About Us
Welcome To The Energy House Holding Company
The Energy House Holding Company K.S.C.P. (Energy House) - previously named AREF Energy Holding Company- was formed in September 2007 as a subsidiary of AREF Investment Group (AIG). On 29 December 2011, AIG sold 29% equity interest in Energy House to Development Enterprise Holding Company K.S.C. (Closed) (DEH), subsidiary of Kuwait Finance House KFH. On August 2012 DEH acquired additional 66.76% equity interest in Energy House from AIG and Others, in accordance with Capital Market Authority (CMA) Law No. 7 of 2010 and its Executive Regulations.
Our Vision
To become the leading energy investment holding company in the region with a strong business identity, with distinctive high performing assets, an environmentally friendly conscience, with high quality, competent personnel, in order to maximize stakeholder’s returns and capital value.
Our Mission
-
To manage investments in the energy sector including hydrocarbons, power and other related energy sources, services, equipment and technologies in the MENA region and globally.
-
Create a strong business identity by providing strategic guidance to our subsidiaries and affiliates for capacity building and growth, while meeting international standards of excellence in all aspects of business operations, processes and ethics.
-
Multiply our stakeholders’ satisfaction by generating wealth and adding value, embracing an environment-friendly culture and training employees for quality output, growth and innovative contribution.
Our Values
We adhere to a clear set of values that will drive our operating principles and business ambitions, which are fundamental to the way we work.
Board & Management
-
Mr. Abdulrazzaq A. Al-Roomi
Chairman
-
Mr. Ahmd A. Al-Nafisi
Vice Chairman
-
Mr. Nasser A. S. Al-Shaya
Board Member
-
Dr. Yasser A. Al-Kulaib
Board Member
-
Mr. Abdullah N. AlBader
Board Member
Mr. Abdulrazzaq A. Al-Roomi
Chairman
Mr. Abdulrazzaq Al-Roomi has more than 12 years of experience in banking, in particular contracts, liabilities and Islamic banking. holds many certificates in various fields of law, in particular corporate law, governance, capital markets authority law and tax compliance law, in addition to many professional certificates in the field of arbitration, management, training, regulatory compliance, auditing and risks.
currently holding the position of Senior Legal Adviser and Executive Director in the Legal Group at Kuwait Finance House since 2009.
Representative in various boards of directors, including Yiaco Medical Company, International Turnkey Systems Co., and Higleig Petroleum Services & Investment Co. in Sudan.
A member of the Kuwaiti Lawyers Association and a registered lawyer in the Supreme Constitutional and Cassation Court in the State of Kuwait, practiced law by joining work in several law firms in the State of Kuwait.
Member of the Legal Advisors Committee in the Kuwait Banking Association.
Member of the Legal Advisors Committee at the Institute of Banking Studies.
Member of the Office of the study due diligence process’s acquisition of Kuwait Finance House, Ahli United Bank.
Member of Integration Office of the acquisition of the Kuwait Finance House, Ahli United Bank.
Mr. Al-Roomi holds a Bachelor of Laws with a grade of “Very Good” from Kuwait University.
Mr. Ahmd A. Al-Nafisi
Vice Chairman
Mr. Ahmed Al-Nafisi has more than 15 years of experience in financial services, and he specializes in the field of investment and private equity.
Al-Nafisi has held several positions in investment companies and leading banks in Kuwait. Al-Nafisi has long-standing experience in sourcing, structuring and evaluating investment opportunities. He represented many of the leading investment firms across the GCC in his capacity as Board Member.
He is currently the Vice President of Private Equity & Direct Investment Department. In KFH Capital Investment Company.
He is also currently a member of the boards of directors of several companies, including in Kuwait Energy House Holding Company, ALAFCO Aviation lease & Finance Company KSCP, Munshaat Real Estate Projects Company KSCP, and Sokouk Holding company KSCP.
United Compounding Industrial Company “UCIC” in the Kingdom of Saudi Arabia, IBDAR Capital BSC and Turkapital Holding Company in the Kingdom of Bahrain.
Mr. Alnafisi holds bachelor’s degree in International Business from Gulf University for Science and Technology (GUST).
Mr. Nasser A. S. Al-Shaya
Board Member
Mr. Nasser Alshaya is a finance professional with over 14 years of corporate and structured finance experience with a focus on developing, structuring, and funding structured financing transactions including bilateral loans, project financing and syndication space.
He currently heads the Project Finance & Syndication unit within the Group Corporate Banking division at Kuwait Finance House, whilst earlier holding various senior positions at Kuwait Finance House Group including serving as a member of the Board of Directors of Saudi Kuwaiti Finance House.
Mr. Alshaya holds a bachelor’s degree in finance and Accounting as well as a Master of Arts in International Administration, both from The University of Miami.
Dr. Yasser A. Al-Kulaib
Board Member
Mr. Al-Kulaib has over 25 years of professional experience in the finance and economic sector, and business administrative Sciences.
Mr. Al-Kulaib held a various position over the years in both private sector and academic sector in Kuwait University.
Member since 2005 and until present as faculty of department of finance and financial institutions in College of Business Administrative – Kuwait University.
He is also author of many papers in the field of finance and banking in addition to many memberships in the committees in the College of Business Administrative – Kuwait University, and consulting experience in the private and public sector. Mr. Al-Kulaib holds a bachelor’s degree in Finance and Banking from Kuwait University and Master (MBA) in Business Administration – Finance from Middle Tennessee State University – USA, in addition, a Ph.D. in Business Administration – Finance from Old Dominion University – USA.
Mr. Abdullah N. AlBader
Board Member
Currently Senior officer – Private Equity & Direct Investment in KFH Capital.
Board Member of Development Enterprises Holding Company K.S.C.C (DEH)
Mr. AlBader holds a Bachelor of Business Administration – Finance from the University of San Diego,USA
Eng. Hamad A. AlQahtani
Chief Executive Officer
Mr. AlQahtani has over 21 years of professional experience in the oil and gas sector, investments, restructuring, planning, and business development.
He held a various position for over the years at Kuwait Projects Company (KPICO Group Holding) subsidiaries started as Project Development Manager at United Oil Projects, VP Business Development and Marketing at Soor Fuel Marketing Company and Deputy CEO for planning and Development at Kuwait Hotels Company.
After that, he held a position of CEO at Invita Kuwait for Information Technology (subsidiary of NTEC owned by KIA).
Mr. Al-Qahtani is currently Board member in several companies.
Mr. AlQahtani holds a Bachelor’s Degree in Mechanical Engineering from Catholic University of America, Washington D.C. and an MBA from Kuwait Maastricht Business School.
Mr. Tareq Al Haddad
Group Chief Financial Officer
Mr. Tarek Al-Haddad has over 25 years of professional experience in financial control, accounting, auditing, financial consulting, and risk management, including more than 17 years as a Group CFO for publicly listed companies on the Kuwait Boursa and within Kuwait Finance House (KFH) Group , the region’s leading Islamic bank.
His experience includes serving as Group CFO of The Energy House Holding Co. (oil & gas sector), which has been operating across the GCC, the USA, Africa, and Central Asia since 2021, as well as its parent company, Development Enterprise Holding Co. He also held the Group CFO position at Al Enmaa Real Estate Co., the real estate arm of KFH, overseeing its diverse activities.
Additionally, he has served as Financial Consultant for several prestigious companies in Kuwait. Since 2023 till present, he has been a Board Member of Nordic Energy – Dubai.
He holds a bachelor’s degree from Faculty of commerce – Mansoura University. He is a Certified Investments & Derivatives Auditor ( CIDA ) – USA and he holds the Certification in Risk Management Assurance ( CRMA ) – USA.
Investments
Higleig Petroleum Services and Investment Company ("HPSIC")
Established: 1997
Energy House Shareholding: 64%
HPSIC is a Sudanese company working in EPC, civil/infrastructure and the oil & gas industries in Sudan, South Sudan and Iraq. They are also qualified and capable of oil drilling and oil & gas plant construction.
HPSIC has the advantage of a large scale operation and asset base, combined with long operational experience in North Africa, which earned them a leading position as a preferred contractor for government projects.
Synfuels International (“Synfuels”)
Established: 1998
Energy House Shareholding: 25%
Including exclusive marketing rights for the Arabian Gulf, MENA, FSU and Indian Sub-continent regions
U.S. based Synfuels is the developer of a revolutionary patented Gas-To-Liquid (GTL) technology, based on the ECLAIRS process. The ECLAIRS process has significant advantages over the Fischer-Tropsch process and conventional technology in terms of capital and process costs, product throughput, yields and quality.
Their competitive advantage is the economic benefits of this technology combined with ease of implementation makes it the perfect choice for oil and gas producers with stranded gas flaring to capture lost revenue while reducing carbon emissions. Additionally, their technology is ideal in utilizing low value gas (including ethane) and converting to higher value liquids.
Nordic Energy FZE (“Nordic”)
Established: 2006
Energy House Shareholding: 92.5%
Nordic is a snubbing & work-over, coiled tubing and well intervention company, based and operating in the United Arab Emirates.
Since inception, Nordic has strategically grown from a small well services company to a company with a fleet of sophisticated thru-tubing tools, coiled tubing units and advanced snubbing & work over units.
To better supply the customers with oilfield servicing solutions, the company also offer specialized fishing tools, thru-tubing cutting systems, and scale removal systems to its services. With its unique expertise, Nordic also provides support to drilling operations by supplying equipment and personnel on many well service operations within the oil and gas industry, that sets Nordic apart from any other company in the Middle East region.
The company is currently active in Turkmenistan, Oman and Saudi Arabia.
