•
1938 Discovery of oil in Kuwait •
1975 Nationalisation of oil wells in Kuwait •
1980 Foundation of
Kuwait Petroleum Corporation •
1983 Foundation of Kuwait Petroleum International - Acquisition
Gulf Oil in the Benelux, Sweden and Denmark •
1984 Acquisition of Gulf Oil in Italy •
1986 Acquisition of Hays Petroleum Services (which had previously been owned by the Kuwait Investment Office, and used the
Pace Petroleum brand) and
Ultramar in the UK - Introduction of the Q8 brand •
1987 Acquisition of
BP in Denmark •
1987 Acquisition of the Soviet-controlled
Nafta in Britain •
1990 Acquisition of
Mobil Oil in Italy •
1997 Joint Venture with
Agip - Milazzo refinery in Sicily •
1998 Joint Venture
OK Petroleum and KPI in Sweden, establishing the OKQ8 brand •
1998 Acquisition of BP retail Belgium •
1999 Acquisition of
Aral Belgium •
2004 Acquisition of
Tango unmanned sites from
Petroplus in the Netherlands (62 sites), Belgium (4 sites) and Spain (1 site); these are typically now branded "Q8 Easy" •
2004 Sale of UK operations to a consortium operating under the name Pace Petroleum •
2005 Sale of Thai operations to the Malaysian company
Petronas •
2006 Sale of German operation (which had 37 service stations under the Markant brand) to Westfalen •
2017 A joint venture between Kuwait Petroleum International and
OQ was announced for the development of
Duqm Refinery and Petrochemical Complex. In the same year, OQ's subsidiary, Oman Tank Terminal Company (OTTCO), began construction of a crude oil storage terminal near Raz Markaz. near
Dar es Salaam,
Tanzania The company's logo represents a
dhow, a traditional Arab sailboat. The colours yellow, red and blue symbolise the desert, sun and sea respectively. ==References==