KUFPEC

AcronymDefinition
KUFPECKuwait Foreign Petroleum Exploration Company
KUFPECKuwait Foreign Petroleum Company
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References in periodicals archive ?
State-run Kuwait Foreign Petroleum Exploration Company (KUFPEC) has said its Pakistan unit has secured a concession for the Makhad oil block in Punjab province.
Kufpec will invest at least $9.8 million in the block, as per the press release issued.
The Makhad Exploration Licence and PCA was signed by Mian Asad Hayaud Din, Secretary Petroleum Division, Qazi Mohammad Saleem Siddiqui, Director General Petroleum Concessions on behalf of Government of Pakistan and Chief Executive Officer of M/s KUFPEC, a press release said.
The division said that the government has executed an Exploration Licence (EL) as well as a Petroleum Concession Agreement (PCA) - signed by Petroleum Division Secretary Mian Asad Hayauddin and Qazi Mohammad Saleem Siddiqui, the director general of Petroleum Concessions, and the CEO of Kuwait Foreign Petroleum Exploration Company (KUFPEC) at a ceremony also attended by Minister for Petroleum Omar Ayub Khan.
Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced on Wednesday that its subsidiary, Kirthar Pakistan, has signed an exploration license and petroleum concession agreement in Makhad sector (3371-19) in Pakistan, covering an area of 1,560 square kilometers.
Kuwait Foreign Petroleum Exploration Co (Kufpec) -- the international upstream subsidiary of Kuwait Petroleum Co (KPC) -- is looking to make at least one sizeable upstream acquisition that would lift its production to 150,000 barrels of oil equivalent per day by 2020 from around 110,000-115,000 boepd today.
The MoU for strategic cooperation was signed by KUFPEC South Asia Regional Manager Nawwaf S Alsalem and OGDCL Managing Director Zahid Mir.
The MoU for strategic cooperation was signed between Nawwaf S Alsalem, South Asia Regional Manager for KUFPEC, and Zahid Mir, Managing Director of OGDCL.
South Asia Regional Manager for KUFPEC Nawwaf Alsalem, and Managing Director OGDCL Zahid Mir signed the MoU.brThe cooperation between the two oil exploration companies envisages exploring opportunities jointly in Pakistan, the Middle East and other overseas blocks.
Alsalem, South Asia Regional Manager for KUFPEC and Zahid Mir, Managing Director of OGDCL.
(KUFPEC), the overseas E&P arm of the state-owned Kuwait Petroleum Corp (KPC).
This agreement builds on the 2016 transaction between Total and Kufpec concerning Norwegian North Sea assets, which included a 15 per cent interest in Gina Krog.