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Independent Petroleum Group KSCP
P.O.Box24027
Phone: +965 22276222p:+965 22276222 SAFAT, 13101  Kuwait Ticker: IPGIPG

Business Summary
Independent Petroleum Group KSCP is a Kuwait-based company that primarily operates, together with its subsidiaries, in the petroleum industry sector. The Company’s principal activities include the trading of crude oil and petroleum products; strategic investments and joint ventures in petroleum storage facilities; terminal and distribution facilities; consulting services in the petroleum and petrochemical fields, and other activities related to petroleum industry, as well as the ownership of vessels, ship chartering and other related services. As of December 31, 2011, the Company’s wholly owned subsidiaries included Independent Petroleum Group Limited and Independent Petroleum Group (Asia) Pte. Limited, which are engaged in the trading of crude oil and petroleum products; Independent Petroleum Group of Kuwait Limited; Independent Petroleum Group (Southern Africa) (Pte) Limited, and D&K Holdings LLC, which is a shipping company.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board, Founder Ali MohammedAl-Radwan 2/20/2019 9/11/1976
Chief Executive Officer, Founder, Executive Director Waleed J.Hadeed 9/11/1976
Deputy Chief Executive Officer, Company Secretary of the Board of Directors Samir SabriShammas 1/1/2021 3/24/2013
6 additional Officers and Directors records available in full report.

Business Names
Business Name
Independent Petroleum Group
Independent Petroleum Group Co SAKC
IPG

General Information
Number of Employees: 166 (As of 12/31/2023)
Outstanding Shares: 180,787,500 (As of 12/31/2023)
Stock Exchange: KUW
Fax Number: +965 22276100


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Wednesday, April 17, 2024