Kuwait Oil Company - Strategic SWOT Analysis Review
Reference Code: GDGE7613SA Publication Date: JAN 2013
P.O. Box 9758 Phone +965 23989111 Revenue NA
Ahmadi, Al Ahmadi Fax +965 23983661 Net Profit NA
61008 Website www.kockw.com Employees NA
Kuwait Exchange Industry Oil & Gas
Company Overview
Kuwait Oil Company (KOC) is an oil and gas company. The company is active in exploration operations, on-shore and off-shore
surveys, drilling wells and development of producing fields. KOC is one of the largest oil companies in the world. The company
operates through four segments, namely, Exploration, Drilling, Production and Export. KOC is a subsidiary of Kuwait Petroleum
Corporation (KPC). The company has offices in Kuwait and London. KOC is headquartered in Ahmadi, Kuwait.
As a part of 2020 business strategy, the key goal of the company is to explore, develop and produce marketable quality from the
hydrocarbon resources in the State of Kuwait.
Key Executives SWOT Analysis
Name Title Kuwait Oil Company, SWOT Analysis
Sami Al-Rushaid Chairman Strengths Weaknesses
Mohammad Hussain Deputy Chairman
Business Operations Safety Concerns
Fahad Al-Ajmi Director
Substantial Asset Base
Jamal Al-Noori Director
Bader Al-Khashti Director
Source: Company Website, Primary and Secondary Research,
Opportunities Threats
GlobalData
Focus on Increasing Production Fluctuations in Crude Oil and
Natural Gas Prices
Key Competitors Growing Energy Demand in
Kuwait National Petroleum Company Kuwait Geopolitical Risks
Kuwait Gulf Oil Company
Qatar Petroleum Source: Company Website, Primary and Secondary Research, GlobalData
Abu Dhabi National Oil Company
Saudi Arabian Oil Company
Source: Company Website, Primary and Secondary Research,
GlobalData
Recent Developments
Dec 14, 2012 Canadian Oil Recovery Provides Operations Update
Dec 12, 2012 Canadian Oil Recovery Provides Update On Projects In Kuwait And Saudi Arabia
Dec 10, 2012 Precision Drilling Announces 2013 Capital Expenditures
Nov 06, 2012 Wartsila Wins Contract To Supply Engines And Propulsion Systems For 14 Tugs
Oct 12, 2012 Damen To Build 14 Terminal Tugs For KOC
Source: Annual Report, Company Website, Primary and Secondary Research, GlobalData
Kuwait Oil Company - Strategic SWOT Analysis Review Reference Code: GDGE7613SA
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 3
Section 1 - About the Company.......................................................................................................................................................... 4
Kuwait Oil Company - Key Facts ........................................................................................................................................................ 4
Kuwait Oil Company - Key Employees ............................................................................................................................................... 5
Kuwait Oil Company - Major Products and Services .......................................................................................................................... 6
Kuwait Oil Company - Key Operational Summary .............................................................................................................................. 7
Kuwait Oil Company - History............................................................................................................................................................. 8
Kuwait Oil Company - Company Statement ....................................................................................................................................... 9
Kuwait Oil Company - Locations And Subsidiaries........................................................................................................................... 10
Head Office ................................................................................................................................................................................... 10
Other Locations & Subsidiaries ..................................................................................................................................................... 10
Section 2 – Company Analysis ......................................................................................................................................................... 11
Kuwait Oil Company - Business Description .................................................................................................................................... 11
Kuwait Oil Company - SWOT Analysis ............................................................................................................................................. 12
SWOT Analysis - Overview........................................................................................................................................................... 12
Kuwait Oil Company - Strengths ................................................................................................................................................... 12
Strength - Business Operations ................................................................................................................................................ 12
Strength - Substantial Asset Base............................................................................................................................................. 12
Strength - Ability to control and reduce Flarings........................................................................................................................ 12
Kuwait Oil Company - Weaknesses .............................................................................................................................................. 12
Weakness - Safety Concerns .................................................................................................................................................... 12
Kuwait Oil Company - Opportunities ............................................................................................................................................. 13
Opportunity - Focus on Increasing Production .......................................................................................................................... 13
Opportunity - Growing Energy Demand in Kuwait ..................................................................................................................... 13
Opportunity - Technological Implementations ........................................................................................................................... 13
Kuwait Oil Company - Threats ...................................................................................................................................................... 13
Threat - Fluctuations in Crude Oil and Natural Gas Prices........................................................................................................ 13
Threat - Geopolitical Risks ........................................................................................................................................................ 13
Threat - Investigation into Company's Operations..................................................................................................................... 14
Kuwait Oil Company - Key Competitors ........................................................................................................................................... 15
Section 3 – Company’s Recent Developments ................................................................................................................................ 16
Kuwait Oil Company, Recent Developments ................................................................................................................................ 16
Dec 14, 2012: Canadian Oil Recovery Provides Operations Update ..........................................................................