely the Ministry of Oil and the Kuwait Petroleum Corporation. In addition, the council set Kuwait's general policy of oil and energy. Saad Al Abdullah Al Sabah and Sabah Al Ahmad Al Sabah, the former Emir of Kuwait, were among the former heads of the council. The latter served in the post between 2003 and 2010. Then the council began to be headed by the Prime Minister of Kuwait. The council members who are selected by the Amir of Kuwait serve for three years. At the initial phase, the council consisted of four ministers, namely minister of finance and oil, minister ...
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Ultra-low-sulfur Diesel
Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content. Since 2006, almost all of the petroleum-based diesel fuel available in Europe and North America has been of a ULSD type. The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion. Testing by engine manufacturers and regulatory bodies have found the use of emissions control devices in conjunction with ULSD can reduce the exhaust output of ozone precursors and particulate matter to near-zero levels. In 1993 the European Union began mandating the reduction of diesel sulfur content and implementing modern ULSD specifications in 1999. The United States started phasing in ULSD requirements for highway vehicles in 2006, with implementation for off-highway applications, such as locomotive and marine fuel, beginning in 2007. Lubricity Sulfur is not a lubricant in and of itself, but it ...
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Waleed Al-Bader
Waleed (), also spelt as Walid, Oualid, or Velid, is an Arabic-language masculine given name meaning ''newborn child''. Given name Waleed *Waleed Ali, Kuwaiti footballer * Waleed Aly, Egyptian-origin Australian journalist * Waleed bin Ibrahim al-Ibrahim, Saudi businessman * Al-Waleed bin Talal al-Saud, Saudi royal and businessman * Waleed al-Shehri, Saudi hijacker during the September 11 attacks *Waleed al-Husseini, Palestinian ex-Muslim activist Walid *Al-Walid I, sixth Umayyad caliph *Walid Abbas, Emirati footballer *Walid Atta, Saudi-born Ethiopian footballer * Walid bin Attash, Yemeni suspected terrorist in American custody at Guantánamo Bay *Walid Belguerfi, Algerian footballer *Walid Daouk, Lebanese businessman and politician * Walid Hassan, Iraqi comedian *Walid al-Jahdali, Saudi footballer *Walid Jumblatt, Lebanese politician * Walid Khalidi, Palestinian historian *Walid al-Kubaisi, Iraqi-origin Norwegian writer * Walid Muallem, Syrian politician and diplomat * Walid ibn ...
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Kuwait City
Kuwait City ( ar, مدينة الكويت) is the capital and largest city of Kuwait. Located at the heart of the country on the south shore of Kuwait Bay on the Persian Gulf, it is the political, cultural and economical centre of the emirate, containing Kuwait's Seif Palace, government offices, and the headquarters of most Kuwaiti corporations and banks. It is one of the hottest cities in summer on earth, with average summer high temperatures over 45 °C (113 °F) for three months of the year. As of 2018, the metropolitan area had roughly 3 million inhabitants (more than 70% of the country's population). The city itself has no administrative status. All six governorates of the country comprise parts of the urban agglomeration, which is subdived in numerous areas. In a more narrow sense, ''Kuwait City'' can also refer only to the town's historic core, which nowadays is part of the Capital Governorate and seamlessly merges with the adjacent urban areas. Kuwait City's ...
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