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KUWAIT FOREIGN PETROLEUM EXPLORATION COMPANY K.S.C. (CLOSED)<br />

AND SUBSIDIARIES<br />

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />

For the year ended 31 December 2010<br />

25. SUBSIDIARY COMPANIES<br />

The wholly owned subsidiaries of the Company are as follows:<br />

Country of<br />

Country of<br />

Company’s Name<br />

Incorporation<br />

Operation<br />

Type of Activity<br />

KUFPEC (China) Inc. Panama China Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC (Italy) Ltd. United Kingdom - Dormant<br />

KUFPEC (Egypt) Ltd. Cayman Islands Egypt Area office, Market survey, Oil & Gas<br />

Exploration / Development /<br />

Production.<br />

KUFPEC (Indonesia) Ltd. Cayman Islands Indonesia Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC (Algeria) Ltd. Cayman Islands Algeria Dormant<br />

KUFPEC (Sudan) Ltd. Cayman Islands Sudan Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC Regional Ventures<br />

(Indonesia) Ltd.<br />

Cayman Islands Indonesia Area office & Market survey<br />

KUFPEC (Tunisia) Ltd. Cayman Islands Tunisia Area office, Market survey, Oil & Gas<br />

Exploration / Development /<br />

Production<br />

KUFPEC (Malaysia) Ltd. Cayman Islands Malaysia Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC (Yemen) Ltd. Cayman Islands Yemen Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC (Aden) Ltd. Cayman Islands Yemen Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC Yemen (East Shabwa) Ltd. Cayman Islands - Dormant<br />

KUFPEC (Holdings) Ltd. Cayman Islands Global Oil & Gas Exploration / Development /<br />

Production<br />

KUFPEC (Seram) Ltd. Bahamas - Dormant<br />

KUFPEC Indonesia (Onshore) B.V. Netherlands - Dormant<br />

KUFPEC (Malaysia Sabah) Ltd. Cayman Islands - Dormant<br />

International Energy Development<br />

Corporation (Congo) Ltd.<br />

International Energy Development<br />

Corporation (Egypt) Ltd.<br />

International Energy Development<br />

Corporation (Sudan) Ltd.<br />

Energy Development Corporation<br />

B.V.<br />

Bermuda - Dormant<br />

Bermuda - Dormant<br />

Bermuda - Dormant<br />

Netherlands Australia Holding Company<br />

31<br />

60

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