KKR and Blackstone are part of the largest foreign investment ever in Kuwait.
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Kuwait's government has signed a $16 billion crude oil pipeline deal with North American private equity firms Blackstone, Brookfield Asset Management, and KKR.
Why it matters: This comes amid attacks on Kuwait's energy infrastructure by Iran, in retaliation for U.S. strikes.
Blackstone, KKR and Brookfield take a 49% stake in Kuwait’s 320km pipeline network in a $16bn deal, underscoring confidence in…
Kuwait’s state-owned petroleum firm has signed a $16 billion pipeline infrastructure deal with international private equity…
Kuwait signed a $16 billion leasing agreement for its crude oil pipelines with two U.S. and one Canadian company.
Kuwait signed a $16 billion lease-and-leaseback deal with Blackstone, Brookfield, and KKR for its entire crude pipeline network…
KPC secures a $16B pipeline investment from Blackstone, KKR and Brookfield, marking Kuwait’s largest FDI deal amid growing Gulf…
Upfront proceeds of $7.85bn to be used by Kuwait Oil Company to boost crude output
