KPC secures a $16B pipeline investment from Blackstone, KKR and Brookfield, marking Kuwait’s largest FDI deal amid growing Gulf security concerns.
Kuwait Petroleum Corp.
(KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co.
Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.
The state‑owned company described the transaction, named Project Peregrine, as the largest foreign direct investment in Kuwait’s history.
Under the agreement, KPC subsidiary Kuwait Oil Co.
Kuwait's KPC signs $16 billion lease & leaseback deal with Blackstone, KKR, Brookfield for oil pipeline network
Kuwait signs $16B oil pipeline lease with Blackstone, Brookfield, and KKR in largest-ever foreign investment
Kuwait signs $16 bln pipeline deal with Blackstone, KKR, Brookfield - Latest News
Kuwait signs $16b pipeline deal with Blackstone-led group
Blackstone, Brookfield and KKR sign $16 billion deal with Kuwait for oil pipeline network
Kuwait signs $16bn oil pipeline lease deal with Blackstone, Brookfield and KKR | The National
Kuwait inks $16 billion pipeline deal with US and Canadian firms
Kuwait signs $16 billion pipeline deal, despite Iran attacks
Kuwait Oil Co. Signs $16 Billion Pipeline Leaseback Deal
Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR
