Under the leadership of Deputy Prime Minister and Minister of Oil, as well as Minister of State for Economic Affairs and Investment, Dr. Saad Al-Barrak, the Kuwait Petroleum Corporation (KPC) management will meet on Wednesday to look into a range of matters, spanning deferred oil initiatives and pertinent subjects.
Reliable oil sources have told Al-Rai that this meeting marks the inaugural session led by Al-Barrak as head of the corporation, following his assumption of the oil portfolio.
Deliberations will encompass various projects, chief among them the prospect of drilling over 200 oil wells within the Kuwait Oil Company.
Additionally, the administrative resolutions pertaining to performance enhancement and leadership advancement are slated for discussion. The projected scope of endeavors is estimated to total around 250 million dinars, a financial commitment aimed at bolstering production and aligning with the overarching strategies of both the KPC and the national agenda.
These sources have emphasized the prevailing harmony between the oil leadership and the Oil Minister. This consensus was notably underscored by the leaders in the wake of their recent interaction with Al-Barrak.
Expressing their gratitude for his acknowledgment of their roles and the provided support, they affirmed their commitment to executing the requisite tasks and contributing to the attainment of the strategic oil objectives.
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