Al-Taqa Fund
In 2012, Energy House invested in the Al-Taqa Fund L.P. (a Sharia compliant parallel fund) through AREF Energy International Limited (a 100% subsidiary of Energy House and an exempted company incorporated in the Cayman Islands with limited liability). Kerogen capital is an independent private equity fund adviser established in 2007. It manages the Kerogen Energy Fund L.P. (and the parallel Sharia compliant Al-Taqa Fund L.P.), collectively a USD 1 Billion Fund, which specializes in providing growth and development capital to small and medium- size companies in the oil and gas sector. Kerogen Capital is based in Hong Kong with a presence in London. Kerogen Capital focuses on investments in international emerging basins, particularly those with a nexus to Asian demand and investment flows. It also invests selectively in unconventional oil and gas projects. The Kerogen team is comprised of oil and gas industry experts with technical, operational and private equity management experiences, in addition to an extensive strategic network.
www.kerogencap.com
Saudi Makamin Company for Oil and Gas Services (“Makamin”)
Established: 2008
Energy House Shareholding: 10%
Saudi Makamin provides diverse services to the oil and gas sector in the Kingdom of Saudi Arabia and abroad including work-over and deep-water drilling, non-destructive testing services, fabrication of pipelines, site preparation, geophysical and geological studies. In addition to that, the company offers other services involving advanced-technologies throughout its investments and alliances with international partners including i-fields and SCADA services, manufacturing and supply of wireline tools (PNLs) and passive seismic.
Over the past few years, the company demonstrated great ability to undertake operational contracts with high success rates in its bidding activities with major oil and gas companies in the region, including Saudi Aramco. Makamin also took great steps in creating successful international alliances.
Makamin is progressing rapidly to increase its market share in the Kingdom of Saudi Arabia and implement more operational projects in the region through its distinctive business development and marketing teams who are closely monitoring the market to capture lucrative business opportunities in order to maintain and grow the company’s profits and overall financial performance.
Oil Field Instrumentation (India) Limited (“OFIL”)
Established: 1992
Energy House Shareholding: Indirect ownership of 12.9% (36.36% of the Special Purpose Vehicle/Fund "Kitara-OFIL" holding 35.49% of OFIL)
OFIL provides mud logging services to corporate establishments that are engaged in oil well drilling, exploration and development, including deep water and coal bed methane (CBM).
The Company manufactures its own proprietary mud logging units (MLUs) and also provides rig instrumentation and services for accurate, reliable and globally accessible online - real time drilling data using pressure indicators, diaphragms, driller consoles, recorders, etc. The Company also provides real time gas evaluation systems consisting of FID/TCD gas chromatograph (GC) with sensitivity in PPM. The Company currently operates in India and other parts of the MENA region.
OFIL is the market leader in Mud Logging in India with a 45% market share. The Company has an installed capacity of 40 MLUs and has monitored more than 2,500 wells in offshore and onshore locations.
The company has an in-house software development team for development and upgrading its mud logging software. Further, it has a pool of more than 300 well qualified and trained professionals, including data engineers, mud loggers, service engineers, computer experts, software professionals and engineers.
Investor Relations
Corporate Governannce
Corporate Governance
Energy House Holding Company is committed to generating standards of governance to ensure the achievement of company strategic objectives and keep the shareholders and stakeholders rights in line with the fifteenth book of the executive regulations of the Capital Markets Authority in the State of Kuwait.
The key objectives of corporate governance and oversight is achieving transparency and credibility, the ability handle crises and enhance administrative efficiency and to enhance management efficiency, thereby achieving protection for the shareholders.
In addition, these regulations emphasize the importance of adhering to the provisions of the law, ensure the financial performance review and the existence of administrative structures, reinforce control and audit procedures, raise the level of responsibilities, promote fairness and transparency and eliminate conflicts of interest.
Board of Directors and Committees:
The role of the Board is reflected in the representation of the company’s shareholders and take responsibility of the company’s management through the application of an effective governance system, and have a board of directors supervisory role through his leadership and control company business, as for the company daily operations, it is handled and managed by the executive management.
The general framework of the principles of corporate governance in the company is based on the independence of the Board of Directors and the segregation of the role of the supervisory board and the executive management. Therefore, the company has formed a number of committees that work on the follow-up the activation of corporate governance regulations and enhance the level of transparency and integrity in their operations, including:
The Audit Committee
The Audit Committee is primarily responsible for assisting the Board in performing its responsibilities regarding the integrity of the financial statements, the performance of the external auditors, and monitoring the internal audit function, business practices and ethical standards of the Company in a manner consistent with the applicable regulatory requirements.
The Risk Committee
The Risk Committee is working to assist the Board in the performance of its responsibilities in the supervision of the existing and future risk situations as well as its role in determining the risk tendency of the company and to identify methods and mechanisms to mitigate risks along with the regulatory requirements applicable in this regard.
The Nomination and Remuneration Committee
The primary role of the Nomination and Remuneration Committee is the selection and giving recommendation to the Board of Directors about nomination for new membership of the Board and its committees and executive management with candidates are able to strengthen the Board and executive management ability to manage and guide the company’s businesses effectively. Besides its role in the development of a clear policy for granting of bonuses and compensation that would establish the principle of belonging to the company and motivate employees to work to achieve the company’s goals.
Transparency and Disclosure of information
The company is committed to disclose the exact integrated information to shareholders within the framework of transparency. The company guarantees the application of integrated practices and procedures for disclosure of information, since transparency creates the atmosphere of trust and confidence internally and externally.
Code of Ethics
The company seeks to apply the highest standards in the values of professional ethics conduct which are based on a number of bases and major props, also the company expects from their employees and all its representative to act in accordance with the highest personal integrity and professional standards in all activities and comply with the laws and regulations as well as the company’s policies.
Those bases has been developed through a system of policies and procedures, which include:
Code of Ethics
Organize the transactions with related parties
Organization of conflict of interest
Protecting the stakeholders rights
Shareholders Right
Click Here
The complaints and whistleblowing Unit
In case of any complaint, kindly hand over all related supporting documents followed either of the following ways:
By hand to the company’s headquarters located at the Al-Enmaa Tower, 14th Floor, Abdullah Al-Mubarak Street, Kuwait City.
By regular mail to the following address: PO Box 21909 Safat 13080 Kuwait.
By e-mail: whistleblowing@wp-mtc.xyz
Disclosure & News
-
Energy House Holding announces the discovery of natural gas quantities in DeWitt County – Texas, within the project that is 50% owned by Energy House and the balance by U.S. partners.
16/12/2008
Energy House Holding announces the discovery of natural gas quantities in DeWitt County – Texas, within the project that is 50% owned by Energy House and the balance by U.S. partners “WEBER ENERGY & GEO SOUTHERN”.
It should be noted that “Halliburton” was selected by the partners to carry the initial drilling activities, and coring. “Core Labs” which is a company listed in the stock market and one of the most renowned laboratories in upstream field- analyzed core samples from exploratory wells and reported the discovery of hydrocarbons in the cores.
The Corelabs report showed an estimated natural gas reserve of nearly 19 trillion cubic feet. When taking into consideration a recovery factor of 25%, the volume of gas available for production might be estimated at 4.75 trillion cubic feet, If fully developed and produced.
Weber Energy is currently taking preliminary steps to commence gas production operations from the first two wells and will use Halliburton or Shlumberger expertise for the fracturing process. Accordingly, actual production is expected to begin in the first quarter of 2009. Within the same concession, other layers are being evaluated for possible containment of gas reserves are also evaluating other layers containing for gas reserves.
It’s worth mentioning that on 21 October 2008, PETROHAWK Energy CP (NYSE: HK) announced the start-up of actual daily production of 9 million cubic feet of free gas from their first well out of “Eagle Ford Shale” geological layer, and 13 Million Cubic feet of daily production from their second well. Such announcement would reinforce our positive outlook on our gas project which would have similar characteristics.
Such achievements will have positive and significant contribution on Energy House financial results for the coming years.
-
Energy House Holding Co. announced that its Board met on Thursday 6 November 08
09/11/2008
Energy House Holding Co. announced that its Board met on Thursday 6 November 08 to endorse the financial statement for the period ended in 30 September 2008 as the following:
Current Period:
Net profit included unreleased gain: 5,400,000 KWD
Difference Period :
-
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 September 2008.
05/11/2008
Energy House Board meets on Thursday, November 6, 2008, to discuss & authorized the financial statement for the period from 1 July 2008 to 30 September 2008.
-
Energy House Visit to Sudan Projects
22/10/2008
A delegation from Energy House Holding headed by the Chief Executive Officer Mr. Tareq Al Wazzan, along with the Board of Directors of Higleig Petroleum Services & Investment Co. Ltd., a subsidiary of Energy House Holding Co., visited the project “Molita FPF” site in Aadariel region where the delegation viewed the progress in the “oil field station” and “Power plant” projects, the delegation visited “the over head power lines” project and road Aadar – Falj – Melut.
-
Energy House Holding Co. announced that its Board met on Wednesday 6 August 08
10/08/2008
Last trade price 110 Change 0 Last Updated on 15:12:49 Announcement on Financial Statement for the period ended 30 June 08 Energy House Holding Co. announced that its Board met on Wednesday 6 August 08 in order to endorse the financial statement for the period ended in 30 June 2008 as the following:
Current Period:
Net profit included unrealized gain: 8,100,000 KWD
Difference Period :
-
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 June 2008.
05/08/2008
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 June 2008
-
Energy House Holding Co. sponsored a special contest for the students of Gulf University of Science & Technology.
27/05/2008
Energy House Holding Co. sponsored a special contest for the students of Gulf University of Science & Technology. The contest theme was about a search on Gulf private investment companies specified in the energy fields. Energy House collaborated with University administration to announce the contest, organize the registration process and announce the results.
