CEO, Kuwait Petroleum International
Bakheet Al-Rashidi is Chief Executive Officer of KPC Holdings-Aruba and President of Kuwait Petroleum International. During his tenure, he has led KPI’s major projects to success, namely the Nghi Son Refinery Project in Vietnam; the acquisition of Shell assets in Italy; the sale of Europoort refinery in the Netherlands; the substantial expansion of operations in Q8Aviation and Q8Oils; and the recent JV with Oman Oil Company on Duqm Refinery.
A graduate of Alexandria University in chemical engineering, Al-Rashidi has more than 30 years of experience in the refining industry. He began his career in Kuwait National Petroleum Company (KNPC), the domestic downstream arm of the Kuwaiti oil industry, and headed several functions, ranging from operational planning to technical services to corporate planning. He held the position of Deputy Chairman and Deputy Managing Director for Planning & Local Marketing of KNPC from 2007 till 2013.
He was a Board Member of Kuwait Oil Company (KOC), the upstream arm Kuwait, from July 2011 to July 2012, and the Chairman & Managing Director of Kuwait Aromatics (KARO), a local joint venture, from 2009 till 2012.
Al-Rashidi has significant expertise and knowledge of refining and petrochemicals. He is an active member of premier international bodies and technical committees on oil & gas and has participated as a keynote speaker at various international forums on topics ranging from global refining scenarios to Kuwait’s downstream strategy 2030. He also played an instrumental role in establishing the Gulf Downstream Association (GDA), a non-profit organization that fosters cooperation between companies in refining and other aspect of the downstream oil sector.