Kuwait Drilling Company

Name

Kuwait Drilling Company

Legal name

Kuwait Drilling CO. K.S.C.C.

Website

https://kdckwt.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Oil and Gas Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Oil and Gas Operations (213112), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN)

Keywords

• Oil and gas drilling
• Well workover services
• Directional drilling services
• BHA rental services
• Fishing services

Headquarters

HQ city

Ahmadi

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Drilling & Workover Services: Primary revenue stream from drilling and workover operations using company-owned drilling rigs (1500-3000 HP) and workover rigs (750-1500 HP). Services provided for development and deep exploratory wells in Kuwait and GCC region.
2. BHA Rental Services: Rental of Bottom Hole Assembly tools including stabilizers, drill collars, drilling jars, and shock subs for drilling operations.
3. Fishing Services: Specialized fishing services for removing wellbore obstructions including fishing, milling, cutting, and specialty tools.
4. Tubular Running Services: Casing and tubing running services with torque monitoring, pick-up/laydown, hammering, bucking services, and thread washing.
5. Directional Drilling Services: Expert directional drilling services using LWD and MWD technologies, rotary steerable systems, and real-time data transmission.
6. Manpower Supply Services: Supply of skilled manpower for oil and gas drilling operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Kuwait Drilling Company provides land drilling and workover services for oil and gas exploration and production, operating drilling rigs of 1500–3000 HP and workover rigs of 750–1500 HP. The company also delivers directional drilling, BHA rental, fishing, tubular running, water well drilling, and manpower supply services for oil and gas operators primarily in Kuwait and the broader Middle East region.

Product overview

Kuwait Drilling CO. K.S.C.C. is Kuwait's premier Oil and Gas drilling company offering a comprehensive portfolio of drilling services. The core offering includes Drilling & Workover services (with rigs ranging from 1500-3000 HP for drilling and 750-1500 HP for workover), Directional Drilling (with advanced LWD/MWD technologies, Rotary Steerable Systems, and real-time data transmission), and Fishing Services. The company also provides specialized BHA Rental tools (stabilizers, drill collars, drilling jars, shock subs) and Tubular Running Services (casing/tubing running, torque monitoring). Supporting services include Water Well Support and Manpower Services. The portfolio is unified under the company's 60+ years of hydrocarbons industry experience and HSE commitment.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 9 million average man-hours per year in field operations
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

One partnership is on record.

• Schlumberger (SLB)coreStrategic or Co-development Partner · 1 January 2016Strategic collaboration for IDS (Integrated Drilling Services) wells. KDC and Schlumberger jointly drilled 31 IDS wells during 2016-2018, combining KDC's operational expertise with Schlumberger's technology capabilities.

Scale indicators6 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• Arabian Drilling Company: Saudi Arabia-based land and offshore drilling contractor operating a modern rig fleet for national and international oil companies. Directly comparable to KDC as a GCC-focused drilling services peer with similar rig HP ratings, regional customer base (Saudi Aramco analogous to KOC), and modern fleet positioning.
• ADES Group: Egypt-based offshore and onshore drilling contractor with a sizeable rig fleet serving MENA customers including Saudi Aramco. Comparable to KDC as a regional drilling services operator expanding from a home base into adjacent MENA geographies and competing for the same national oil company contracts.
• Arab Drilling & Workover Company (ADWOC): Libya-based drilling and workover contractor that has historically operated rigs in Libya and other MENA markets. Directly comparable to KDC, which has operated in Libya since 2008 and whose Technical Manager previously served as ADWOC's Operations Manager.
• Gulf Drilling International (GDI): Qatar-based offshore jack-up drilling contractor serving QatarEnergy and regional operators. Comparable to KDC as a GCC-headquartered drilling services company with national-oil-company ownership backing and a focus on regional jack-up and land drilling demand.

Broad incumbents

• Schlumberger (SLB): Global oilfield services incumbent and KDC's strategic IDS partner since 2016. Comparable as a broad-based OFS incumbent whose drilling-related technologies and integrated services shape the competitive landscape in which KDC operates, even though SLB is not a direct rig-services competitor.
• Halliburton: Global oilfield services major offering drilling, evaluation, and completion services worldwide. Comparable as a broad incumbent whose directional drilling, LWD/MWD, and integrated services compete with KDC's proprietary technology stack for technology scope on regional tenders.
• Baker Hughes: Global oilfield services and equipment company with strong Middle East presence across drilling, completions, and production. Comparable as a broad incumbent whose directional drilling portfolio (including RSS systems) competes head-to-head with KDC's Push the BIT RSS.
• Weatherford International: Global oilfield services provider with established Kuwait operations (where KDC's directional marketing lead previously worked). Comparable as a broad incumbent offering directional drilling and downhole tools that overlap with KDC's service portfolio.

Regional players

• MB Petroleum Services: UAE-based drilling and oilfield services contractor serving Middle East and North Africa operators. Comparable as a regional drilling services peer competing for MENA contracts outside Kuwait, though MB Petroleum focuses more heavily on UAE and North Africa.

Emerging players

• Sinopec Oilfield Service: China-headquartered integrated oilfield services provider expanding its Middle East footprint. Comparable as an emerging international OFS player competing for regional drilling and workover contracts alongside KDC in MENA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kdckwt
• Facebookfacebook.com/kuwaitdrillingcompany

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kuwait Drilling Company