Kuwait Drilling Company K.S.C (KDC) was established in 1963, and later became a joint venture between Kuwait Petroleum Corporation KPC 49% and CMS 51%
Since 1965 KDC drilled more than 2,500 wells in Kuwait, the Joint Operations (in the divided zone between Kuwait and Saudi Arabia) and Libya. KDC engages in all aspects of deep, medium and shallow drilling as well as work-over services.
In KDC’s home territory, Kuwait Petroleum Corporation has stated that it will be increasing current production capacity of 2.6 MMBOPD to 4 MMBOPD by 2020 and over this period will be spending about US$ 9 Billion on exploration and production both inside and outside Kuwait. Currently, KDC has about 40% of the drilling services market in Kuwait. Having expanded the size of their fleet four folds in only four years, we further expect the addition of several new working rigs to guarantee at least 50% of the market share in the near future.
KDC mission is to become the preferred provider of well drilling and related services in the Middle East and to be recognized internationally for the Quality provided to its customers.
