Action Energy Company
Symbol Action Energy OTC Code N/A Type of Trade GCC
Date of last trade/ date of last hybrid deal:  
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Company Name Action Energy Company
Sector Services
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 25 May 2015
Company purpose - Oil well drilling.
- Services related to oil and gas extraction, excluding surveying services.
- Maintenance of oil facilities, wells, oil refineries, and petrochemicals.
- Natural gas well drilling.
- Gas injection in oil fields.
- Thermal insulation operations for the gas and oil industries.
- Supply of oil well drilling equipment.
- Lowering of casing and production pipes and related services.
- Infrastructure works for petroleum services.
- Infrastructure works for centers, oil refineries, and oil pumps.
- Infrastructure works for roads and passages for oil well drilling equipment.
- Infrastructure works for platforms of oil well drilling equipment.
- Water well drilling and maintenance.
- Trademark and patent registration.
- Soil and engineering materials testing.
- Operation of renewable and alternative energy generation stations.
- Repair and maintenance of pumps and fluid power equipment.
- Repair and maintenance of oil pipelines.
- Trademark registration agents.
- Survey and inspection of industrial and marine equipment.
- Sale of solar energy devices and equipment.
- Electrical power conversion, transmission, and distribution.
- Ownership of real estate and movable assets necessary for the company's purposes.
- Infrastructure and BBB projects.
- Project management.
- Establishment of new companies or participation in existing ones or their transformation.
- Investing financial surpluses in financial portfolios managed by specialized companies and entities.

The company may directly conduct the aforementioned activities in Kuwait and abroad, either primarily or through agency, and may engage in similar, complementary, necessary, or related activities to its stated purposes.
Company profile The company Action Energy - a Kuwaiti Shareholding Company (Closed) - was established under the name (Action Oil Well Drilling and Maintenance Company W.L.L./formerly) in accordance with the provisions of the Commercial Companies Law on May 25, 2015. The company was registered in the commercial register under number 358153.

Company Capital
The previous authorized capital of (Action Energy) was KD 55,000,000 (Fifty-five million Kuwaiti Dinars).
The current authorized capital of (Action Energy) is KD 100,000,000 (One hundred million Kuwaiti Dinars), distributed over (1,000,000,000 shares), with a nominal value of 100 Fils per share, and all shares are cash and in-kind.

The issued and paid-up capital of the company has been set at KD 37,500,000 (Thirty-seven million five hundred thousand Kuwaiti Dinars), distributed over 375,000,000 shares (Three hundred seventy-five million shares), with a nominal value of 100 Fils per share, and all shares are cash and in-kind.
- Cash capital amounts to KD 27,500,000
- In-kind capital amounts to KD 10,000,000
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform
Type of deal Private
Sharia'a compliant No
Source of Data Various documented sources
Last Updated On 24 October 2025
Location

Shuwaikh - Free Trade Zone - Building No. (4), first floor

Tel

22247500

Fax

22247534

Email Address

rawaf@actionkuwait.com

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If a company wishes to remove the available information from this website, the management of the company can do so through the provided link and by contacting Almowazi telephonically on the numbers provided on its website.

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