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Home Sector Energy Kuwait Petroleum Corporation launches e-commerce platform for the oil sector

Kuwait Petroleum Corporation launches e-commerce platform for the oil sector

The initiative aligns with the corporation's vision to leverage innovation and technology for maximum profitability
Kuwait Petroleum Corporation launches e-commerce platform for the oil sector
KPC has established over the years a comprehensive plan for technology and innovation.

Kuwait Petroleum Corporation (KPC) has introduced a new electronic commerce platform for the oil sector, aiming to enhance relationships between the corporation, its subsidiaries, and its partners both domestically and internationally. During a festival organized by the corporation in Ahmadi City, KPC’s CEO, Sheikh Nawaf Saud Al-Nasser Al-Sabah, described the platform as the initial stage of the “smart purchasing” initiative.

Read more: Kuwait to modernize, enhance renewable energy efficiency for a zero-carbon future

Sheikh Nawaf highlighted that this initiative represents a digital transformation endeavor that aligns with the corporation’s vision of leveraging innovation and technology to maximize profitability. KPC has established over the years a comprehensive plan for technology and innovation. The initiative has resulted in a unified system that facilitates digitalization and import operations while reducing risks and ensuring the integrity of information and data related to purchases.

According to Sheikh Nawaf, the success of digital transformation projects relies on three key factors: effective change management, collaborative teamwork, and a commitment to excellence. He emphasized that these factors are crucial for supporting and advancing the national economy through the application of innovation and technology in the gas and oil industries. Sheikh Nawaf commended the action system that facilitated this progress, particularly the supreme purchase committee, which played a significant role in the development of the commercial sector, along with the Kuwait National Petroleum Company.

Meanwhile, Kholoud Al-Mutairi, deputy CEO and head of the high guidelines committee, revealed that work on implementing this extensive project began in 2022. The project involved the efforts of 158 workers spread across 26 teams and committees, with the system currently being utilized by 7,000 users. The festival featured a short documentary detailing the challenges faced by the team and their successful efforts to overcome them.

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