• AEC is one of Kuwait’s leading onshore drilling, workover, and oilfield services companies.
  • Since commencing operations with two rigs in 2016, the Company has expanded its fleet tenfold and progressively added oilfield services to its offerings, making AEC the only local company with operations and capabilities across drilling, workover and oilfield services, establishing itself as a local champion.
  • This development reflects AEC’s long-term strategy to evolve from a drilling contractor into a full-cycle well solutions provider. The platform combines local operating experience with international technology partnerships, including JVs with established global oilfield service providers, enabling efficient and competitive execution. The majority of AEC’s fleet has been delivered or refurbished since 2023, providing a modern asset base with one of the youngest fleets in Kuwait (average rig age of 2.07 years) and a 30-year operating horizon.