Acquiring Company
Kuwait National Petroleum Company
Acquired Company
Kuwait Oil Tanker Company
KuwaitKuwaitEnergyOil And GasEnergyOil And GasDescription
Kuwait National Petroleum Company (KNPC) has officially taken ownership of the Shuaiba and Umm Al-Aish LNG filling plants from Kuwait Oil Tanker Company (KOTC). This acquisition is part of a broader integration strategy aimed at enhancing operational efficiency within Kuwait's oil sector. The transfer includes all employees and operations of the two plants, ensuring comprehensive management by KNPC.
Quick answer
Kuwait National Petroleum Company is acquiring Kuwait Oil Tanker Company, announced August 2, 2025. Kuwait National Petroleum Company is based in Kuwait.
- How much did Kuwait National Petroleum Company pay for Kuwait Oil Tanker Company?
- The deal value was not disclosed.
- What does Kuwait National Petroleum Company do?
- Kuwait National Petroleum Company (KNPC) is a state-owned enterprise responsible for the refining and distribution of oil and petroleum products in Kuwait.
- Where are Kuwait National Petroleum Company and Kuwait Oil Tanker Company based?
- Kuwait National Petroleum Company is based in Kuwait. Kuwait Oil Tanker Company is based in Kuwait.
- Who are the decision-makers at Kuwait National Petroleum Company?
- Fundz holds 1 contact at Kuwait National Petroleum Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Kuwait National Petroleum Company, and when
When Kuwait National Petroleum Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Kuwait National Petroleum Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kuwait National Petroleum Company, from your own LinkedIn network
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Frequently asked
Who acquired Kuwait Oil Tanker Company?
Kuwait Oil Tanker Company was acquired by Kuwait National Petroleum Company, based in Kuwait. The deal was reported on August 2, 2025. Kuwait National Petroleum Company (KNPC) is a state-owned enterprise responsible for the refining and distribution of oil and petroleum products in Kuwait. Kuwait National Petroleum Company is privately held and operates in Energy.
When did Kuwait National Petroleum Company acquire Kuwait Oil Tanker Company?
Kuwait National Petroleum Company's acquisition of Kuwait Oil Tanker Company was reported on August 2, 2025. Kuwait National Petroleum Company (KNPC) has officially taken ownership of the Shuaiba and Umm Al-Aish LNG filling plants from Kuwait Oil Tanker Company (KOTC). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kuwait Oil Tanker Company do?
Kuwait Oil Tanker Company (KOTC) is a state-owned enterprise involved in the transportation of oil and petroleum products. It plays a crucial role in supporting Kuwait's oil industry infrastructure and ensures the safe transit of hydrocarbons. It is privately held, operating in Energy, and is based in Kuwait.
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