BP, Kuwait Petroleum Sign Global Cooperation Framework Agreement

BP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and petrochemicals ventures.

According to a press statement published by BP on its website, the agreement was signed by BP chief executive officer Bob Dudley and KPC chief executive officer Nizar Mohammad Al-Adsani.

“The agreement paves the way for both companies to jointly invest and cooperate in oil and gas