Saudi Aramco Awards Multi-Billion Dollar Unconventional Contract to NESR
National Energy Services Reunited Corp (Nasdaq:NESR) announced it won a multi-billion dollar contract from Saudi Aramco to provide completion services in Jafurah and other unconventional plays in the Kingdom over a five-year term (October 29, 2025).
The scope includes a significant mobilization of completion services and is expected to support higher drilling and completion activity to advance unconventional gas development aligned with Vision 2030. NESR cited prior Jafurah operations since 2019 and emphasized technology-driven efficiency and integrated frac capabilities. The release includes a standard forward-looking caution referencing the company's SEC filings.
Company scale: ~6,000 employees across 16 countries.
National Energy Services Reunited Corp (Nasdaq:NESR) ha annunciato di aver ottenuto un contratto multimiliardario da Saudi Aramco per fornire servizi di completamento in Jafurah e altre giacenze non convenzionali nel Regno per un periodo di cinque anni (29 ottobre 2025).
L'ambito d'intervento prevede una significativa mobilitazione dei servizi di completamento e ci si aspetta di sostenere una maggiore attività di trivellazione e completamento per avanzare lo sviluppo del gas non convenzionale allineato con Vision 2030. NESR ha citato operazioni precedenti a Jafurah dal 2019 ed ha enfatizzato l'efficienza guidata dalla tecnologia e le capacità integrate di frac. Il comunicato include una cautela forward-looking standard che fa riferimento agli archivi SEC dell'azienda.
Dimensione dell'azienda: ~6,000 dipendenti in 16 paesi.
National Energy Services Reunited Corp (Nasdaq:NESR) anunció que ganó un contrato multimillonario de Saudi Aramco para proporcionar servicios de finalización en Jafurah y otros yacimientos no convencionales en el Reino durante un período de cinco años (29 de octubre de 2025).
El alcance incluye una movilización significativa de servicios de finalización y se espera que apoye una mayor actividad de perforación y completación para avanzar el desarrollo de gas no convencional alineado con Vision 2030. NESR citó operaciones anteriores en Jafurah desde 2019 y destacó la eficiencia impulsada por la tecnología y las capacidades integradas de fracturación. El comunicado incluye una advertencia estándar prospectiva que hace referencia a los archivos de la SEC de la empresa.
Escala de la empresa: ~6,000 empleados en 16 países.
National Energy Services Reunited Corp (Nasdaq:NESR)은 사우디 아람코로부터 원유 시추 및 개발과정의 완료 서비스를 제공하기 위한 수십억 달러 규모의 계약을 체결했다고 발표했습니다. 이 계약은 왕국의 자푸라(Jafurah) 및 기타 비전통적 매장지들에서 5년 기간에 걸쳐 수행됩니다(2025년 10월 29일).
범위에는 완료 서비스의 대규모 동원이 포함되며 비전통가스 개발을 Vision 2030과 일치시키며 더 높은 시추 및 완료 활동을 지원할 것으로 예상됩니다. NESR은 2019년부터의 자푸라 운영을 언급하고 기술 주도형 효율성과 통합 프랙(frac) 능력을 강조했습니다. 이 발표에는 회사의 SEC 서류를 참조하는 표준 전망 주의 문구가 포함되어 있습니다.
회사 규모: 16개국에 걸쳐 약 6,000명의 직원.
National Energy Services Reunited Corp (Nasdaq:NESR) a annoncé avoir remporté un contrat multimilliardaire auprès de Saudi Aramco pour fournir des services de complétion en Jafurah et d'autres gisements non conventionnels dans le Royaume sur une période de cinq ans (29 octobre 2025).
Le champ d'application prévoit une mobilisation importante des services de complétion et devrait soutenir une activité de forage et de complétion accrue pour faire progresser le développement du gaz non conventionnel en accord avec Vision 2030. NESR a cité des opérations antérieures à Jafurah depuis 2019 et a mis l'accent sur l'efficacité axée sur la technologie et les capacités intégrées de fracturation. Le communiqué comprend un avertissement prospectif standard faisant référence aux dépôts SEC de l'entreprise.
Échelle de l'entreprise : environ 6 000 employés dans 16 pays.
National Energy Services Reunited Corp (Nasdaq:NESR) gab bekannt, dass es einen mehrfach milliardenschweren Vertrag von Saudi Aramco gewonnen hat, um Abschlussdienstleistungen in Jafurah und anderen unkonventionellen Feldern im Königreich über einen Fünfjahreszeitraum bereitzustellen (29. Oktober 2025).
Der Umfang umfasst eine signifikante Mobilisierung von Abschlussdienstleistungen und soll voraussichtlich eine höhere Bohr- und Abschlussaktivität unterstützen, um die Entwicklung von unkonventionellem Gas im Einklang mit Vision 2030 voranzutreiben. NESR verwies auf frühere Operationen in Jafurah seit 2019 und betonte technologiegetriebene Effizienz und integrierte Frac-Fähigkeiten. Die Mitteilung enthält eine standardisierte zukunftsgerichtete Vorsicht in Bezug auf die SEC-Unterlagen des Unternehmens.
Unternehmensgröße: ca. 6.000 Mitarbeiter in 16 Ländern.
