United Oil Projects Company (UOP) is a member of KIPCO Group through its affiliation with United Industries Company (UIC) which is the industrial arm of UIC’s investment in the Oil & Energy Sector.
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UPDC key facts:
* Operates mainly within the onshore and offshore territories of the state of Kuwait and the Kuwait Saudi Arabia partitioned neutral zone.
* Operates 8 drilling rigs with Kuwait Oil Company and one rig with the Joint Operations. (does not own rigs as previously stated)
* Aims to expand its operations to include additional rigs and comprehensive drilling services.
* Entered management contracts with Precision Drilling International for the management of its daily operations.
* Partners with Weatherford International, a trusted global provider of drilling technology and services.