![]() Prax Upstream Prax Upstream (formerly known as Hurricane Energy) is a new generation of oil company that exists to discover, appraise, and develop oil from fractured basement reservoirs. | Kemaman Bitumen Company Kemaman Bitumen Company (KBC) is a refinery that processes naphthenic crude oils. | ||||
Founding Date | Founding Date 2013 | Founding Date 2011 | Founding Date 2005 | Founding Date 2003 | Founding Date 2005 |
Type | Type Public | Type Subsidiary | Type Subsidiary | Type Subsidiary | Type Private |
Tags | |||||
Locations | Locations Singapore, SG HQ | Locations Calgary, CA HQ | Locations Surrey, GB HQ Aberdeen, GB | Locations Shah Alam, MY HQ | Locations Riyadh, SA HQ London, GB |
Employees | Employees 59 | Employees 36 | Employees 35 | Employees 233 | Employees 63 |
Financial | |||||
Revenue (est.) | Revenue (est.) $319.7m (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $310.8m (FY, 2022) | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods $172.2m (FY, 2025) | Cost of goods N/A | Cost of goods $28.4m (FY, 2022) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $148.4m (FY, 2025) | Gross profit N/A | Gross profit $283.4m (FY, 2022) | Gross profit N/A | Gross profit N/A |
Net income | Net income ($152.7m) (FY, 2025) | Net income N/A | Net income $108.7m (FY, 2022) | Net income N/A | Net income N/A |

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Prax Upstream (formerly known as Hurricane Energy) is a new generation of oil company that exists to discover, appraise, and develop oil from fractured basement reservoirs.
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