- AEC is the only Kuwait-based company offering a full suite of drilling and oilfield services, including: onshore drilling, workover and well services. This unique position allows the Company to leverage local knowledge, proximity to clients, and established relationships to win and retain long-term contracts.
- AEC boasts a younger and more technologically advanced fleet relative to its peers, and is well-positioned to capture a greater share of the market.
- The following strengths and competitive advantages underpin the Company’s business plan:
- Kuwait’s leading onshore drilling and oilfield services champion operating in an
industry with favourable fundamentals and multi-year visibility - Resilient business model proven across cycles
- Full-spectrum upstream capabilities supported by strategic partnerships
- Young, fit-for-purpose fleet driving efficiency, reliability, and safety
- Significant backlog providing multi-year revenue stability
- Attractive financial profile with strong cash generation
- Seasoned leadership team and institutionalised governance
- Clear strategy for disciplined growth and shareholder returns
- Kuwait’s leading onshore drilling and oilfield services champion operating in an

