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Wednesday, July 2, 2025 0:47 GMT

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Top News of Kuwait

2nd Phase of Merging Kuwait Oil Companies Underway

published:01/07/2025 07:24 GMT

In preparation for the second phase of merging the subsidiaries of the Kuwait Petroleum Corporation (KPC), informed sources revealed that the executive phase of merging Gulf Oil Company with Kuwait Oil Company (KOC) has begun through the transfer of the corporation’s shares in the capital of the Gulf Oil Company to KOC. They highlighted a meeting held recently between the two companies’ CEOs to start making administrative decisions regarding this matter. The sources explained that the second...More


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