For more than six decades, Shell has been working in partnership with Kuwait to bring its crude oil to international markets. From those early days our business in Kuwait developed to include exploration, oil trading, lubricants, and technical services and chemicals sales. Shell staff in Kuwait is based at Kuwait Shell Limited (KSL) and our new company, Shell Kuwait Exploration and Production (SKEP). Through their network, all local staff has access to Shell's global expertise.
Shell Lubricants' distributor, Al-Hafez Trading, supplies the local lubricants market and has more than 15% of the market share. In Kuwait's refineries much has been achieved over the past few years by Shell Global Solutions, in partnership with Kuwait National Petroleum Company (KNPC).
Shell has a number of international joint ventures with Kuwait Foreign Petroleum Exploration Company (KUFPEC) and, in 2005, extended our collaboration with Kuwait through an MOU with Kuwait Petroleum International (KPI) to develop projects in global markets.
In 2009, Shell made its first Liquefied Natural Gas delivery to Kuwait Petroleum Corporation (KPC) floating terminal to help meet peak summer demand.
Looking ahead, Shell is committed to help Kuwait meet the local and global demand for energy in economically, environmentally and socially responsible ways. Early 2010, Shell and Kuwait Oil Company (KOC) signed an Agreement for development of the Jurassic Gas fields. Under the agreement, Shell will deploy a number of technical experts to Kuwait through SKEP to support KOC in managing the ongoing development of the Jurassic Gas fields. In addition, Shell’s operational excellent and diverse LNG portfolio, supported signing an LNG supply contract to cover peak summer periods between April-October for the years 2010-2013.Less...
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