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Action Energy secures KWD 40.9 million in credit facilities for rig fleet expansion in Kuwait
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Action Energy secures KWD 40.9 million in credit facilities for rig fleet expansion in Kuwait
KUWAIT CITY, June 15, 2026 /PRNewswire/ -- Action Energy Company K.S.C.P. (Bloomberg: ALFTAQA KK, Reuters: ALFTAQA.KW), Kuwait's leading local partner for integrated upstream services and owner and operator of one of the youngest rig fleets in the region, announced on May 16 that it has secured a new credit facility and renewed and expanded an existing facility, from two local banks with a combined value of KWD 40.9 million, to support its upstr…
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