Established in April 1981 by its parent company Kuwait Petroleum Corporation (KPC), Kuwait Foreign Petroleum Exploration Company (KUFPEC) is an international upstream company, engaged in exploration, development and production of crude oil and natural gas outside the State of Kuwait.

KUFPEC Canada Inc., a subsidiary of the Kuwait Foreign Petroleum Exploration Company, is a partner in a joint venture developing liquids-rich shale resources in the Duvernay basin.