OAPEC has sponsored the creation of
four companies: The Arab Maritime
(AMPTC), established in 1972 with
headquarters in Kuwait City, the
Arab Shipbuilding and Repair Yard
Company (ASRY) established in 1973
with headquarters in Bahrain, the Arab
Petroleum Investments Corporation
(APICORP) established in 1974 with
headquarters in Khobar, Saudi Arabia,
the Arab Petroleum Services Company
(APSC) established in 1975 with
headquarters in Tripoli, Libya.
The Organization carries out its activities through its four organs:
The Ministerial Council is the supreme authority of the Organization, responsible for drawing
up its general policy.
The Executive Bureau is composed of one representative from each of the member countries,
drawing recommendations and suggestions to the Council, reviewing the Organization’s draft annual budget and
submitting it to the Council, it also adopts the regulations applicable to the staff of the General Secretariat. The
resolutions of the Executive Bureau are issued by the majority of two- thirds of all members.
The General Secretariat of OAPEC plans, administers, and executes the Organization’s
activities in accordance with the objectives stated in the agreement and directives of the Ministerial Council.
The General Secretariat is headed by the Secretary General. The Secretary General is appointed by resolution
of the Ministerial Council for a tenor of three years renewable for similar period(s). The Secretary General is the
official spokesman and legal representative of the Organization and is accountable to the Council.
The Secretary General directs the Secretariat and supervises all aspects of its activities, and is responsible for the
tasks and duties as directed by the Ministerial Council. The Secretary General and all personnel of the Secretariat
carry out their duties in full independence and in the common interests of the Organization member countries.
The Secretary General and the Assistant Secretaries General possess in the territories of the Organization
members all diplomatic immunities and privileges.
The protocol of the Judicial Tribunal was signed in Kuwait on 9 May 1978 and came into
effect on 20 April 1980. The Tribunal is competent to consider all disputes related to the interpretation and
application of OAPEC’s establishment agreement, as well as disputes arising between two or more member
countries concerning petroleum operations.
CONFERENCE ON IMPROVING THE
PERFORMANCE OF DOWNSTREAM
INTERNATIONAL CONFERENCE ON PETROLEUM,
MINERAL RESOURCES AND DEVELOPMENT
TOWARDS AN ACTIVE VISION ON
JOINT ARAB ACTION