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Chairman Message
  In my name and on the behalf of all the employees in the Oil Development Company, I welcome You to our website.

In the past few months we have conducted our presentations of the Kuwait Project to the Kuwait Oil Sector, organizations in Kuwait such as the academic organizations and other professional organizations, and we have met with the Financial & Economic Committee of Parliament. At the conclusion of the seven meetings with the Committee that deliberated in details the Technical and the Financial aspects of the project, the Operational Service Contract and the proposed law, the Committee had unanimously approved the proposed law and submitted its report.

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Kuwait Oil Price
  Brent Crude Oil
$125.66
Light Crude Oil
$129.07
Natural Gas
$11.36
 
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Prayer Time
   
Fajr 03:17
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Board OF DIRECTORIES

   

Hashim
El-Rifaai
   
       
   
Chairman & MD
   
Samira Saud Al-Humaidhi
Ali Dughaim Al-Shammari
Esam Dawoud Al-Marzouq
Fuad Essa Al-Abbasi
Dr. Naji Mohamed Al-Mutairi
Khaled Al-Khamees
Member
Member
Member
Member
Member
Deputy Chairman

ODC Signs Memorandum of Agreement with the Kuwait Environment Public Authority (KEPA)

The Oil Development Company (ODC) concluded on Tuesday 5th of February a memorandum of Agreement (MoA) with the Kuwait Environment Public Authority (KEPA) concerning the administrative measures and technical assistance required as part of the bids by the International Oil Companies (OIC's) involved in the development of the Northern Kuwaiti Oil Fields

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Code of Ethics

There is no doubt that abiding by a Code of Conduct helps greatly in achieving business success and progress. It furthermore leads to strengthening the bonds of love, harmony and cooperation among team members. Therefore, we appreciate this opportunity to continue to affirm ODC’s high standards of business conduct.

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ODC Signs Cooperation Protocol with KOC

On Wednesday, 29 March 2006, Oil Development Company (ODC) signed a 3 – year renewable cooperation protocol with Kuwait Oil Company (KOC).
The protocol aims at “enhancing cooperation between both companies through the support and provision of KOC's services to ODC”. As stated by Mr. Ali Al-Shammari, Deputy Managing Director for Administration and Financial Affairs of KOC. " The scope of the protocol covers office, engineering, financial and commercial services, as well as IT, HR services and all other services required by ODC.” He elaborated.

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Best Practice: There is always a better way

Last month we announced the launch of this important project, which is designed to establish a common process to facilitate the transfer of best practices across our organization. The K-Companies participating in the project, working closely with the consultants, have made significant progress in the first month and are on-schedule to deliver plans a recommendations for broader program implementation by the end of December.

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Program of Changing the KPC Management Model

KPC has recently taking primary steps to implement a program for changing its current management model and adopting a new one called Strategic Management Model.
 
News Clippings
Arab Times - 26/03/2008
Arab Times - 07/02/2008
Kuwait Times - 28/10/2007
Arab Times - 29/07/2007
Kuwait Times - 29/07/2007
Kuwait Times - 11/12/2006
Arab Times - 17/10/2006
Arab Times - 10/09/2006
Arab Times - 12/07/2006
Kuwait Times - 09/07/2006
Arab Times - 18/06/2006
Kuwait Times - 07/06/2006
Arab Times - 04/06/2006
Arab Times - 29/05/2006
Arab Times - 28/05/2006


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