National Energy Services Reunited Corp. - Ordinary Shares (NESR) Company Bio
National Energy Services Reunited Corp. provides oilfield services in the Middle East, North Africa, and the Asia Pacific regions. It helps its customers unlock the potential of reservoirs by providing production services, such as cementing, coiled tubing, filtration, completions, stimulation and fracturing, and nitrogen services. The company also helps its customers to access the reservoirs by providing drilling and evaluation services, including drilling downhole tools, directional drilling fishing tools, and testing services, as well as wireline, slickline, fluids, and rig services. National Energy Services Reunited Corp. was founded in 2017 and is based in Houston, Texas.
National Energy Services Reunited ([[NESR]] +3.3%) has received multiple contract awards in the United Arab Emirates valued at up to $100M.The awards are for Coiled Tubing, Nitrogen and Stimulation Services for a period of three years with two optional one-year extensions....
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HOUSTON, TX / ACCESSWIRE / June 2, 2020 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NESR)(NESRW), a national, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") and Asia Pacific, announced a final agreement pursuant to which NESR will acquire Sahara Petroleum Services Company S.A.E. ("SAPESCO"), the largest indigenous oilfield services company in Egypt with operations across the MENA region. The transaction, effective June 1, 2020, will result in NESR becoming a significant player in the Egyptian oil and gas industry, where it does not presently operate. This transaction will also add Industrial and Chemical Services, which service the midstream and downstream sectors, to its portfolio.