Based on Energy House evaluation of applicantsâ€┢ work, student/Mubarak Al-Subaie was announced the winner, due to his excellent results in the contest research. Accordingly, Energy House in collaboration with GUST organized a ceremony on 07 may 2008 at University premises in West Mushref in presence of Mr. Tareq Al-Wazzan – CEO of Energy House and Mr. Ghanem Abdullatif Al-Gharablli – General Director of academic education & Technical & also the Administrative & Financial Director in Gulf University of Science.
The contest initiative came in line with Energy House efforts to support local students and encourage them for quality researches.
You can visit this link http://www.alqabas.com.kw/Final/NewspaperWebsite/NewspaperPublic/ArticlePage.aspx?ArticleID=391361
to read the article from Al-Qabbas newspaper.
-
Energy House Holding Company held a press conference at Sheraton Kuwait on January 23 2008
02/03/2008
Energy House Holding Company held a press conference at Sheraton Kuwait on January 23 2008, to declare the signature of two partnerships with the U.S. based companies; SynFuels and GeoGas that are specialized in the energy sector.
Deputy Managing Director of AREF Investment Group (AIG), Mr. Ebrahim Al-Khuzam said in a welcome speech, that Energy House Holding was established in September 2007 as a subsidiary of AIG, adding that the company spearheads the achievement of AIG goals within the investment in the energy field. This goes in line with Groupâ€┢s strategy to build an integrated investment conglomerate through financial management of a number of holding companies. AIG is considered as a stable, long-term and one of the leading investment institutions in the region.
Mr. Al-Khuzam talked on the global perspective of energy saying: â€ŔMan has been always searching for energy resources to fulfill the increasing human needs for fuel that is required to run industries, transportation means, and power generation. Accordingly, the availability of energy resources will boost the world economy and nationsâ€┢ developmentâ€Â.
â€ŔMr. Al-Khuzam expressed his confidence that Energy House will play an important role in the energy investment and people development locally, regionally and internationally.
It is worth mentioning that Energy House is about to increase its capital to KD 75 million. Such increase comes in an important phase that the company will undergo to evaluate a number of acquisition, investments and strategic alliances with pioneering partners to enhance its existing operating base and capabilities and move ahead in the value-adding path within the regional and international energy arena. Such strategic direction would achieve viable annual returns to shareholders and add value to the company throughout the coming years.
For his part, Mr. Tareq Al-Wazzan –Chief Executive Officer of Energy House- revealed that the company has recently concluded the acquisition procedures of 10% share in the Saudi oil and gas services company â€ŔMakaminâ€Â. The company was keen on attracting partners from Saudi Arabia and the Gulf to achieve its vision of building one of the most important oil services companies worldwide.
Mr. Al-Wazzan also indicated that his company has recently acquired 25% shares in SynFuels International with exclusive marketing rights in the Gulf, MENA, FSU and Indian Sub-Continent. He also mentioned that his company has also acquired 50% of GeoGas project, an exploration and production concession for oil and gas in 75,000 acres of land in Dewitt County- Texas. Where the company has put up a future business strategy and started its implementation.
CEO of Energy House revealed that the company is developing some final recommendations concerning a number of strategic projects which would be announced in due course. This would achieve companyâ€┢s strategy for the energy supply chain integration, focusing on promising opportunities with operating and value adding nature. This should go in line with companyâ€┢s policy with respect to risk management and geographical diversification between emerging and maturing markets.
Mr. Al-Wazzan indicated that the company invests in the energy business globally including oil and gas (exploration, production, refining, marketing and petrochemicals), power generation, energy related services and new technologies and patents.
He also added that the company mission is to: â€ŔManage our business towards creating an unshakeable business identity by providing leadership and management support to our subsidiaries and affiliates for capacity building and growth, while meeting international standards of excellence in all aspects of business operations and processes and cultivating elevated standards of business ethics. We will multiply our stakeholdersâ€┢ satisfaction by generating wealth and adding value, motivating and training employees for quality output, growth and innovation, and embracing environment-friendly cultureâ€Â.
He stated that companyâ€┢s vision is to become the leading integrated energy investment holding company in the region with strong business identity, distinctive high performing assets and an environmentally friendly conscience accomplished through our quality and competent staff, in order to maximize stakeholderâ€┢s return and capital value.
Mr. Ben Weber –one of the major owners of SynFuels and an investor in GeoGas- talked about the project as an oil and gas drilling and production concession in DeWitt County of Texas, USA.
It is worth mentioning that all seismic and geological surveys have been completed and drilling has started in late December 2007. Initial exploration activities in the area indicated significant reserve volume of oil and gas that would be fully exploited to generate viable returns to shareholders.
Mr. Weber said that in order to fully capitalize on the reserves potential, GeoGas has commissioned a world renowned company to conduct drilling and production operations. Based on estimated reserve base, GeoGas is expected to produce significant volumes of gas. According to prevailing and expected oil and gas prices, the project will achieve high returns within a short period of time. Surrounding land plots are operated by major oil companies and are producing gas and condensate.
Mr. Tom Rolfe –President of SynFuels International- mentioned that the U.S based company registered a revolutionary patented Gas-To-Liquid (GTL) technology. SynFuelsâ€┢ technology is based on the ECLIARS process, which has significant advantage over the Fischer-Tropsch GTL process in terms of capital, process costs and product throughput. Compared to competitive conventional technology, similar or superior end products are produced at a lower cost.
Mr. Rolfe clarified that SynFuels has made significant progress with the production of 95 octane fuel from natural gas. Initial success has generated world wide interest resulting in construction of the first fully operational demonstration plant. The technology has now matured to allow the construction of an economical and energy efficient commercial GTL plant. SynFuels and Energy House are actively pursuing opportunities with major oil and gas producers and are expected to close the deal for a commercial plant soon.
He also pointed that the economic benefits of this technology combined with ease of implementation makes it the perfect choice for oil and gas producers with stranded gas flaring to capture lost revenue while reducing carbon emissions
-
Makamin Partnership
02/03/2008
Energy House has recently concluded the acquisition formalities of 10% share in the Saudi oil and gas services company “Makamin”. The company was keen on attracting partners from Saudi Arabia and the Gulf to achieve its vision of building one of the most important oil services companies worldwide.
-
Announces Financial Statement for the Third Quarter ending 30 September 2009
10/11/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Third Quarter ending 30 September 2009 as the following:-
-
Board of Directors meeting to discuss the financial Information of the period ended in 30 September 2009
08/11/2009
Energy House Board of Directors will meet on Monday 09 November 2009 at 12:30PM to discuss the financial data of the period ended 30 September 2008.
-
Announces Financial Statement for the First Quarter ended 31 March 2009
10/05/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the First Quarter ended 31 March 2009 as the following:
-
Board of Directors meeting to discuss the financial data for the First Quarter ended 31 March 2009
06/05/2009
Energy House Board of Directors will meet on Thursday 07 May 2009 at 1:00 PM to discuss the first quarter of the financial data from “1 Jan 2009 to 31 March 2009).
-
Energy House Regular General Assembly
30/04/2009
Energy House Regular General Assembly will be held on Sunday, May 17, 2009 at the ministry of commerce and industry complex – Block (2)- First Floor – Hall(B).
-
Board of Directors meeting to discuss the financial data of the 31 December 2008
30/03/2009
Energy House Board of Directors will meet on Tuesday 31 March 2009 at 1:00 PM to discuss the financial data of the Year End 31 December 2008.
-
Energy House Announces Financial Statement for the Year End 31 December 08
31/01/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year End 31 December 2008 as the following:
-
Announces Financial Statement for the period ended 30 September 2010
10/11/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Third Quarter ended 30 September 2010 as per the following:
-
Announces Financial Statement for the period ended 30 June 2010
05/08/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the second Quarter ended 30 June 2010 as per the following:
-
Energy House Holding Company Articles published “DeWitt Gas Project USA” on 31 March 2010
08/04/2010
AEH Press conference to announce selling of DeWitt Gas Project
-
DeWitt Gas Project USA
11/03/2010
Energy House Holding Company is pleased to announce the sale transaction of its stake in the Gas Project in DeWitt County, Texas, USA, while currently producing wells and pipeline network were retained. The project consists of oil and gas exploration and drilling concession. The Sale & purchase Agreement has been signed on 8 March 2010, in the United States.
About the project:
Energy House Holding invested in the project in 2007, where it acquired 50% stake of the entire project throughout one of its subsidiaries in the United States.The 100% owned subsidiary of Energy House has sold 95% of its 50% stake in the Gas Project DeWitt County, whereas the currently producing wells and the pipeline network, which represent 5% of company’s stake in the project were retained.
Volume of transaction and profits:
Total volume of transaction is USD 117.5 Million, inclusive of taxes to be paid. On 08 March 2010, the buyer has deposited 90% of the purchase price in cash to Energy House account, with the remaining balance to be paid in two phases; the first after 45 days and the second after 90 days from the date of signing the agreement. Such returns are expected to translate into actual profits for Energy House during the first quarter of this year, estimated to reach USD 60 million after deducting all related costs. This will positively enhance share profitability at 23 fils.As you know, Energy House Holding Company is listed in Kuwait Stock Exchange with a paid up capital of KD 75 Million, and a market capitalization of about KD 200 million. Energy House is one of AREF Investment Group subsidiaries, which is one of the largest investment groups in the region, with a high diversity of investments in various sectors and activities.
This resulted in AREF Investment Group contributing in different development activities as well as a great regional and international network of relationships and alliances.
It is worth mentioning that the availability of such liquidity during 2010, will maximize the capital value of the company and will help to achieve its strategic objectives of expanding its presence and operations by investing into new opportunities compatible with the company’s vision and strategic objectives. In the meantime, the company will also continue to increase the return on equity while keeping sufficient transparency all of its dealings.
