History Timeline of Kuwait 1899 – Fearing direct rule from Turkey, Sheikh Mubarak strikes a deal with Britain and Kuwait becomes a protectorate. Britain provides naval protection in return for Kuwait allowing London to control its foreign issues. 1937 - A lot of oil is discovered by the US-British Kuwait Oil Company. 1951 - Major public-works programme begins; Kuwait's infrastructure is transformed, residents enjoy a high standard of living. 1961 - June - Kuwait becomes independent with the end of