National Energy Services Reunited Corp (Nasdaq:NESR) أعلنت أنها فازت بعقد ملايين الدولارات متعددة من أرامكو السعودية لتوفير خدمات الإنهاء في جافرهوع وآبار غير تقليدية أخرى في المملكة على مدى مدة خمس سنوات (29 أكتوبر 2025).
يشمل النطاق تعبئة كبيرة لخدمات الإنهاء ويُتوقع أن يدعم زيادة نشاط الحفر والإنهاء لتطوير الغاز غير التقليدي بما يتماشى مع رؤية 2030. أشارت NESR إلى عمليات جافره منذ 2019 وأكدت الكفاءة المدفوعة بالتقنية وقدرات التكسير المتكاملة. يتضمن البيان تحذيراً افتراضياً قياسياً يشير إلى ملفات الشركة لدى هيئة الأوراق المالية والتابعة لها.
حجم الشركة: نحو 6,000 موظف عبر 16 دولة.
National Energy Services Reunited Corp (Nasdaq:NESR) 宣布已从沙特阿美赢得一项 数十亿美元级别的 合同，为王国的 Jafurah及其他非常规开发区 提供完井服务，合同期限为 五年（2025年10月29日）。
该范围包括大规模动员完井服务，预计将支持更高的钻井与完井活动，以推动与愿景2030相一致的非常规天然气开发。NESR 指出自2019年以来在 Jafurah 的运营，并强调以技术驱动的效率和综合压裂能力。公告中包括遵循公司SEC备案的标准前瞻性警示。
公司规模：在16个国家约有6,000名员工。
- Awarded a multi-billion-dollar, five-year completion contract
- Scope supports increased drilling and completion activity
- Builds on NESR operations in Jafurah since 2019
- Highlights integrated frac and completion capabilities
- Press release does not disclose the contract's exact monetary value
- Outcomes are forward-looking and subject to risks in SEC filings
Insights
NESR won a multi‑billion, five‑year completion services contract with Saudi Aramco for Jafurah and other unconventional plays.
The award secures a large, multi‑year revenue stream for NESR tied to completion and mobilization work across unconventional gas projects. The contract covers intensive deployment of completion services and a broad scope of work that could raise drilling and completion activity above current levels during the five‑year term. The announcement states NESR has prior operations in Jafurah since
Key dependencies and risks include the scale and timing of mobilization, actual activity cadence and scope definition, and performance against Aramco operational standards. The release contains forward‑looking language and caveats about risks and uncertainties; outcomes will depend on contract schedules, operational delivery, and any undisclosed commercial terms.
Concrete items to watch over the next 6–24 months include the pace of field mobilization, reported revenue recognition tied to the contract, any disclosed
RIYADH, SA / ACCESS Newswire / October 29, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced its winning position as part of Aramco's tender for completion services in Jafurah and other Unconventional plays within the Kingdom over a five-year term.
The contract involves a significant mobilization of completion services and a broad scope-of-work, which is expected to support the next phase of growth of unconventional gas development, as part of the Kingdom's ambitious Vision 2030 plan of energy diversification. Over the course of the Unconventional contract, drilling and completion activity may trend higher than current activity levels, in support of the project scale and production targets.
NESR CEO & Chairman Sherif Foda commented, "The Jafurah development is a significant project through which the Kingdom has contributed to improving the blueprint for successful unconventional resources development worldwide, in every aspect from the start to today. In developing a data-informed approach across both exploration and development, and the factory drilling and completion of wells, Aramco has demonstrated advanced optimization. NESR initiated operations in Jafurah back in 2019, with the initial, large-scale deployment of our frac capabilities, which contributed to improvement in stage delivery and continuous record-setting results. Today, our efficiency remains competitive even with the best of US shale operations, supported in part by our agile adoption of new technologies and processes. We are extremely proud of our partnership with Aramco and look forward to enhancing our competitive integrated frac operations. I am proud to call Jafurah a cornerstone achievement for NESR, an award upon which we will continue to build the company and give back to the Saudi energy ecosystem, its people, and our communities."
Cautionary Statement Regarding Forward-Looking Statements
Statements contained in this press release that are not historical fact may be forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Such forward-looking statements may relate to, among other things, the Company's expectations regarding the exchange offer and consent solicitation. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in our filings with the SEC, including those factors discussed under the caption "Risk Factors" in such filings.
You are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them and to the risk factors. The Company disclaims any obligation to update any forward-looking statements to reflect any new information or future events or circumstances or otherwise, except as required by law. You should read this communication in conjunction with other documents which the Company may file or furnish from time to time with the SEC.
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 6,000 employees, representing more than 60 nationalities in 16 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.
For media inquiries, please contact:
Lubna Hamdan
National Energy Services Reunited Corp.
971502670225
lubna@nesr.com
For inquiries regarding NESR, or for investor queries, please contact:
Blake Gendron
National Energy Services Reunited Corp.
832-925-3777
investors@nesr.com
SOURCE: National Energy Services Reunited Corp
View the original press release on ACCESS Newswire
FAQ
What did NESR announce on October 29, 2025 regarding Aramco and Jafurah (NESR)?
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Will the NESR-Aramco contract increase drilling and completion activity (NESR)?
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