Founding Companies

SAUDI ARAMCO

Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise.

Over the past 80 years, Saudi Aramco have become a world leader in hydrocarbons exploration, production, refining, distribution and marketing. Saudi Aramco’s oil and gas production infrastructure leads the industry in scale of production, operational reliability, and technical advances. Their plants and the people who run them make them the world’s largest crude oil exporter, producing roughly one in every eight barrels of the world’s oil supply.

Saudi Aramco manage proven conventional crude oil and condensate reserves of 261.1 billion barrels. Their average daily crude production is 10.2 million barrels per day (bpd), and they have stewardship of natural gas reserves of 297.6 trillion standard cubic feet (scf).

Headquartered in Dhahran, Saudi Arabia, with offices and operations throughout the Kingdom, Saudi Aramco employ more than 65,000 workers worldwide. Their subsidiaries and affiliates are located across the globe in Saudi Arabia, China, Egypt, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Kingdom and the United States.

Today, Saudi Aramco continue to deliver on their core mission of reliably supplying energy to the Kingdom and the world, and continue to progress towards becoming the world’s leading integrated energy and chemicals enterprise, a top refiner and a creator of energy technologies.

The men and women of Saudi Aramco are firmly dedicated to the resolution that energy is opportunity – a promise Saudi Aramco are proud to honor to their customers, partners, and stakeholders every day.

KUWAIT PETROLEUM INTERNATIONAL

Kuwait Petroleum International, known by the trademark Q8, was established in 1983.

Their main focus is to refine and market fuel, lubricants and other various petroleum derivatives globally. They are the international subsidiary of Kuwait Petroleum Corporation, which combines elements of the Kuwait oil sector under one corporate umbrella and is recognized as one of the world’s top ten energy conglomerates.

BAHRAIN PETROLEUM COMPANY

Bapco is a unique company, which has never stood still. The first to discover oil in the Arabian Peninsula in 1932, it started exporting in 1934 and refining in 1936.

Since then, the company has helped shape the modern Kingdom of Bahrain, not simply through the generation of wealth, but through the development of Bahrain’s manpower.

More than 80 years after the company’s establishment, new ambitions in exploration, and new initiatives in oil and gas field development and new global markets continue to open up with rapid advancement taking place in the company.

Wholly owned by the Government of Bahrain, Bapco is engaged in the oil industry including refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products. The company owns a 264,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal and a marine terminal for its petroleum products. 95% of the company’s refined products are exports.

Bapco is primarily engaged with exploration, refining, storage, production, marketing, training and development, and environmental initiatives in the Kingdom. Bapco is on the verge of a major refining expansion project which aims to produce high value products with the long term future in mind, as well as care for the environment and spur better efficiency. Our prime customers for crude oil and refined products based in the Middle East, India, the Far East, Southeast Asia and Africa.

KUWAIT NATIONAL PETROLEUM COMPANY

When it was established in 1960, KNPC was the only and first national company in a region where hydrocarbon resources were managed and exploited by foreign companies. The owners vision was a stimulating development and provided an exemplary experience in handling national resources. In its perspective KNPC came as a model for the indigenous potential  to undertake management and exploitation of the oil resources which started to develop into a colossal source of income capable of sustaining the society welfare and financing its overall development.

In 1975 the State acquired full ownership of KNPC. KNPC’s operations were highly integrated mainly relying upon its oil refinery in Shuaiba and the marketing of petroleum products from Al-Ahmadi Refinery, run at the time by Kuwait Oil Company KOC- in both local and international markets. As a matter of fact KNPC at that time was maintaining an efficient presence in Europe, the Far East and United States of America to handle the marketing of petroleum products from the Kuwait refineries.

In 1980 Kuwait Petroleum Corporation (KPC) was established as the state owned asset and all other oil companies in Kuwait, including KNPC, became KPC subsidiaries. In collaboration with KPC the company embarked on studies and plans to modernize refining industry in Kuwait with a multi billion dollar projects to revamp Mina Al-Ahmadi and Mina Abdullah Refineries.

On the domestic scene KNPC continued to build new filling stations in order to add more outlets for products marketing and to respond to the growing demand for gasoline and other fuels. However, KPC and KNPC put into effect the trend towards privatization and started in 2004 to transfer its Local Marketing assets, such as the lube oil plant and the petrol stations, to private companies.

In the meantime the company gave special attention to its human resource by implementing a policy of steady growth of the national manpower and providing the company sites with highly qualified human resources. By the year 2009 the percentage of Kuwaitis in the total manpower was around 79.5% from the company labour force which totaled 5235 employees.

ADNOC

ADNOC is one of the world’s leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification

ADNOC operates across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.

For over 45 years, ADNOC has played an integral role in Abu Dhabi’s economic development, managing, producing and preserving the Emirate’s hydrocarbon reserves on behalf of the Abu Dhabi Government. ADNOC is the principle catalyst of growth in the Emirate, and its work has had a positive and lasting impact on the quality of millions of lives. Since 1971, ADNOC has created thousands of jobs, driven the growth of a diverse knowledge-based economy, and played a key role in Abu Dhabi’s global emergence.

Today, ADNOC continues to look for new and innovative ways to maximize the value of ADNOC resources, pioneering those approaches and technologies that will ensure ADNOC is able to meet the demands of an ever-changing energy market, and continue to have a positive impact on the Abu Dhabi economy for generations to come.