Sheikh Nawaf Al-Sabah ... new CEO of KOC
Kuwaiti oil companies to switch leaders
RIYADH, November 4, 2015
The heads of the state-owned Kuwait Oil Company (KOC) and Kuwait Foreign Petroleum Exploration Company (Kufpec) will swap positions, Oil Minister Ali Al Omair said.
"There is a decision to circulate the management, yes," he told Reuters when asked about reports on whether there was a switch between the CEOs of the KOC and Kufpec.
KOC head Hashem Hashem will become CEO of Kufpec, whose boss Sheikh Nawaf Al-Sabah will become CEO of the KOC.-- Reuters
