Kellton Tech EU and Action Energy Form Strategic Joint Venture for AI-Led Energy Transformation across GCC

Kellton Tech EU and Action Energy Form Strategic Joint Venture for AI-Led Energy Transformation across GCC​

Kellton Tech EU Limited (a Wholly Owned Subsidiary of Kellton Tech Solutions Limited 'KTSL') and Action Energy Company K.S.C.P. (AEC), Kuwait's leading partner for integrated upstream services, have formed a strategic joint venture aimed at accelerating AI-led energy transformation across the Gulf Cooperation Council (GCC) energy sector. The partnership combines Kellton’s capabilities in digital transformation with AEC’s deep industry relationships and operational expertise in the region.

The combined entity is set to modernize operations and unlock greater value for energy operators throughout the GCC.

Joint Venture Structure and Scope​

The joint venture details outline a collaboration focused on both Oil & Gas and Information Technology services across the GCC nations.


The JV leverages the Subsidiary’s operational expertise in artificial intelligence, digital engineering, cloud, and data alongside AEC’s established industry relationships. A central focus of the partnership is the regional deployment of OPTIMA, Kellton's proprietary digital oilfield platform, designed for workflow automation, asset performance optimization, and AI-driven decision-making.

Expanding into GCC Markets​

Beyond immediate opportunities in Kuwait, the joint venture plans to expand its presence across the region. The plan includes establishing a new office in Doha, Qatar, as an early step toward growing within the broader GCC market, which encompasses Saudi Arabia, the UAE, and Oman.

Action Energy Company is positioned to address the significant need for digitalization in the energy sector, noting that the addressable market for oil and gas digitalization across the GCC exceeds US$1 billion annually. The company aims to capture at least 5% of this market over time through its JV activities.

Expert Perspectives on Industry Modernization​

Krishna Chintam, Director at Kellton Tech EU Limited, emphasized that the GCC is rapidly emerging as a major market for AI and enterprise transformation. He stated that the joint venture pairs local market strength with global technology expertise to enable organizations to transform at scale. "We are delighted to partner with Action Energy Company to bring these capabilities to market at scale," Chintam noted, adding that they look forward to helping operators across the region unlock new opportunities for growth and efficiency.

Ivan Chikunov, General Manager of Services & BD at Action Energy Company, explained that this JV advances AEC’s strategy to digitally modernize field operations. He highlighted that by combining AEC's operational footprint with the Subsidiary's advanced AI capabilities, the partnership is well-positioned to deliver intelligent, data-driven solutions and support the modernization of the GCC energy sector.

KELLTONTEC Stock Price Movement​

Kellton Tech Solutions Limited shares settled today after slipping by 1.28% to close at ₹15.30, having shed ₹0.20 from its previous closing price. The stock completed trading on a volume of 998,260 shares.