Middle East Economic Survey

VOL. XLVIII

No 30

25-July-2005

Kuwait

KGOC Takeover Of KOC Operations In Partitioned Zone Complete By End-2005

Kuwait Oil Company (KOC) will have handed over all its operations in the Partitioned (Neutral) Zone to Kuwait Gulf Oil Company (KGOC) by the end of 2005, KOC Chairman Faruq al-Zanki said on 16 July. KGOC is a subsidiary of Kuwait Petroleum Corporation (KPC) founded in 2002 to take over Kuwaits half-interest in the offshore oil and gas fields held by...