-
Energy House Articles publiched on 10 March 2010
10/03/2010
Energy House Holding Company Articles published “DeWitt Gas Project USA” on 10 March 2010
-
Announces Financial Statement for the Year ending 31 December 2009
02/03/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2009 as the following:
-
Announces Financial Statement for the Period ending 30 Sep 2011
30/09/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q3 ending 30 September 2011 as per the following:
-
Announces Financial Statement for the Period ending 30 June 2011
15/08/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q2 ending 30 June 2011 as per the following:
-
Subsidiaries of AEH won a bid in UAE
27/07/2011
Energy House Holding announces that a bid has been awarded to its subsidiary Nordic Energy (75% owned by Energy House Holding) to provide plug and abandon services for offshore wells at a value of 17.5 million USD, provided by the company Dragon Oil UAE with an implementation period of one year, the company will commence the implementation of the contract as of August 22, 2011 in the Caspian Sea region of Turkmenistan.
-
New Acquisition
26/07/2011
Energy House Holding announces that, the Company has signed a deal to acquire a strategic stake of 75% in Nordic Energy F.Z.C- Ras Al Khaimah – UAE. Nordic Company is specialized in drilling services and intervention.
-
Announces Financial Statement for the Period ending 31 March 2011
12/05/2011
Energy Holding Co. Board of Directors has approved & announced the financial statement for the Q1 ending 31 March 2011 as per the following:
-
Announces Financial Statement for the Year ending 31 December 2010
15/03/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2010 as the followings:
-
Announces Financial Statement for the Period ending 30 June 2012
12/08/2012
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q2 ending 30 June 2012 as per the following:
-
Completion of the acquisition « Development Enterprises Holding Company » of «Energy House»
05/08/2012
A unit of Kuwait Finance House (KFH) has paid KD67 million ($237.6 million) for a 66.76% stake in Kuwait-based Energy House, according to a bourse filing published on Wednesday 01 August 2012.
Energy House Holding was formed in September 2007 as a subsidiary of AREF Investment Group. Development Enterprises Holding Company, which is 100 per cent owned by KFH, paid 134 fils per share.
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Kuwait’s Development Enterprises Holding Co., known as DEH, has completed the acquisition of a 66.76 per cent stake in Energy House Holding Co. (AREFENRGY) for 67.1 million Kuwaiti dinars ($238 million), the Kuwaiti bourse published on Wednesday 01 August 2012.
DEH, a wholly owned unit of Kuwait Finance House KSC — the Gulf state’s largest Islamic bank-held a 29 per cent stake in Energy House prior to this acquisition which raises its overall investment in the company to 95.76 per cent. The 66.76 per cent stake acquired by DEH consisted of about 500.7 million shares bought at KWD0.134 each. The conclusion of the deal followed its approval by the country’s Capital Markets Authority, according to the statement.
-
A subsidiary of Energy House (KDDB Company) sign a new contract with KOC
01/04/2012
Energy House Holding announces that its subsidiary KDDB (80% owned by Energy House Holding) has signed a new contract with KOC Tender No. RFP-2277 “Pipeline repair/replacement and rehabilitation of flow lines in south and east Kuwait” at a value of KD 8,317,581 for a period of 4 years.
-
Energy House receives an offer to sell its stake in Higleig Company in Sudan
29/03/2012
Energy House Holding Company has announced of receiving an offer to sell the entire stake of Energy House in Higleig Petroleum Services and Investment Company in Sudan (64.25%) with a total amount of USD 25,000,000 Million, and Company are currently studying the offer and will notify the Kuwait Stock Exchange of any further developments
-
Announces Financial Statement for the Year ending 31 December 2011
15/03/2012
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2011 as the following:
-
Subsidiary of AEH won a bid in Kuwait
08/03/2012
Energy House Holding announces that a bid has been awarded to its subsidiary Khalifa Dauij Al- Dabbous & Brothers Company KDDB (80% owned by Energy House Holding) of KOC Tender No. RFP-2277 “Pipeline repair / replacement and rehabilitation of flow lines in south and east Kuwait” to KDDB at a value of KD 8,317,580 for a period of 4 years.
-
Energy House announced their golden sponsor for the month of environmental in Kuwait
04/03/2012
-
Announces Financial Statement for the Period ending 30 September 2013
01/10/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q3 ending 30 September 2013 as per the following:
-
Change of AREF Energy name to “The Energy House Holding Company K.S.C.C.”
25/06/2013
Change of AREF Energy name to “The Energy House Holding Company K.S.C.C.”
-
Announces Financial Statement for the Period ending 31 March 2013
29/04/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q1 ending 31 March 2013 as per the following:
-
Announces Financial Statement for the Year ending 31 December 2012
31/01/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2012 as the following:
-
EHH financial result for the period ended 30 September 2014
05/11/2014
EHH financial result for the period ended 30 September 2014
-
EHH financial result for the period ended 30 September 2014
04/11/2014
EHH financial result for the period ended 30 September 2014
-
Board of Directors (Energy House) meets today to discuss financials 30-09-2014
04/11/2014
Board of Directors (Energy House) meets today to discuss financials 30-09-2014
-
Board of Directors (Energy House) meets on 04-11-2014 to discuss financials 30-09-2014
02/11/2014
Board of Directors (Energy House) meets on 04-11-2014 to discuss financials 30-09-2014
-
EHH financial result for the period ended 30 June 2014
07/08/2014
EHH financial result for the period ended 30 June 2014
-
EHH financial result for the period ended 30 June 2014
06/08/2014
EHH financial result for the period ended 30 June 2014
-
Board of Directors (Energy House) meets today to discuss financials for 30-06-2014
06/08/2014
Board of Directors (Energy House) meets today to discuss financials for 30-06-2014
-
Board of Directors (House of Energy) meets on 06-08-2014 to discuss financials 30-06-2014
04/08/2014
Board of Directors (House of Energy) meets on 06-08-2014 to discuss financials 30-06-2014
-
EHH financial result for the period ended 31 March 2014
01/05/2014
EHH financial result for the period ended 31 March 2014
-
EHH financial result for the period ended 31 March 2014
30/04/2014
EHH financial result for the period ended 31 March 2014
-
Board of Directors (Energy House) meets today to discuss financials 31-03-2014
30/04/2014
Board of Directors (Energy House) meets today to discuss financials 31-03-2014
-
Board of Directors (Energy House) meets on 30-04-2014 to discuss financials 31-03-2014
28/04/2014
Board of Directors (Energy House) meets on 30-04-2014 to discuss financials 31-03-2014
-
Meeting of the General Assembly of Energy House Holding Company
26/03/2014
Meeting of the General Assembly of Energy House Holding Company
-
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
26/03/2014
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
-
Replacement of a representative on the Board of Directors of Energy House Holding Company
17/03/2014
Replacement of a representative on the Board of Directors of Energy House Holding Company
-
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
13/03/2014
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
-
EHH financial result for the year ended 31 Dec 2013
30/01/2014
EHH financial result for the year ended 31 Dec 2013
-
EHH financial result for the year ended 31 Dec 2013
29/01/2014
EHH financial result for the year ended 31 Dec 2013
-
Board of Directors (Energy House) meets today to discuss financials 31-12-2013
29/01/2014
Board of Directors (Energy House) meets today to discuss financials 31-12-2013
-
Board of Directors (House of Energy) meets on 29-01-2014 to discuss financials 31-12-2013
27/01/2014
Board of Directors (House of Energy) meets on 29-01-2014 to discuss financials 31-12-2013
-
Appointing CEO for the company
23/12/2015
Energy House Holding Co has informed KSE that Mr. Nabil M. Al-Sabih has been appointed as a company CEO starting from 01-01-2016.
-
Resignation of Energy House CEO
19/11/2015
Energy House Holding Co. has announced to KSE that the Company has accepted Mr. Mohammed R. Jasem –CEO resignation and the last working day for him is 31-12-2015.
-
Replacement of two Directors in Energy House Board
19/11/2015
Energy House has announced to KSE that Development Enterprise Holding Co. (DEH) has appointed Mr. Yousef Al-Qabandi and Mr. Bader Al-Zamami as their representative in Energy House Board of Directors instead of Mr. Musaed Al-Emairi & Mr. Jamal Al-Nouri.
-
EHH financial result for the Q3 ended 30 Sep 2015
27/10/2015
EHH financial result for the Q3 ended 30 Sep 2015
-
Energy House Board will meet to discuss the Q3 financials ended 30-09-2015
27/10/2015
The House Energy Holding Company announced Kuwait Stock Exchange that the Board of Directors will meet on Tuesday 27/10/2015 at 12:30 pm, to discuss the financial statements of the Company for the period ended 30-09-2015.
-
Energy House Board will meet tomorrow to discuss the Q3 financials ended 30-09-2015
26/10/2015
Energy House Board will meet tomorrow to discuss the Q3 financials ended 30-09-2015
-
The Formation of the Board of Directors
22/10/2015
The Formation of the Board of Directors Holding Energy House
-
Replacement of two members in Energy House Board
17/08/2015
Energy House Holding co. has informed KSE that Development Enterprises Holding Co. has appointed Mr. Abdulrahman Al-Barjas & Mr. Ahmed Al-Sumait as their representative in the company instead of Mr. Khaled Al-Sumait and Mr. Hussein Ismael.
-
Energy House Board will meet to discuss the Q2 financials ended 30-06-2015
29/07/2015
The House Energy Holding Company announced Kuwait Stock Exchange that the Board of Directors will meet on Wednesday 29/07/2015 at 12:30 pm, to discuss the financial statements of the Company for the period ended 30-06-2015.
