Energy, Oil & Gas

Action Energy, Kellton form GCC AI joint venture

Action Energy Company (AEC) and Kellton have launched a GCC joint venture to deliver AI-powered digital oilfield and IT solutions. The partnership will roll out Kellton’s OPTIMA platform, beginning in Kuwait before expanding to Qatar, Saudi Arabia, the UAE and Oman....

Energy, Oil & Gas

Action Energy Q1 revenue climbs 69.2pc on rig fleet expansion

Action Energy Company, a Kuwait-based upstream services provider, reported strong first-quarter 2026 growth, with revenue rising 69.2 per cent year-on-year as the Kuwait-based upstream services provider expanded its operating rig fleet from 13 rigs in Q1 2025 to 20 rigs this year....

Energy, Oil & Gas

Action Energy signs MOUs for regional expansion

Action Energy Company (AEC) has signed two MOUs to kickstart regional expansion. One MOU with a North American provider focuses on drilling projects in Saudi Arabia and the GCC, while the second with an Iraqi provider targets turnkey operations in Iraq. ...