National Energy Services Reunited Corp. reports developments for an integrated energy-services business focused on the Middle East and North Africa region. The NESRW symbol represents the company's Nasdaq-listed warrants, while recurring company updates center on operating results, contract awards, and activity levels across oilfield service lines.
Company news commonly covers cementing contracts, completion-services awards for unconventional plays, customer activity in Saudi Arabia, Kuwait, North Africa and the Gulf, and financial results reported with adjusted EBITDA and earnings measures. Updates also reference the NEDA environmental and decarbonization applications segment, produced-water recycling initiatives, investor conferences, and business development tied to MENA national oil company customers.
National Energy Services Reunited Corp. (NASDAQ:NESR, NASDAQ:NESRW) announced significant contract extensions and awards valued over $1 billion with Gulf Energy SAOC in Oman by Petroleum Development of Oman (PDO). The contracts cover Cementing, Coil Tubing, Stimulation, and more, extending up to nine years with a main term of five years. These awards reinforce NESR’s presence in Oman, facilitating growth and technology advancements while supporting local workforce development as part of its ESG strategy.
National Energy Services Reunited Corp. (NESR) announced that it will release its third quarter 2020 financial results on October 28, 2020. A conference call is scheduled for 8:00 AM ET the same day to discuss these results. NESR is a key player in oilfield services within the MENA and Asia Pacific regions, providing essential production and drilling services. Founded in 2017, the Company employs over 5,000 personnel across multiple countries, focusing on helping clients maximize their reservoir efficiency.
National Energy Services Reunited Corp. (NASDAQ:NESR, NASDAQ:NESRW) will participate virtually at the Peters & Co. Limited 2020 Energy Conference from September 14 to September 17, 2020. The senior management team will engage in one-on-one meetings with investors, while Sherif Foda, Chairman and CEO, is set to present on September 17 at 9:50 AM CT. Founded in 2017, NESR provides industry-leading integrated energy services in the Middle East, North Africa, and Asia Pacific, employing over 5,000 staff across 15 countries.
National Energy Services Reunited Corp. (NESR) announced its participation in several upcoming virtual investor conferences. CEO Sherif Foda will present at the NBF 8th Annual Energy Conference on September 2, 2020, at 2:00 PM CT. He will also present at the Simmons Energy Gleneagles Energy Conference on September 3, 2020, and the Barclays CEO Energy-Power Conference on September 8, 2020, at 1:25 PM CT.
Founded in 2017, NESR is a leading oilfield services provider in the MENA and Asia Pacific regions, offering a range of production and drilling services.
National Energy Services Reunited Corp. (NESR) announced new contract awards in the UAE valued at up to $100 million for Coiled Tubing, Nitrogen, and Stimulation Services. The contracts will span three years, with the option for two one-year extensions. NESR aims to strengthen its presence in the UAE, contributing to the local economy through hiring and local investment. The company continues to pursue opportunities within the National In-Country Value (ICV) Program, promoting local talent development and economic contributions.
National Energy Services Reunited Corp. (NESR) announced contract awards in the UAE valued at up to $100 million for Coiled Tubing, Nitrogen, and Stimulation Services over three years, with two optional one-year extensions.
The company aims to consolidate its presence in the UAE, contributing to local economic growth by hiring and training talent. NESR emphasizes its commitment to the UAE's In-Country Value (ICV) Program, enhancing investments in the region.