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National Energy Services Reunited Corp. Announces Contract Awards in United Arab Emirates
HOUSTON, TX / ACCESSWIRE / August 11, 2020 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR) (NASDAQ:NESRW), a national,
About this update from National Energy Services Reunited Corp
[{"type":"text","content":"HOUSTON, TX / ACCESSWIRE / August 11, 2020 / National Energy Services Reunited Corp. (\"NESR\" or the \"Company\") (NASDAQ:NESR) (NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the Middle East and North Africa (\"MENA\") and Asia Pacific regions, today reported multiple contract awards in the United Arab Emirates (UAE) valued at up to $100 million for Coiled Tubing, Nitrogen and Stimulation Services for a period of three years with two optional one-year extensions.''NESR is pleased to further consolidate our presence in the United Arab Emirates, one of our founding countries in the Middle East and where we have longstanding history and deep roots. Such awards enable us to increase our contributions to the UAE economy through hiring and training local talent and broadening our investments in the UAE. NESR is continuously looking to expand its footprint as an active participant in the national In-Country Value (ICV) Program,\" said Sherif Foda, Chairman of the Board and CEO of NESR. Mr. Foda added, \"I would like to thank our customers in the UAE for their trust in NESR, and we look forward to delivering top quality services to them.\"About National Energy Services Reunited Corp.Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 5,000 employees, representing more than 60 nationalities in over 15 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Hydraulic Fracturing, Cementing, Coiled Tubing, Filtration, Completions, Stimulation, Pumping and Nitrogen Services. The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services.Forward-Looking StatementsThis communication contains forward-looking statements (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Any and all statements contained in this communication that are not statements of historical fact may be deemed forward-looking statements. Terms such as \"may,\" \"might,\" \...