Kuwait Oil Company

Kuwaiti company

Also known as: KOC

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In history of Arabia: Postwar Arabia, to 1962
The Kuwait Oil Company, a joint Anglo-American enterprise, began production in June 1946. Thereafter oil was discovered in many other places, mostly in the Persian Gulf. Vast petroleum revenues brought enormous changes to Saudi Arabia and transformed the gulf states. The market for labour brought migrants…
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In Kuwait: Oil
In 1934 the Kuwait Oil Company (KOC), the ownership of which was divided equally between what were then the British Petroleum Company and the Gulf Oil Corporation (of the United States), obtained a concession covering the whole territory except the Neutral Zone. Oil was struck in 1938, but…
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