Kuwait Times, Sunday, May 14, 2023 | Shawwal 24, 1444
KPC, Shell ink MoU to exchange expertise
Kuwait:
Kuwait Petroleum Corporation and the international
Shell energy company have signed a memo for exchanging know-how and expertise in
various divisions of the fossil fuel sector.
The KPC said in a statement on Saturday that the memorandum of understanding
(MoU) was inked as part of the approach by the corporation and its subsidiary
companies to benefit from top international companies in the oil and gas
industries.
The accord implies no financial liabilities, the statement said.
The MoU was signed, last Wednesday, by the KPC Deputy Chairman and CEO Sheikh
Nawaf Saud Al-Sabah and Shell CEO Wael Sawwan.