-
Energy House Board will meet tomorrow to discuss the Q2 financials ended 30-06-2015
28/07/2015
Energy House Board will meet tomorrow to discuss the Q2 financials ended 30-06-2015
-
KSE announcement related to unusual share trading
04/07/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated June 03, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 02 June 2015. -
Disclosure from EHH regarding Signing a Contract
26/04/2015
Disclosure from EHH regarding Signing a Contract
-
EHH financial result for the Q1 ended 31 March 2015
14/04/2015
EHH financial result for the Q1 ended 31 March 2015
-
KSE announcement related to Energy House share trading
14/04/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated April 12, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 09 April 2015. -
Energy House Board will meet today to discuss the financials ended 31-03-2015
14/04/2015
Energy House Board will meet today to discuss the financials ended 31-03-2015
-
EHH financial result for the Q1 ended 31 March 2015
13/04/2015
EHH financial result for the Q1 ended 31 March 2015
-
Energy House Board will meet to discuss the financial statement 31-03-2015
12/04/2015
Kuwait Stock Exchange announces that the House Energy Holding Company announced that the Board of Directors will meet on Monday 19/01/2015 at 12:30 pm, to discuss the financial statements of the Company for the year ended 12.31.2014.
-
KSE announcement related to Energy House share trading
31/03/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated March 30, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 29 March 2015. -
General Assembly meeting of House Energy Holding Company
18/03/2015
Kuwait Stock Exchange announces that the Ordinary General Assembly of the House Energy Holding Company (Energy House) was held on Wednesday 18/3/2015 and approved not to distribute dividends for the year ended 31-12-2014.
-
General Assembly meeting of House Energy Holding Company in 18.03.2015
19/02/2015
Kuwait Stock Exchange announces that the Ordinary General Assembly of the House Energy Holding Company (Energy House) will be held on Wednesday 18/3/2015 at 10:30 am at the company’s premises, where discuss the recommendation of the Board of Directors not to distribute dividends for the financial year ended 31/12/2014.
Another items will be discussed on the agenda.
Note: that this recommendation is subject to the approval of the General Assembly and not to intercept by the board of directors and the supervisory authorities. -
Energy House Board recommended not to distribute any dividends for the year ended 31/12/2014.
20/01/2015
Energy House Board recommended not to distribute any dividends for the year ended 31/12/2014.
-
EHH financial results for the year ended 31 Dec 2014
19/01/2015
EHH financial results for the year ended 31 Dec 2014
-
Energy House Board meeting to discuss 2014 financials
19/01/2015
Energy House Board meeting to discuss 2014 financials
-
KSE announcement related to Energy House share trading
14/01/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated January 13, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter from 7- 12 January 2015. -
Energy House Board will meet to discuss the financials statement
13/01/2015
Kuwait Stock Exchange announces that the House Energy Holding Company announced that the Board of Directors will meet on Monday 19/01/2015 at 12:30 pm, to discuss the financial statements of the Company for the year ended 12.31.2014.
-
EHH financial result for the period ended 30 September 2016
13/11/2016
EHH financial result for the period ended 30 September 2016
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2016
08/11/2016
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2016
-
Q2 financial results of Energy House for the period ended 30 June 2016
21/07/2016
Q2 financial results of Energy House for the period ended 30 June 2016
-
Energy House Board will meet to discuss the financial statement 30-06-2016
19/07/2016
Kuwait Stock Exchange announced that Energy House Holding Board of Directors will meet on Thursday 21/07/2016 at 12:30 pm, to discuss the financial statements for the Q2 ended in 30-06-2016.
-
EHH financial result for the Q1 ended 31 Mar 2016
01/05/2016
EHH financial result for the Q1 ended 31 Mar 2016
-
The formation of the Board of Directors Holding Energy House
28/04/2016
The formation of the Board of Directors Holding Energy House
-
Energy House Board will meet to discuss the financial statement 31-03-2016
28/04/2016
Kuwait Stock Exchange announced that Energy House Holding Board of Directors will meet on Thursday 28/04/2016 at 12:30 pm, to discuss the financial statements for the Q1 ended in 31-03-2016.
-
EHH Board meets to discuss Q1 financials for the period ended on 31 March 2016
26/04/2016
EHH Board meets to discuss Q1 financials for the period ended on 31 March 2016
-
AGM meeting met on 15 March 2016
15/03/2016
AGM meeting met on 15 March 2016
-
General Assembly meeting of Energy House Holding Co. for 2015 financials
15/03/2016
General Assembly meeting of Energy House Holding Co. for 2015 financials
-
General Assembly meeting of Energy House Holding Co. for 2015 financials
02/03/2016
General Assembly meeting of Energy House Holding Co. for 2015 financials
-
EHH Board meets to discuss financials for the year ended on 31 December 2015
20/01/2016
EHH Board meets to discuss financials for the year ended on 31 December 2015
-
Energy House Board recommended not to distribute dividends for the year ended 31/12/2015
20/01/2016
Energy House Board recommended not to distribute dividends for the year ended 31/12/2015
-
Energy House Board of Directors will meet on Wednesday 20 Jan 2016 to discuss the financials for the year ended in 31 Dec 2015
18/01/2016
Energy House Board of Directors will meet on Wednesday 20 Jan 2016 to discuss the financials for the year ended in 31 Dec 2015
-
The Energy House Holding Company financial statements for the period ended 30-09-2016.
08/11/2017
The Energy House Holding Company financial statements for the period ended 30-09-2016.
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2017
07/11/2017
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2017
-
Comment on the press release regarding the lifting of sanctions in Sudan
08/10/2017
Comment on the press release regarding the lifting of sanctions in Sudan
-
Q2 financial results of Energy House for the period ended 30 June 2017
10/08/2017
Q2 financial results of Energy House for the period ended 30 June 2017
-
Energy House Board will meet to approve the Q1 financials for the period ended 31 March 2017
11/05/2017
Energy House Board will meet to approve the Q1 financials for the period ended 31 March 2017
-
Energy House Board will meet on February 2, 2017 to discuss the financials statement of the Company for the year ended 12.31.2016.
31/01/2017
Energy House Board will meet on February 2, 2017 to discuss the financials statement of the Company for the year ended 12.31.2016.
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2018
29/10/2018
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2018
-
Energy House (EHH) organized Blood Donation Campaign 01 August 2018
01/08/2018
Consistent with Energy House social responsibility policy through participating in various social activities. EHH has organized in its head office a Blood Donation Campaign in coordination with Central Blood Bank of Kuwait on Wednesday 1st August 2018.
-
EHH Board meets to discuss Q2 financials for the period ended on 30 June 2018.
18/07/2018
EHH Board meets to discuss Q2 financials for the period ended on 30 June 2018.
-
EHH Board meets on 14 May 18 to discuss Q1 financials for the period ended 31 March 2018
13/05/2018
EHH Board meets on 14 May 18 to discuss Q1 financials for the period ended 31 March 2018
-
EHH Board meets o 08 March 2018 to discuss/ approve financials for the year ended 31 Dec 2017
07/03/2018
EHH Board meets o 08 March 2018 to discuss/ approve financials for the year ended 31 Dec 2017
-
Supplementary Disclosure -for one of the investee company
21/03/2019
Supplementary Disclosure -for one of the investee company
-
EHH ordinary General Assembly meeting will be held on 03 April 2019
11/03/2019
EHH ordinary General Assembly meeting will be held on 03 April 2019
-
Material Information on EHH subsidiary
08/10/2020
Material Information on EHH subsidiary
-
EHH Board meeting result
23/02/2020
EHH Board meeting result
-
EHH Board meets on 23 Feb 2020
23/02/2020
EHH Board meets on 23 Feb 2020
-
Energy House Holding Company held a press conference at Sheraton Kuwait on January 23 2008
02/03/2008
Energy House Holding Company held a press conference at Sheraton Kuwait on January 23 2008, to declare the signature of two partnerships with the U.S. based companies; SynFuels and GeoGas that are specialized in the energy sector.
Deputy Managing Director of AREF Investment Group (AIG), Mr. Ebrahim Al-Khuzam said in a welcome speech, that Energy House Holding was established in September 2007 as a subsidiary of AIG, adding that the company spearheads the achievement of AIG goals within the investment in the energy field. This goes in line with Groupâ€┢s strategy to build an integrated investment conglomerate through financial management of a number of holding companies. AIG is considered as a stable, long-term and one of the leading investment institutions in the region.
Mr. Al-Khuzam talked on the global perspective of energy saying: â€ŔMan has been always searching for energy resources to fulfill the increasing human needs for fuel that is required to run industries, transportation means, and power generation. Accordingly, the availability of energy resources will boost the world economy and nationsâ€┢ developmentâ€Â.
â€ŔMr. Al-Khuzam expressed his confidence that Energy House will play an important role in the energy investment and people development locally, regionally and internationally.
It is worth mentioning that Energy House is about to increase its capital to KD 75 million. Such increase comes in an important phase that the company will undergo to evaluate a number of acquisition, investments and strategic alliances with pioneering partners to enhance its existing operating base and capabilities and move ahead in the value-adding path within the regional and international energy arena. Such strategic direction would achieve viable annual returns to shareholders and add value to the company throughout the coming years.
For his part, Mr. Tareq Al-Wazzan –Chief Executive Officer of Energy House- revealed that the company has recently concluded the acquisition procedures of 10% share in the Saudi oil and gas services company â€ŔMakaminâ€Â. The company was keen on attracting partners from Saudi Arabia and the Gulf to achieve its vision of building one of the most important oil services companies worldwide.
Mr. Al-Wazzan also indicated that his company has recently acquired 25% shares in SynFuels International with exclusive marketing rights in the Gulf, MENA, FSU and Indian Sub-Continent. He also mentioned that his company has also acquired 50% of GeoGas project, an exploration and production concession for oil and gas in 75,000 acres of land in Dewitt County- Texas. Where the company has put up a future business strategy and started its implementation.
