Kuwait's Action Energy Backs National Oil Companies Amid Regional Challenges, Eyes 2035 Production Targets

## Kuwait Energy Sector Eyes Long-Term Growth as National Oil Companies Prove Resilience Kuwait's Action Energy Company K.S.C.P. has publicly endorsed the capability of the country's national oil companies to navigate ongoing regional challenges, with senior leadership reaffirming commitment to Kuwait's 2035 hydrocarbon production growth strategy. Eng. Rawaf Bourisli, Vice Chairman of Action Energy Company — listed on Bloomberg as ALFTAQA KK and on Reuters as ALFTAQA.KW — made the remarks during separate appearances on CNBC TV and Bloomberg TV, according to a PR Newswire release dated August 12, 2026. 'National oil companies have demonstrated strong capability in navigating regional challenges,' Bourisli stated, signalling confidence in Kuwait's state-linked energy infrastructure at a time when Gulf producers continue to manage complex geopolitical and market dynamics. ### Strategic Significance for Maritime Energy Supply Chains Kuwait remains a significant node in global energy supply chains, with crude oil exports flowing through the Arabian Gulf representing a critical component of tanker trade routes serving Asian and European markets. Any sustained growth in Kuwaiti production capacity by 2035 would have downstream implications for crude tanker demand, port throughput at key Gulf terminals, and regional bunkering activity. Action Energy Company's public alignment with national production targets suggests the private sector is positioning itself to participate in — and benefit from — the infrastructure and service contracts that large-scale upstream expansion typically generates. ### Regional Context Kuwait's 2035 production ambitions are part of a broader Gulf Cooperation Council (GCC) trend, with Saudi Arabia, the UAE, and Iraq all pursuing capacity expansion programmes. For maritime operators, increased Gulf output translates to heightened vessel activity, greater demand for offshore support services, and potential investment in export terminal upgrades. The statements from Action Energy's leadership come as energy markets continue to assess long-term demand trajectories alongside the global energy transition, making clear declarations of support for conventional production growth noteworthy for industry observers. Action Energy Company K.S.C.P. is a Kuwait-listed energy services and investment firm operating across the regional hydrocarbon sector.