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Chairman and CEO of Kuwait Gulf Oil Co. (KGOC) since September 2007, Khashti took over from Abdul-Hadi al-Awwad who was in charge of KGOC from September 2004, then having succeeded Muhammad Ali al-Jazzaf.
KKOC has a wide mandate, overseeing Kuwait's 50% share in the Divided Zone (DZ) - the other 50% being for Saudi Arabia - and the emirate's interests in the DZ's offshore operations which are being handled by the Khafji Joint Operations (KJO). KGOC is also responsible for E&P in all of Kuwait's offshore territories.
Before KGOC took over in January 2003, there was little new investment in the DZ's Kuwaiti sector - while the previous concessionaire, ...