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Sheikh Nawaf Al-Sabah ... new CEO of KOC

Kuwaiti oil companies to switch leaders

RIYADH, November 4, 2015

The heads of the state-owned Kuwait Oil Company (KOC) and Kuwait Foreign Petroleum Exploration Company (Kufpec) will swap positions, Oil Minister Ali Al Omair said.
 
"There is a decision to circulate the management, yes,"‎ he told Reuters when asked about reports on whether there was a switch between the CEOs of the KOC and Kufpec.
 
KOC head Hashem Hashem will become CEO of Kufpec, whose boss Sheikh Nawaf Al-Sabah will become CEO of the KOC.-- Reuters
 



Tags: Oil firms | Kuwait | Shuffle |

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