Through its establishment in 1960, Kuwait National Petroleum Company (KNPC) was the first national company in the region having its Hydrocarbon resources managed and exploited by foreign companies. The Company’s vision was stimulating development and providing an exemplary experience in handling national resources. In its perspective, KNPC came as a model for the indigenous potential to undertake management and exploitation of the oil resources, which started to develop into a colossal source of income capable of sustaining the society welfare and financing its overall development .