Tuesday 24 October 2017
 
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Kufpec

Kufpec doubles interest in Gina Krog field, Norway

Kuwait Foreign Petroleum Exploration Company (Kufpec) has announced that its wholly-owned subsidiary Kufpec Norway has reached agreement to acquire a 15 per cent interest in the Gina Krog field from Total E&P Norge, a wholly-owned subsidiary

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Kuwait's Kufpec says it has raised additional $1.5 billion loan

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, said it had received an additional $1.5 billion loan, raising a previous debt it took last November to $2.5 billion.  

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Kufpec adopts Microsoft Office 365

Kuwait Foreign Petroleum Exploration Company (Kufpec) has become the first oil company in Kuwait to adopt Microsoft Office 365, Microsoft Kuwait said. Kufpec is now completely on Microsoft’s Exchange Online and SharePoint so

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Kufpec adopts Microsoft Office 365

Kuwait Foreign Petroleum Exploration Company (Kufpec) has become the first oil company in Kuwait to adopt Microsoft Office 365, Microsoft Kuwait said. Kufpec is now completely on Microsoft’s Exchange Online and SharePoint so

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KUFPEC signs exploration license with Pakistan

Kuwait Foreign Petroleum Exploration Company (KUFPEC) has signed an exploration license and petroleum concession agreement with Pakistan, for the Paharpur Block in the country. The deal was inked by Sheikh Nawaf Saud Al-Nasser Al-

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KUFPEC signs exploration license with Pakistan

Kuwait Foreign Petroleum Exploration Company (KUFPEC) has signed an exploration license and petroleum concession agreement with Pakistan, for the Paharpur Block in the country. The deal was inked by Sheikh Nawaf Saud Al-Nasser Al-

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Kufpec inks China exploration contracts

Kuwait Foreign Petroleum Exploration Company (Kufpec) said its Chinese subsidiary has signed three production sharing contracts (PSCs) covering exploration blocks located in the South China Sea adjacent to the Yacheng pipeline.  

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Kuwait Petroleum unit inks $1bn loan deal

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, has signed a $1 billion loan, it said. Bank of Tokyo-Mitsubishi-UFJ, HSBC, JP Morgan, National Bank of Kuwait (NBK) and Roy

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KKR, Kuwait Petroleum team up for RWE unit bid

US private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility RWE's oil and gas unit DEA, four banking sources familiar with the matter said. RWE, suffering from

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Asar advises Kufpec on $750m loan

Kuwait-based Asar – Al Ruwayeh & Partners, a leading law firm, and one of the region’s acted as law counsel to the lead arrangers and agents in relation to a $750 million syndicated loan to Kuwait Foreign Exploration Company&rsqu

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