CEO of Energy House revealed that the company is developing some final recommendations concerning a number of strategic projects which would be announced in due course. This would achieve companyâ€┢s strategy for the energy supply chain integration, focusing on promising opportunities with operating and value adding nature. This should go in line with companyâ€┢s policy with respect to risk management and geographical diversification between emerging and maturing markets.
Mr. Al-Wazzan indicated that the company invests in the energy business globally including oil and gas (exploration, production, refining, marketing and petrochemicals), power generation, energy related services and new technologies and patents.
He also added that the company mission is to: â€ŔManage our business towards creating an unshakeable business identity by providing leadership and management support to our subsidiaries and affiliates for capacity building and growth, while meeting international standards of excellence in all aspects of business operations and processes and cultivating elevated standards of business ethics. We will multiply our stakeholdersâ€┢ satisfaction by generating wealth and adding value, motivating and training employees for quality output, growth and innovation, and embracing environment-friendly cultureâ€Â.
He stated that companyâ€┢s vision is to become the leading integrated energy investment holding company in the region with strong business identity, distinctive high performing assets and an environmentally friendly conscience accomplished through our quality and competent staff, in order to maximize stakeholderâ€┢s return and capital value.
Mr. Ben Weber –one of the major owners of SynFuels and an investor in GeoGas- talked about the project as an oil and gas drilling and production concession in DeWitt County of Texas, USA.
It is worth mentioning that all seismic and geological surveys have been completed and drilling has started in late December 2007. Initial exploration activities in the area indicated significant reserve volume of oil and gas that would be fully exploited to generate viable returns to shareholders.
Mr. Weber said that in order to fully capitalize on the reserves potential, GeoGas has commissioned a world renowned company to conduct drilling and production operations. Based on estimated reserve base, GeoGas is expected to produce significant volumes of gas. According to prevailing and expected oil and gas prices, the project will achieve high returns within a short period of time. Surrounding land plots are operated by major oil companies and are producing gas and condensate.
Mr. Tom Rolfe –President of SynFuels International- mentioned that the U.S based company registered a revolutionary patented Gas-To-Liquid (GTL) technology. SynFuelsâ€┢ technology is based on the ECLIARS process, which has significant advantage over the Fischer-Tropsch GTL process in terms of capital, process costs and product throughput. Compared to competitive conventional technology, similar or superior end products are produced at a lower cost.
Mr. Rolfe clarified that SynFuels has made significant progress with the production of 95 octane fuel from natural gas. Initial success has generated world wide interest resulting in construction of the first fully operational demonstration plant. The technology has now matured to allow the construction of an economical and energy efficient commercial GTL plant. SynFuels and Energy House are actively pursuing opportunities with major oil and gas producers and are expected to close the deal for a commercial plant soon.
He also pointed that the economic benefits of this technology combined with ease of implementation makes it the perfect choice for oil and gas producers with stranded gas flaring to capture lost revenue while reducing carbon emissions
-
Makamin Partnership
02/03/2008
Energy House has recently concluded the acquisition formalities of 10% share in the Saudi oil and gas services company “Makamin”. The company was keen on attracting partners from Saudi Arabia and the Gulf to achieve its vision of building one of the most important oil services companies worldwide.
-
Energy House Holding Co. sponsored a special contest for the students of Gulf University of Science & Technology.
27/05/2008
Energy House Holding Co. sponsored a special contest for the students of Gulf University of Science & Technology. The contest theme was about a search on Gulf private investment companies specified in the energy fields. Energy House collaborated with University administration to announce the contest, organize the registration process and announce the results.
Based on Energy House evaluation of applicantsâ€┢ work, student/Mubarak Al-Subaie was announced the winner, due to his excellent results in the contest research. Accordingly, Energy House in collaboration with GUST organized a ceremony on 07 may 2008 at University premises in West Mushref in presence of Mr. Tareq Al-Wazzan – CEO of Energy House and Mr. Ghanem Abdullatif Al-Gharablli – General Director of academic education & Technical & also the Administrative & Financial Director in Gulf University of Science.
The contest initiative came in line with Energy House efforts to support local students and encourage them for quality researches.
You can visit this link http://www.alqabas.com.kw/Final/NewspaperWebsite/NewspaperPublic/ArticlePage.aspx?ArticleID=391361
to read the article from Al-Qabbas newspaper.
-
Energy House Holding Co. announced that its Board met on Wednesday 6 August 08
10/08/2008
Last trade price 110 Change 0 Last Updated on 15:12:49 Announcement on Financial Statement for the period ended 30 June 08 Energy House Holding Co. announced that its Board met on Wednesday 6 August 08 in order to endorse the financial statement for the period ended in 30 June 2008 as the following:
Current Period:
Net profit included unrealized gain: 8,100,000 KWD
Difference Period :
-
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 June 2008.
05/08/2008
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 June 2008
-
Energy House Holding announces the discovery of natural gas quantities in DeWitt County – Texas, within the project that is 50% owned by Energy House and the balance by U.S. partners.
16/12/2008
Energy House Holding announces the discovery of natural gas quantities in DeWitt County – Texas, within the project that is 50% owned by Energy House and the balance by U.S. partners “WEBER ENERGY & GEO SOUTHERN”.
It should be noted that “Halliburton” was selected by the partners to carry the initial drilling activities, and coring. “Core Labs” which is a company listed in the stock market and one of the most renowned laboratories in upstream field- analyzed core samples from exploratory wells and reported the discovery of hydrocarbons in the cores.
The Corelabs report showed an estimated natural gas reserve of nearly 19 trillion cubic feet. When taking into consideration a recovery factor of 25%, the volume of gas available for production might be estimated at 4.75 trillion cubic feet, If fully developed and produced.
Weber Energy is currently taking preliminary steps to commence gas production operations from the first two wells and will use Halliburton or Shlumberger expertise for the fracturing process. Accordingly, actual production is expected to begin in the first quarter of 2009. Within the same concession, other layers are being evaluated for possible containment of gas reserves are also evaluating other layers containing for gas reserves.
It’s worth mentioning that on 21 October 2008, PETROHAWK Energy CP (NYSE: HK) announced the start-up of actual daily production of 9 million cubic feet of free gas from their first well out of “Eagle Ford Shale” geological layer, and 13 Million Cubic feet of daily production from their second well. Such announcement would reinforce our positive outlook on our gas project which would have similar characteristics.
Such achievements will have positive and significant contribution on Energy House financial results for the coming years.
-
Energy House Holding Co. announced that its Board met on Thursday 6 November 08
09/11/2008
Energy House Holding Co. announced that its Board met on Thursday 6 November 08 to endorse the financial statement for the period ended in 30 September 2008 as the following:
Current Period:
Net profit included unreleased gain: 5,400,000 KWD
Difference Period :
-
Energy House Board meets to discuss & adopt the financial statement for the period ended 30 September 2008.
05/11/2008
Energy House Board meets on Thursday, November 6, 2008, to discuss & authorized the financial statement for the period from 1 July 2008 to 30 September 2008.
-
Energy House Visit to Sudan Projects
22/10/2008
A delegation from Energy House Holding headed by the Chief Executive Officer Mr. Tareq Al Wazzan, along with the Board of Directors of Higleig Petroleum Services & Investment Co. Ltd., a subsidiary of Energy House Holding Co., visited the project “Molita FPF” site in Aadariel region where the delegation viewed the progress in the “oil field station” and “Power plant” projects, the delegation visited “the over head power lines” project and road Aadar – Falj – Melut.
-
Board of Directors meeting to discuss the financial data of the 31 December 2008
30/03/2009
Energy House Board of Directors will meet on Tuesday 31 March 2009 at 1:00 PM to discuss the financial data of the Year End 31 December 2008.
-
Announces Financial Statement for the First Quarter ended 31 March 2009
10/05/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the First Quarter ended 31 March 2009 as the following:
-
Board of Directors meeting to discuss the financial data for the First Quarter ended 31 March 2009
06/05/2009
Energy House Board of Directors will meet on Thursday 07 May 2009 at 1:00 PM to discuss the first quarter of the financial data from “1 Jan 2009 to 31 March 2009).
-
Energy House Regular General Assembly
30/04/2009
Energy House Regular General Assembly will be held on Sunday, May 17, 2009 at the ministry of commerce and industry complex – Block (2)- First Floor – Hall(B).
-
Energy House Announces Financial Statement for the Year End 31 December 08
31/01/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year End 31 December 2008 as the following:
-
Announces Financial Statement for the Third Quarter ending 30 September 2009
10/11/2009
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Third Quarter ending 30 September 2009 as the following:-
-
Board of Directors meeting to discuss the financial Information of the period ended in 30 September 2009
08/11/2009
Energy House Board of Directors will meet on Monday 09 November 2009 at 12:30PM to discuss the financial data of the period ended 30 September 2008.
-
DeWitt Gas Project USA
11/03/2010
Energy House Holding Company is pleased to announce the sale transaction of its stake in the Gas Project in DeWitt County, Texas, USA, while currently producing wells and pipeline network were retained. The project consists of oil and gas exploration and drilling concession. The Sale & purchase Agreement has been signed on 8 March 2010, in the United States.
About the project:
Energy House Holding invested in the project in 2007, where it acquired 50% stake of the entire project throughout one of its subsidiaries in the United States.The 100% owned subsidiary of Energy House has sold 95% of its 50% stake in the Gas Project DeWitt County, whereas the currently producing wells and the pipeline network, which represent 5% of company’s stake in the project were retained.
