• AEC operates through two main business segments:
    • Drilling services: Comprehensive onshore drilling and workover services for development and maintenance programs, supported by a modern, high- utilization fleet.
    • Oilfield services: providing well lifecycle support through a combination of in-house
    • capabilities and strategic technical partnerships. Oilfield services include electric submersible pumps, slickline, once-through steam generator (OTSG) services, tubular inspection, cementing, mobile equipment inspection, directional drilling, and workshop capabilities, amongst others.
  • AEC operates a fleet of twenty onshore drilling and workover rigs with horsepower capacities ranging from 550 to 3000 HP with a total installed capacity of 20,600 HP, as of 31 December 2025. As of 2025, the fleet is 100% contracted and fully operational, with an average age of 2.07 years compared to the Kuwait market average of approximately 15.9 years.