Tuesday, 02 January 2024 12:17 GMT

NBK Highlights Financing Leadership At Kuwait Energy Forum


(MENAFN- The Arabian Post) Arabian Post Staff -Dubai

National Bank of Kuwait used the Kuwait Oil & Gas Show and Conference 2026 to underline its role as a leading financier to the energy value chain, engaging with policymakers, producers, service companies and investors as Kuwait accelerates long-term plans to modernise hydrocarbons infrastructure while managing the transition to lower-carbon operations.

Held over three days in Kuwait City, the biennial industry gathering drew senior executives from national oil companies, international majors, technology providers and project developers, offering a platform for deal-making, technical exchange and policy dialogue. NBK's participation centred on structured finance, risk management and capital solutions for upstream, midstream and downstream projects, alongside advisory support for contractors navigating tighter margins and rising project complexity.

Bank officials said discussions reflected a steady pipeline of projects tied to capacity maintenance, enhanced oil recovery and gas development, as well as investment in digitalisation and emissions reduction. Kuwait's strategy continues to prioritise sustaining production capacity while improving efficiency and safety, creating demand for long-tenor financing, hedging tools and working-capital facilities. NBK positioned its balance sheet strength and sector expertise as key differentiators at a time when global lenders are recalibrating exposure to hydrocarbons.

Executives also highlighted growing interest in financing models that blend conventional project finance with sustainability-linked features. Operators and service companies are increasingly seeking facilities that reward operational improvements such as reduced flaring, methane management and energy efficiency. Bank representatives said these structures require close alignment between lenders, sponsors and regulators to ensure measurable outcomes without disrupting project economics.

Panels and closed-door meetings at the conference reflected broader shifts shaping the regional energy landscape. Capital discipline remains a dominant theme, with operators under pressure to deliver returns while funding maintenance and selective growth. Supply-chain resilience featured prominently, as contractors contend with cost inflation, longer delivery times and skills gaps. Digital technologies, including predictive maintenance and data-driven reservoir management, were cited as tools to offset cost pressures and improve uptime.

See also Sharjah fixes cut-off for traffic black points relief

NBK's team held targeted sessions with engineering firms and equipment suppliers to discuss cash-flow optimisation and guarantees linked to large contracts. For smaller service providers, access to bank credit remains a critical issue, particularly as payment cycles lengthen on complex projects. Bankers said tailored trade finance and receivables solutions can ease liquidity strains while supporting localisation goals.

The conference also provided a window into evolving policy priorities. Kuwait continues to emphasise gas development to meet domestic power demand and free up crude for export, alongside investments to upgrade refineries and petrochemical facilities. Financing requirements span conventional loans, syndicated facilities and capital-markets instruments, areas where NBK has expanded capabilities in recent years.

Beyond hydrocarbons, conversations touched on the gradual expansion of renewable power and carbon-management initiatives. While oil and gas dominate near-term spending, utility-scale solar, grid upgrades and efficiency programmes are gaining traction. Bank officials said the challenge for lenders is to support diversification without losing sight of the cash-generating core of the economy.

NBK's presence at the event followed a series of transactions across the Gulf that underscored its regional footprint in energy finance. Market participants noted that local banks are playing a larger role as international lenders become more selective, particularly on projects with clear sponsors and strong sovereign backing. This shift places greater emphasis on domestic expertise and long-term client relationships.

Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

MENAFN06022026000152002308ID1110704639



The Arabian Post

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search