Volume of transaction and profits:
Total volume of transaction is USD 117.5 Million, inclusive of taxes to be paid. On 08 March 2010, the buyer has deposited 90% of the purchase price in cash to Energy House account, with the remaining balance to be paid in two phases; the first after 45 days and the second after 90 days from the date of signing the agreement. Such returns are expected to translate into actual profits for Energy House during the first quarter of this year, estimated to reach USD 60 million after deducting all related costs. This will positively enhance share profitability at 23 fils.As you know, Energy House Holding Company is listed in Kuwait Stock Exchange with a paid up capital of KD 75 Million, and a market capitalization of about KD 200 million. Energy House is one of AREF Investment Group subsidiaries, which is one of the largest investment groups in the region, with a high diversity of investments in various sectors and activities.
This resulted in AREF Investment Group contributing in different development activities as well as a great regional and international network of relationships and alliances.
It is worth mentioning that the availability of such liquidity during 2010, will maximize the capital value of the company and will help to achieve its strategic objectives of expanding its presence and operations by investing into new opportunities compatible with the company’s vision and strategic objectives. In the meantime, the company will also continue to increase the return on equity while keeping sufficient transparency all of its dealings.
-
Energy House Articles publiched on 10 March 2010
10/03/2010
Energy House Holding Company Articles published “DeWitt Gas Project USA” on 10 March 2010
-
Announces Financial Statement for the Year ending 31 December 2009
02/03/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2009 as the following:
-
Energy House Holding Company Articles published “DeWitt Gas Project USA” on 31 March 2010
08/04/2010
AEH Press conference to announce selling of DeWitt Gas Project
-
Announces Financial Statement for the period ended 30 June 2010
05/08/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the second Quarter ended 30 June 2010 as per the following:
-
Announces Financial Statement for the period ended 30 September 2010
10/11/2010
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Third Quarter ended 30 September 2010 as per the following:
-
Announces Financial Statement for the Year ending 31 December 2010
15/03/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2010 as the followings:
-
Announces Financial Statement for the Period ending 31 March 2011
12/05/2011
Energy Holding Co. Board of Directors has approved & announced the financial statement for the Q1 ending 31 March 2011 as per the following:
-
Announces Financial Statement for the Period ending 30 Sep 2011
30/09/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q3 ending 30 September 2011 as per the following:
-
Announces Financial Statement for the Period ending 30 June 2011
15/08/2011
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q2 ending 30 June 2011 as per the following:
-
Subsidiaries of AEH won a bid in UAE
27/07/2011
Energy House Holding announces that a bid has been awarded to its subsidiary Nordic Energy (75% owned by Energy House Holding) to provide plug and abandon services for offshore wells at a value of 17.5 million USD, provided by the company Dragon Oil UAE with an implementation period of one year, the company will commence the implementation of the contract as of August 22, 2011 in the Caspian Sea region of Turkmenistan.
-
New Acquisition
26/07/2011
Energy House Holding announces that, the Company has signed a deal to acquire a strategic stake of 75% in Nordic Energy F.Z.C- Ras Al Khaimah – UAE. Nordic Company is specialized in drilling services and intervention.
-
Energy House receives an offer to sell its stake in Higleig Company in Sudan
29/03/2012
Energy House Holding Company has announced of receiving an offer to sell the entire stake of Energy House in Higleig Petroleum Services and Investment Company in Sudan (64.25%) with a total amount of USD 25,000,000 Million, and Company are currently studying the offer and will notify the Kuwait Stock Exchange of any further developments
-
Announces Financial Statement for the Year ending 31 December 2011
15/03/2012
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2011 as the following:
-
Subsidiary of AEH won a bid in Kuwait
08/03/2012
Energy House Holding announces that a bid has been awarded to its subsidiary Khalifa Dauij Al- Dabbous & Brothers Company KDDB (80% owned by Energy House Holding) of KOC Tender No. RFP-2277 “Pipeline repair / replacement and rehabilitation of flow lines in south and east Kuwait” to KDDB at a value of KD 8,317,580 for a period of 4 years.
-
Energy House announced their golden sponsor for the month of environmental in Kuwait
04/03/2012
-
A subsidiary of Energy House (KDDB Company) sign a new contract with KOC
01/04/2012
Energy House Holding announces that its subsidiary KDDB (80% owned by Energy House Holding) has signed a new contract with KOC Tender No. RFP-2277 “Pipeline repair/replacement and rehabilitation of flow lines in south and east Kuwait” at a value of KD 8,317,581 for a period of 4 years.
-
Announces Financial Statement for the Period ending 30 June 2012
12/08/2012
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q2 ending 30 June 2012 as per the following:
-
Completion of the acquisition « Development Enterprises Holding Company » of «Energy House»
05/08/2012
A unit of Kuwait Finance House (KFH) has paid KD67 million ($237.6 million) for a 66.76% stake in Kuwait-based Energy House, according to a bourse filing published on Wednesday 01 August 2012.
Energy House Holding was formed in September 2007 as a subsidiary of AREF Investment Group. Development Enterprises Holding Company, which is 100 per cent owned by KFH, paid 134 fils per share.
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Kuwait’s Development Enterprises Holding Co., known as DEH, has completed the acquisition of a 66.76 per cent stake in Energy House Holding Co. (AREFENRGY) for 67.1 million Kuwaiti dinars ($238 million), the Kuwaiti bourse published on Wednesday 01 August 2012.
DEH, a wholly owned unit of Kuwait Finance House KSC — the Gulf state’s largest Islamic bank-held a 29 per cent stake in Energy House prior to this acquisition which raises its overall investment in the company to 95.76 per cent. The 66.76 per cent stake acquired by DEH consisted of about 500.7 million shares bought at KWD0.134 each. The conclusion of the deal followed its approval by the country’s Capital Markets Authority, according to the statement.
-
Announces Financial Statement for the Year ending 31 December 2012
31/01/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Year ending 31 December 2012 as the following:
-
Change of AREF Energy name to “The Energy House Holding Company K.S.C.C.”
25/06/2013
Change of AREF Energy name to “The Energy House Holding Company K.S.C.C.”
-
Announces Financial Statement for the Period ending 31 March 2013
29/04/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q1 ending 31 March 2013 as per the following:
-
Announces Financial Statement for the Period ending 30 September 2013
01/10/2013
Energy House Holding Co. Board of Directors has approved & announced the financial statement for the Q3 ending 30 September 2013 as per the following:
-
Meeting of the General Assembly of Energy House Holding Company
26/03/2014
Meeting of the General Assembly of Energy House Holding Company
-
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
26/03/2014
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
-
Replacement of a representative on the Board of Directors of Energy House Holding Company
17/03/2014
Replacement of a representative on the Board of Directors of Energy House Holding Company
-
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
13/03/2014
Meeting of the General Assembly of Energy House Holding on 26-3-2014 for 2013 financials
-
EHH financial result for the year ended 31 Dec 2013
30/01/2014
EHH financial result for the year ended 31 Dec 2013
-
EHH financial result for the year ended 31 Dec 2013
29/01/2014
EHH financial result for the year ended 31 Dec 2013
-
Board of Directors (Energy House) meets today to discuss financials 31-12-2013
29/01/2014
Board of Directors (Energy House) meets today to discuss financials 31-12-2013
-
Board of Directors (House of Energy) meets on 29-01-2014 to discuss financials 31-12-2013
27/01/2014
Board of Directors (House of Energy) meets on 29-01-2014 to discuss financials 31-12-2013
-
EHH financial result for the period ended 31 March 2014
01/05/2014
EHH financial result for the period ended 31 March 2014
-
EHH financial result for the period ended 31 March 2014
30/04/2014
EHH financial result for the period ended 31 March 2014
-
Board of Directors (Energy House) meets on 30-04-2014 to discuss financials 31-03-2014
28/04/2014
Board of Directors (Energy House) meets on 30-04-2014 to discuss financials 31-03-2014
-
EHH financial result for the period ended 30 June 2014
07/08/2014
EHH financial result for the period ended 30 June 2014
-
EHH financial result for the period ended 30 June 2014
06/08/2014
EHH financial result for the period ended 30 June 2014
-
Board of Directors (Energy House) meets today to discuss financials for 30-06-2014
06/08/2014
Board of Directors (Energy House) meets today to discuss financials for 30-06-2014
-
Board of Directors (House of Energy) meets on 06-08-2014 to discuss financials 30-06-2014
04/08/2014
Board of Directors (House of Energy) meets on 06-08-2014 to discuss financials 30-06-2014
-
EHH financial result for the period ended 30 September 2014
05/11/2014
EHH financial result for the period ended 30 September 2014
-
EHH financial result for the period ended 30 September 2014
04/11/2014
EHH financial result for the period ended 30 September 2014
-
Board of Directors (Energy House) meets today to discuss financials 30-09-2014
04/11/2014
Board of Directors (Energy House) meets today to discuss financials 30-09-2014
-
Board of Directors (Energy House) meets on 04-11-2014 to discuss financials 30-09-2014
02/11/2014
Board of Directors (Energy House) meets on 04-11-2014 to discuss financials 30-09-2014
-
KSE announcement related to Energy House share trading
31/03/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated March 30, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 29 March 2015. -
General Assembly meeting of House Energy Holding Company
18/03/2015
Kuwait Stock Exchange announces that the Ordinary General Assembly of the House Energy Holding Company (Energy House) was held on Wednesday 18/3/2015 and approved not to distribute dividends for the year ended 31-12-2014.
-
General Assembly meeting of House Energy Holding Company in 18.03.2015
19/02/2015
Kuwait Stock Exchange announces that the Ordinary General Assembly of the House Energy Holding Company (Energy House) will be held on Wednesday 18/3/2015 at 10:30 am at the company’s premises, where discuss the recommendation of the Board of Directors not to distribute dividends for the financial year ended 31/12/2014.
Another items will be discussed on the agenda.
Note: that this recommendation is subject to the approval of the General Assembly and not to intercept by the board of directors and the supervisory authorities. -
Energy House Board recommended not to distribute any dividends for the year ended 31/12/2014.
