Pioneers in Oil & Gas Contracting in Kuwait – HOT Engineering Co.

“We were the pioneer in contracting, specifically in oil and gas. Over time, we have lost our place as one of the leaders in this area. Our vision now is to regain that position,” says Jamal N. Al-Houti, Board Member & CEO of HOT Engineering Co..

“Many contractors have left the market because of the current situation. Now, it is our chance to once again be among the leaders and to be recognized in Kuwait. Another vision is to expand outside this region into the global market. Now, we are focused on the Kuwaiti market because there is big potential here. We do not want to lose focus. Once the situation allows us to expand under control, we will. We are assessing very closely. We know what is happening in the current market, for example GCC countries, which have been severely affecting the oil prices reduction. We are careful because we are now adopting risk assessment. We assess the risk for any action we take, the decision is made very carefully, and we follow that strategy. If we see the chances are promising, it is an option to us.”