Business
National Energy Services Reunited Corp. Announces Multiple Contract Awards in North Africa
HOUSTON--(BUSINESS WIRE)-- National Energy Services Reunited Corp. (“NESR” or the “Company”) (NASDAQ: NESR) (NASDAQ: NESRW), a national, industry-leading
About this update from National Energy Services Reunited Corp
[{"type":"text","content":" HOUSTON--(BUSINESS WIRE)--\nNational 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, today reported multiple awards in North Africa valued up to $100 million. The awards are for well intervention services for a period of up to three (3) years.\n\n\n''These awards allow us to further diversify our customer base in this fast-growing region and are a testament to our growing ability in the region,” said Sherif Foda, Chairman of the Board and CEO of NESR. Mr. Foda added: “These well intervention contracts also allow us to deploy newer technologies that reduce our overall footprint at the wellsite and lead to more efficient and safer operations. I would also like to take this opportunity to thank our new customers in North Africa for their trust in our abilities and I look forward to a successful long-term partnership.”\n\n\nAbout National Energy Services Reunited Corp.\n\n\nFounded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 4,000 employees, representing more than 40 nationalities in over 15 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as 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, Fluids and Rig Services.\n\n\nForward-Looking Statements\n\n\nThis 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,” “would,” “should,” “could,” “project,” “estimate,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms o...