THE MIDDLE EAST’S
6. Nawaf Saud Al-Sabah
Designation: Deputy Chairman & CEO
Company: Kuwait Petroleum Corporation (KPC)
Residence: Kuwait
Nationality: Kuwaiti
Sector: Energy
Al-Sabah joined KPC in 1999 and assumed his current role in 2022. KPC produces, refines, transports, and markets Kuwait’s hydrocarbon resources globally through eight operating subsidiaries. In the FY 2024-2025, KPC recorded revenues of nearly $118 billion. In 2024, it signed a 15-year LNG Sale and Purchase Agreement with QatarEnergy to supply up to three million tons of LNG annually to Kuwait. In 2025, KPC discovered a second offshore oil at the Al-Julaiaa field, estimated to hold 800 million barrels of medium-density oil and 600 billion cubic feet of associated gas. Al-Sabah is also a board member of the Public Authority for Industry and the Oxford Institute for Energy Studies.