Sheikh Nawaf Saud Nasir Al-Sabah is the general counsel and deputy managing director of Kuwait Petroleum Corporation (“KPC”), the country’s state-owned oil business. He actively participates in KPC’s negotiating teams for all of its strategic projects and serves as the company’s principal in-house counsel.
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His areas of expertise are international business transactions, corporate governance, and energy and energy security policy analysis. He is on the board of directors of MEGlobal, a joint venture in petrochemicals between Dow Chemical Corporation and Petrochemical Industries Company, a KPC subsidiary.
In 1999, Shaikh Nawaf began working for KPC as a Senior Legal Counsel in the Corporate Legal Department. Mr. Al-Sabah headed KPC’s Washington Office from 2002 to 2004, where he oversaw policy analysis and the creation of downstream business prospects in the US. He was employed as a corporate transactions lawyer for Gibson, Dunn & Crutcher LLP, a global legal practice with offices in Los Angeles, before joining KPC.
Shaikh Nawaf holds an A.B. degree magna cum laude in Public and International Affairs from Princeton University and a J.D. degree cum laude from Harvard Law School. He has delivered lectures to various energy and business groups, including the Oil & Money Conference, Harvard Business School, the Wharton School, the Baker Institute for Public Policy, the Army War College and the Texas State Bar. He lives in Kuwait with his wife Maryam and their sons Nasir and Abdulaziz.
KPC is one of today’s top ten oil energy conglomerates, and a leader in providing safe, clean energy to the global markets. First established in 1980 to bring together all state-owned elements of the Kuwaiti oil sector under one corporate umbrella, KPC today oversees a fully-integrated industry with operations on six continents. The Corporation brings hydrocarbon energy from Kuwait’s domestic reservoirs and KPC’s upstream interests abroad directly to the consumer through a series of specialized subsidiary operating companies.
Sheikh Nawaf Saud Nasir Al-Sabah Net Worth
Kuwait’s Emir was Sabah IV Al-Ahmad Al-Jaber Al-Sabah. When he passed away, his net worth was $600 million. Additionally, Sabah oversaw the Kuwaiti military as its commander. The Sabah monarchy was led by the Sheikh.
At the age of 91, he passed away on September 29, 2020. In 2019, he had a stroke that left him mostly incapacitated for the final year of his life. His half-brother, Crown Prince Sheikh Nawaf al-Ahman al-Jaber al-Sabah, succeeded him.
