KUFPEC seeking producing assets to buy, says VP
Hosnia Hashim, KUFPEC’s vice president of operations. (Interfax)
Kuwait Foreign Petroleum Exploration Co. (KUFPEC) is Kuwait Petroleum Co.’s (KPC’s) international exploration and production arm. The company is looking to acquire oil and gas assets around the world so that it can meet its output targets, Vice President of Operations Hosnia Hashim told Interfax Natural Gas Daily.
Natural Gas Daily: How has the drop in oil prices affected KUFPEC’s ability to reach its targets?