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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....
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Kuwait Oil Prices Fall Alongside Global Benchmarks as Traders Monitor Supply and Demand Trends

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Action Energy Strengthens Growth Strategy With New Financing From Local Kuwaiti Banks

Kuwait’s Action Energy strengthened its expansion plans after securing new and renewed banking facilities from local lenders. The company aims to grow its operations...
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Action Energy Company Secures $132 Million Financing to Expand Kuwait Drilling Operations

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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

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Action Energy Secures KWD 40.9 Million To Expand Drilling Fleet And Energy Services In Kuwait

Action Energy has secured new financing to support its expansion plans in Kuwait’s energy sector. The Action Energy funding package totals KWD 40.9 million....

Kuwait Oil Prices Fall Alongside Global Benchmarks as Traders Monitor Supply and Demand Trends

Kuwaiti oil prices recorded a sharp decline in the latest trading session, reflecting broader weakness across global energy markets as crude benchmarks moved lower. According...

Action Energy Strengthens Growth Strategy With New Financing From Local Kuwaiti Banks

Kuwait’s Action Energy strengthened its expansion plans after securing new and renewed banking facilities from local lenders. The company aims to grow its operations...

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Oil Prices Drop Sharply as Kuwaiti Crude Falls to $113

The price of Kuwaiti crude oil declined sharply this Tuesday as global markets reacted to shifting supply expectations. Data from the Kuwait Petroleum Corporation...

Kuwait Oil Company Triggers 30% Workforce Rotation

The Kuwait Oil Company (KOC) transitioned to an emergency "30% workforce" model this Tuesday. This precautionary measure aims to protect personnel during the ongoing...

Gulf States Slash Oil Production by 6.7 Million BPD Amid Strait of Hormuz Crisis

Global oil markets faced a historic shock Tuesday as Bloomberg reported that Iraq, Saudi Arabia, the UAE, and Kuwait have collectively cut production by...

Gulf Oil Crisis Intensifies As Kuwait Halts Exports And Prices Surge

Gulf oil crisis escalates as Kuwait began cutting crude production after storage tanks approached capacity. Officials say very large crude carriers cannot transport oil...

Kuwait Pipeline Stake Sale Talks Advance With Global Funds

Kuwait pipeline stake discussions have entered an early but active phase. Moreover, Kuwait pipeline stake negotiations now involve several major global investment firms. As...

KPC Pipeline Deal Attracts $7 Billion Investment

Kuwait’s KPC pipeline deal is attracting interest from global investors as the company explores a $7 billion stake sale. Early talks have involved several...

Kuwait to Build Power and Steam Plant in Ratqa

Kuwait Petroleum Corporation (KPC) signed an MoU with the Ministry of Electricity, Water and Renewable Energy and Kuwait Oil Company (KOC) to build the...

Saudi Arabia and Kuwait Advance Divided Zone Projects

Saudi Arabia and Kuwait strengthened cooperation on major Divided Zone Projects during a meeting in Al-Khafji, Saudi Arabia, on Sunday. Furthermore, the discussions highlighted...

Kuwait Launches Oil Sector Digital Transformation to Boost Efficiency

Kuwait has officially launched a comprehensive oil digital transformation, aiming to enhance efficiency, competitiveness, and profitability. The initiative includes 24 initial digital projects, with...

Kuwaiti Experts Downplay Venezuela Oil Risks for Global Market

Kuwaiti oil experts say recent events in Venezuela are unlikely to disrupt global oil markets in the short or medium term. Even after the...

Mideast Contracts Lift Wood Regional Growth

Mideast contracts powered a strong year for Wood after the company secured more than one billion dollars in awards. The Aberdeen-based engineering and consulting...

Oil Minister Highlights Arab Energy Cooperation at OAPEC Meeting in Kuwait

OAPEC Energy Cooperation stood at the center of discussions as Arab oil ministers met in Kuwait on December 15, 2025. Arab energy cooperation and investment...
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