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Kuwait Oil Company

Kuwait Oil Company

Revenue

KD4 B

FY, 2022

Kuwait Oil Company Summary

Company summary

Overview
Kuwait Oil Company (also known as KOC) is a company engaged in exploration, drilling, and production of oil and gas. Its operations include exploration operations, on-shore and off-shore surveys, drilling of test wells, and developing of producing fields, in addition to crude and natural gas exploration.
Type
Subsidiary
Status
Active
Founded
1934
HQ
Ahmadi, KW | view all locations
Website
https://www.kockw.com
Cybersecurity rating
Sectors

Key people

  • Ahmed Jaber Al-Eidan

    Ahmed Jaber Al-Eidan, CEO

    • Khaled Nayef Al-Otaibi

      Khaled Nayef Al-Otaibi, Deputy CEO, Major Projects & Technical Services

      • Qusai Naser Al-Amer

        Qusai Naser Al-Amer, Deputy CEO, Admin

        • Ali Hussain Al-Kandari

          Ali Hussain Al-Kandari, Deputy CEO, North Kuwait

          Operating MetricsView all

          Cretaceous Development Wells Drilled

          345
          7.1%

          FY, 2021

          Jurassic Development Wells Drilled

          15
          21.1%

          FY, 2021

          Heavy Oil Development Wells Drilled

          4
          91.7%

          FY, 2022

          LocationsView all

          2 locations detected

          • Ahmadi, Al Ahmadi Governorate HQ

            Kuwait

            P.O. Box 9758 Ahmadi 61008

          • London, England

            United Kingdom

            54 Pall Mall, St. James's

          Kuwait Oil Company Financials

          Summary financials

          Revenue (FY, 2022)
          KD4.0B
          Gross profit (FY, 2022)
          KD2.0B
          Net income (FY, 2022)
          KD535.7M
          Cash (FY, 2022)
          KD15.8M
          EBIT (FY, 2022)
          KD1.9B

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