20/01/2015
Energy House Board recommended not to distribute any dividends for the year ended 31/12/2014.
-
EHH financial results for the year ended 31 Dec 2014
19/01/2015
EHH financial results for the year ended 31 Dec 2014
-
Energy House Board meeting to discuss 2014 financials
19/01/2015
Energy House Board meeting to discuss 2014 financials
-
KSE announcement related to Energy House share trading
14/01/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated January 13, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter from 7- 12 January 2015. -
Energy House Board will meet to discuss the financials statement
13/01/2015
Kuwait Stock Exchange announces that the House Energy Holding Company announced that the Board of Directors will meet on Monday 19/01/2015 at 12:30 pm, to discuss the financial statements of the Company for the year ended 12.31.2014.
-
Disclosure from EHH regarding Signing a Contract
26/04/2015
Disclosure from EHH regarding Signing a Contract
-
EHH financial result for the Q1 ended 31 March 2015
14/04/2015
EHH financial result for the Q1 ended 31 March 2015
-
KSE announcement related to Energy House share trading
14/04/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated April 12, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 09 April 2015. -
Energy House Board will meet today to discuss the financials ended 31-03-2015
14/04/2015
Energy House Board will meet today to discuss the financials ended 31-03-2015
-
EHH financial result for the Q1 ended 31 March 2015
13/04/2015
EHH financial result for the Q1 ended 31 March 2015
-
Energy House Board will meet to discuss the financial statement 31-03-2015
12/04/2015
Kuwait Stock Exchange announces that the House Energy Holding Company announced that the Board of Directors will meet on Monday 19/01/2015 at 12:30 pm, to discuss the financial statements of the Company for the year ended 12.31.2014.
-
Replacement of two members in Energy House Board
17/08/2015
Energy House Holding co. has informed KSE that Development Enterprises Holding Co. has appointed Mr. Abdulrahman Al-Barjas & Mr. Ahmed Al-Sumait as their representative in the company instead of Mr. Khaled Al-Sumait and Mr. Hussein Ismael.
-
Energy House Board will meet to discuss the Q2 financials ended 30-06-2015
29/07/2015
The House Energy Holding Company announced Kuwait Stock Exchange that the Board of Directors will meet on Wednesday 29/07/2015 at 12:30 pm, to discuss the financial statements of the Company for the period ended 30-06-2015.
-
Energy House Board will meet tomorrow to discuss the Q2 financials ended 30-06-2015
28/07/2015
Energy House Board will meet tomorrow to discuss the Q2 financials ended 30-06-2015
-
KSE announcement related to unusual share trading
04/07/2015
Kuwait Stock Exchange announced receiving a letter from Energy House Holding Company as follows:
Further to the CMA letter dated June 03, 2015, kindly be informed that Energy House does not have any recent developments that may impact the company or the occurrence of any unusual trading on our share during the period mentioned in the letter on 02 June 2015. -
Appointing CEO for the company
23/12/2015
Energy House Holding Co has informed KSE that Mr. Nabil M. Al-Sabih has been appointed as a company CEO starting from 01-01-2016.
-
Resignation of Energy House CEO
19/11/2015
Energy House Holding Co. has announced to KSE that the Company has accepted Mr. Mohammed R. Jasem –CEO resignation and the last working day for him is 31-12-2015.
-
Replacement of two Directors in Energy House Board
19/11/2015
Energy House has announced to KSE that Development Enterprise Holding Co. (DEH) has appointed Mr. Yousef Al-Qabandi and Mr. Bader Al-Zamami as their representative in Energy House Board of Directors instead of Mr. Musaed Al-Emairi & Mr. Jamal Al-Nouri.
-
EHH financial result for the Q3 ended 30 Sep 2015
27/10/2015
EHH financial result for the Q3 ended 30 Sep 2015
-
Energy House Board will meet to discuss the Q3 financials ended 30-09-2015
27/10/2015
The House Energy Holding Company announced Kuwait Stock Exchange that the Board of Directors will meet on Tuesday 27/10/2015 at 12:30 pm, to discuss the financial statements of the Company for the period ended 30-09-2015.
-
Energy House Board will meet tomorrow to discuss the Q3 financials ended 30-09-2015
26/10/2015
Energy House Board will meet tomorrow to discuss the Q3 financials ended 30-09-2015
-
The Formation of the Board of Directors
22/10/2015
The Formation of the Board of Directors Holding Energy House
-
AGM meeting met on 15 March 2016
15/03/2016
AGM meeting met on 15 March 2016
-
General Assembly meeting of Energy House Holding Co. for 2015 financials
15/03/2016
General Assembly meeting of Energy House Holding Co. for 2015 financials
-
General Assembly meeting of Energy House Holding Co. for 2015 financials
02/03/2016
General Assembly meeting of Energy House Holding Co. for 2015 financials
-
EHH Board meets to discuss financials for the year ended on 31 December 2015
20/01/2016
EHH Board meets to discuss financials for the year ended on 31 December 2015
-
Energy House Board recommended not to distribute dividends for the year ended 31/12/2015
20/01/2016
Energy House Board recommended not to distribute dividends for the year ended 31/12/2015
-
Energy House Board of Directors will meet on Wednesday 20 Jan 2016 to discuss the financials for the year ended in 31 Dec 2015
18/01/2016
Energy House Board of Directors will meet on Wednesday 20 Jan 2016 to discuss the financials for the year ended in 31 Dec 2015
-
EHH financial result for the Q1 ended 31 Mar 2016
01/05/2016
EHH financial result for the Q1 ended 31 Mar 2016
-
The formation of the Board of Directors Holding Energy House
28/04/2016
The formation of the Board of Directors Holding Energy House
-
Energy House Board will meet to discuss the financial statement 31-03-2016
28/04/2016
Kuwait Stock Exchange announced that Energy House Holding Board of Directors will meet on Thursday 28/04/2016 at 12:30 pm, to discuss the financial statements for the Q1 ended in 31-03-2016.
-
EHH Board meets to discuss Q1 financials for the period ended on 31 March 2016
26/04/2016
EHH Board meets to discuss Q1 financials for the period ended on 31 March 2016
-
Q2 financial results of Energy House for the period ended 30 June 2016
21/07/2016
Q2 financial results of Energy House for the period ended 30 June 2016
-
Energy House Board will meet to discuss the financial statement 30-06-2016
19/07/2016
Kuwait Stock Exchange announced that Energy House Holding Board of Directors will meet on Thursday 21/07/2016 at 12:30 pm, to discuss the financial statements for the Q2 ended in 30-06-2016.
-
EHH financial result for the period ended 30 September 2016
13/11/2016
EHH financial result for the period ended 30 September 2016
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2016
08/11/2016
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2016
-
Energy House Board will meet on February 2, 2017 to discuss the financials statement of the Company for the year ended 12.31.2016.
31/01/2017
Energy House Board will meet on February 2, 2017 to discuss the financials statement of the Company for the year ended 12.31.2016.
-
Energy House Board will meet to approve the Q1 financials for the period ended 31 March 2017
11/05/2017
Energy House Board will meet to approve the Q1 financials for the period ended 31 March 2017
-
Q2 financial results of Energy House for the period ended 30 June 2017
10/08/2017
Q2 financial results of Energy House for the period ended 30 June 2017
-
The Energy House Holding Company financial statements for the period ended 30-09-2016.
08/11/2017
The Energy House Holding Company financial statements for the period ended 30-09-2016.
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2017
07/11/2017
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2017
-
Comment on the press release regarding the lifting of sanctions in Sudan
08/10/2017
Comment on the press release regarding the lifting of sanctions in Sudan
-
EHH Board meets o 08 March 2018 to discuss/ approve financials for the year ended 31 Dec 2017
07/03/2018
EHH Board meets o 08 March 2018 to discuss/ approve financials for the year ended 31 Dec 2017
-
EHH Board meets on 14 May 18 to discuss Q1 financials for the period ended 31 March 2018
13/05/2018
EHH Board meets on 14 May 18 to discuss Q1 financials for the period ended 31 March 2018
-
Energy House (EHH) organized Blood Donation Campaign 01 August 2018
01/08/2018
Consistent with Energy House social responsibility policy through participating in various social activities. EHH has organized in its head office a Blood Donation Campaign in coordination with Central Blood Bank of Kuwait on Wednesday 1st August 2018.
-
EHH Board meets to discuss Q2 financials for the period ended on 30 June 2018.
18/07/2018
EHH Board meets to discuss Q2 financials for the period ended on 30 June 2018.
-
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2018
29/10/2018
EHH Board meets to discuss Q3 financials for the period ended on 30 September 2018
-
Supplementary Disclosure -for one of the investee company
21/03/2019
Supplementary Disclosure -for one of the investee company
-
EHH ordinary General Assembly meeting will be held on 03 April 2019
11/03/2019
EHH ordinary General Assembly meeting will be held on 03 April 2019
-
EHH Board meeting result
23/02/2020
EHH Board meeting result
-
EHH Board meets on 23 Feb 2020
23/02/2020
EHH Board meets on 23 Feb 2020
-
Material Information on EHH subsidiary
08/10/2020
Material Information on EHH subsidiary
useful links
WTI Crude Oil Price:
WTI Crude Oil
|
||||||||||||
|
||||||||||||
Brent Crude Oil Price:
Brent Crude Oil
|
||||||||||||
|
||||||||||||
Company Address
Al-Enmaa Tower, Floor 14,
Abdullah Al-Mubarak Street,
Al- Mirqab, Kuwait City
P.O. Box : 21909 Safat, 13080 Kuwait
Tel : +965 2297 9600
Fax : + 965 2247 7580
Website : https://energyhouse.com.kw
Email : info@energyhouse.com.kw
