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Kuwait Petroleum International company logo
Corporation
q8.com

Investments

1

Partners & Customers

3

About Kuwait Petroleum International

Kuwait Petroleum International, often referred to by its trademark Q8, refines and markets fuel, lubricants and other petroleum products in Europe.

Headquarters Location

Salhiya Complex Gate 5 - 3rd Floor Fahad Al-Salem Street

Kuwait City,

Kuwait

+965 22332800

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Latest Kuwait Petroleum International News

Oman's Duqm refinery units running at full capacity ahead of inauguration - KPI CEO

Feb 6, 2024

Reuters Images/Sergei Karpukhin The Duqm refinery is a $9bln joint venture between Oman's OQ Group and Kuwait Petroleum International and located in Oman's Duqm Industrial Zone Ahmed Hagagy, Reuters News PHOTO KUWAIT - Oman's Duqm refinery units are running at full capacity of 230,000 barrels per day (bpd), Kuwait Petroleum International (KPI) CEO Shafi Taleb Al-Ajmi told Reuters on Monday. Kuwait emir, Sheikh Meshal al-Ahmad al-Sabah, will inaugurate the refinery on Wednesday alongside the Sultan of Oman Haitham bin Tariq. The Duqm refinery is a $9 billion joint venture between Oman's OQ Group and Kuwait Petroleum International and located in Oman's Duqm Industrial Zone. The refinery is in line with Kuwait's strategy to refine 425,000 bpd of its oil abroad. "Today we see that there is a thirst for (petroleum) products, and there is a greater global demand and a greater refining (profit) margin compared to previous years," Al-Ajmi added. The refinery exported at least 70 shipments of oil products so far worldwide, Al-Ajmi said. OQ has also signed an agreement to develop a petrochemicals complex in the Duqm Economic Zone with Kuwait Petroleum International and Saudi Basic Industries Corp. (SABIC), in December 2022. Al-Ajmi expects the study to be completed by the end of March to clarify the feasibility of the petrochemical complex project. (Reporting by Ahmed Hagagy; Writing by Nayera Abdallah; Editing by Jan Harvey and David Evans) Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here . © ZAWYA 2024

Kuwait Petroleum International Investments

1 Investments

Kuwait Petroleum International has made 1 investments. Their latest investment was in SnappCar as part of their Series A - II on September 26, 2019.

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Kuwait Petroleum International Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/26/2019

Series A - II

SnappCar

$8.74M

Yes

1

Date

9/26/2019

Round

Series A - II

Company

SnappCar

Amount

$8.74M

New?

Yes

Co-Investors

Sources

1

Kuwait Petroleum International Partners & Customers

3 Partners and customers

Kuwait Petroleum International has 3 strategic partners and customers. Kuwait Petroleum International recently partnered with OQ on December 12, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

12/28/2022

Partner

Oman

Oman's OQ, Kuwait Petroleum International and SABIC plan petrochemicals complex

- Oman 's state energy company OQ has signed an agreement to develop a petrochemicals complex in the Duqm economic zone with Kuwait Petroleum International and Saudi Basic Industries Corp. , state news agency ONA reported on Wednesday .

1

12/17/2014

Vendor

France

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10

12/17/2014

Vendor

France

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10

Date

12/28/2022

12/17/2014

12/17/2014

Type

Partner

Vendor

Vendor

Business Partner

Country

Oman

France

France

News Snippet

Oman's OQ, Kuwait Petroleum International and SABIC plan petrochemicals complex

- Oman 's state energy company OQ has signed an agreement to develop a petrochemicals complex in the Duqm economic zone with Kuwait Petroleum International and Saudi Basic Industries Corp. , state news agency ONA reported on Wednesday .

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Sources

1

10

10

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