Saudi Press

Saudi Arabia and the world
Sunday, Jun 01, 2025

‘Number of job vacancies in oil sector expected to exceed 2,000’

‘Number of job vacancies in oil sector expected to exceed 2,000’

Kuwait Petroleum Corporation (KPC) has instructed its subsidiaries to look into job vacancies in the oil sector as at end of March 2022, reports Al-Anba daily quoting sources. Sources said the number of job vacancies in the oil sector is expected to exceed 2,000.
Sources explained the goal of KPC is to monitor vacancies in preparation for announcing them after the formation of the government. Sources added most of the technical job vacancies are in Kuwait Oil Company (KOC), Kuwait National Petroleum Company (KNPC), and Kuwait Integrated Petroleum Industries Company (KIPIC).

Sources attributed the high number of job vacancies to the end of service of a number of workers, transfer of some workers to other oil companies, and termination of several expatriate workers. Meanwhile, Kuwait has updated its chemical industry strategy for the year 2040, focusing on the growth of basic petrochemical products to reach at least 14.5 million tons annually of the total products of the Petrochemical Industries Company until the year 2040 in a bid to improve the country’s position globally, reports Al-Anba daily quoting an official source from the oil sector.

The source said Kuwait also aims to grow in the specialized petrochemical industry with advanced technology and high economic returns by entering into partnerships with a global player in this field to reach at least 102 million tons – 15 percent of which are manufactured in Kuwait by 2040. Moreover, Kuwait has a leading position in the production of some petrochemical products at the regional and global levels through the factories of Petrochemical Industries Company and its participations around the world, which produce nearly nine million tons of petrochemical products annually. In the meantime, the Ministry of Public Works is waiting for the State Audit Bureau (SAB) to finalize its decision on the tender for the removal of sand from roads in the Capital, Farwaniya and Jahra governorates; especially since the bidding was conducted in 2019, reports Al-Rai daily quoting sources from the ministry.

Sources told the daily that the tender was cancelled in September 2019, and then the ministry recommended awarding the tender to the second lowest bidder as the lowest bidder did not renew the guarantee for the tender. Sources said the bureau considered this inaction on the part of the ministry as it delayed the issuance of decision to award the contract to the lowest bidder. Sources added the Central Agency for Public Tenders (CAPT) requested for the renewal of the guarantee for this tender 11 times, noting that the period between each renewal is 90 days.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
Michael Jordan to Serve as Analyst for NBA Games
×