THE MIDDLE EAST’S

6. Nawaf S. Al-Sabah

Designation: Deputy Chairman & CEO
Company: Kuwait Petroleum Corporation (KPC)
Residence: Kuwait
Nationality: Kuwaiti
Sector: Energy

Al-Sabah joined KPC in 1999, and was appointed to his current role in 2022. KPC produces, refines, transports, and markets Kuwait’s hydrocarbons recourses globally through eight operating subsidiaries. In July 2024, the company announced a giant oil discovery in the Al-Nokhatha field, with oil reserves estimated at 3.2 billion barrels. The company’s net profits reached $4.75 billion for the financial year ended 31 March 2024. Al-Sabah was previously the president and CEO of Kuwait Petroleum International, CEO of the Kuwait Foreign Petroleum Exploration Company, and head of KPC’s General Counsel.