About KUFPEC
KUFPEC is a company based in Hawally (Kuwait) founded in 1981 was acquired by China National Offshore Oil Corporation in July 2022. It operates as a Professional Services. KUFPEC offers products and services including Crude Oil Exploration and Natural Gas Production.
- Headquarter Hawally, Kuwait
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Kuwait Foreign Petroleum Exploration Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
China National Offshore Oil Corporation
(Jul 26, 2022)
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Products & Services of KUFPEC
KUFPEC offers a comprehensive portfolio of products and services, including Crude Oil Exploration and Natural Gas Production. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Crude oil exploration is conducted in multiple countries.
Natural gas production is managed across global projects.
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Funding Insights of KUFPEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in KUFPEC
KUFPEC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include China National Offshore Oil Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Upstream company engaged in the exploration, development and production of oil and natural gas
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KUFPEC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KUFPEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kufpec Comparisons
Competitors of KUFPEC
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about KUFPEC
When was KUFPEC founded?
KUFPEC was founded in 1981.
Where is KUFPEC located?
KUFPEC is headquartered in Hawally, Kuwait.
Who is the current CEO of KUFPEC?
Shaikh Nawaf Al Sabah is the current CEO of KUFPEC.
What does KUFPEC do?
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is involved in the exploration, development, and production of crude oil and natural gas outside Kuwait. Operations are conducted across five continents, including Australia, Asia, Africa, North America, and Europe. Sustainability is integrated into projects by reducing greenhouse gas emissions. Various global initiatives are supported in the energy sector.
What products or services does KUFPEC offer?
KUFPEC offers Crude Oil Exploration and Natural Gas Production.
Who are KUFPEC's investors?
KUFPEC has 1 investor. Key investors include China National Offshore Oil Corporation.