Action Energy and Kellton Launch AI Venture for GCC Oil Sector

The new venture grants Action Energy a 51% majority stake, with Kellton holding the remaining 49%. Under an initial five-year agreement, the entities will deploy Kellton’s proprietary OPTIMA platform, designed to provide real-time asset optimization and data-driven field operations. Beyond digital oilfield solutions, the venture will offer enterprise software, cybersecurity, and cloud computing services to broader industrial clients.

Operations will center on leveraging Action Energy’s established relationship with the Kuwait Oil Company to refine field efficiency. The partners intend to expand their footprint from Kuwait to Doha, with long-term growth plans targeting the broader markets of Saudi Arabia, the UAE, and Oman. Ivan Chikunov, General Manager of Services and Business Development at Action Energy, noted that the company aims to capture a 5% share of the estimated US$1 billion annual GCC oil and gas digitalization market. Kellton Managing Director Krishna Chintam emphasized that the collaboration is positioned to help regional enterprises scale AI adoption and achieve measurable operational outcomes.