Browsing Tag
Kuwait Oil Company
12 posts
Hunting (LSE: HTG) trims EBITDA guidance after Kuwait tender delay
A delayed Kuwait Oil Company tender has pushed Hunting’s 2026 EBITDA guidance below its previous range, overshadowing strong subsea orders and a higher interim dividend.
Action Energy (ALFTAQA) just doubled profit. Can seven new rigs turn a $1.1bn backlog into the next growth leg?
Action Energy Company delivered KWD4.4 million of first-half net profit as revenue climbed to KWD18.1 million and contracted backlog reached KWD349 million. With seven additional rigs and several oilfield-service platforms now being mobilised, the bigger question is whether the Kuwaiti drilling group can convert that visibility into another growth leg without giving back its post-IPO balance-sheet improvement.
KKR has its largest infrastructure fund yet: Where could $19.2bn go next?
KKR’s fifth flagship global infrastructure fund is about 13% larger than its predecessor, expanding the investment firm’s capacity across energy, digital networks, transport and essential services.
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
SLB (NYSE: SLB) Q2 revenue rises 5% as ChampionX offsets Middle East decline
SLB beat Q2 estimates on $8.97B revenue, but ex-ChampionX sales fell 5% as Middle East disruption bit and Data Center Solutions revenue accelerated 63%.
MAN Industries (NSE: MANINDS) acquires Saudi Arabia’s National Pipe Company in $102m Gulf expansion
MAN Industries has bought Saudi capacity below book value. Can the Gulf bet turn MANINDS into a bigger pipeline infrastructure play?
European oil majors abandon unified energy transition framework as TotalEnergies, Shell, BP, Eni and Equinor pursue different paths
TotalEnergies hikes dividends. Shell buys back stock. BP retreats from transition. Eni engineers sell-downs. Equinor exits wind. Same oil price, five answers.
TotalEnergies Q1 2026 earnings beat: Adjusted net income jumps 29% to $5.4bn as Patrick Pouyanne lifts dividend 5.9% despite Middle East shutdowns
TotalEnergies posted $5.4B adjusted net income but lost 15% of production to Middle East shutdowns. Pouyanne's dividend hike answers a different question entirely.
SLB Q1 2026 revenue rises 3% as ChampionX offsets international slowdown
SLB’s revenue grew, but margins cracked under Middle East disruption. ChampionX and AI now carry more of the recovery story.
KBR to transform Kuwait’s energy future with massive 17GW renewables and 25GW green hydrogen deal
KBR, Inc. (NYSE: KBR) has been awarded a significant advisory consulting contract by Kuwait Oil Company for the…