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National Energy Services Reunited Corp. (NESR)

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About

Founded in 2017, National Energy Services Reunited is one of the largest national oilfield services providers in the Middle East and North Africa (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.

Editor's note: Updated Feb. 19, 2020.

Transactions

Report Date Amount (MM) Description
2021-04-01 $50.00

Houston-based NESR Continues Middle East Growth Strategy with Kuwait Deal

Houston-based NESR Continues Middle East Growth Strategy with Kuwait Deal

Report Date Amount (MM) Description
2020-02-13 $49.00

National Energy Services To Acquire Oilfield Services Provider SAPESCO

National Energy Services To Acquire Oilfield Services Provider SAPESCO

Report Date Amount (MM) Description
2017-11-12 $1,100.00

Blank Check Company Paying $1.1 Billion For International Oilfield Services

Blank Check Company Paying $1.1 Billion For International Oilfield Services

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

Houston-based NESR Continues to Strengthen Middle East Offerings with New Partnership

NESR has made several organic and inorganic long-term investments to grow its drilling and evaluation services segment.

Houston-based Oilfield Service Firms Form Middle East Partnership

Cactus sees the Middle East as an area of "potential future growth," according to Scott Bender, president and CEO of the company.

Houston-based NESR Continues Middle East Growth Strategy with Kuwait Deal

National Energy Services Reunited Corp. (NESR) agreed to pay around $50 million in cash for the acquisition of certain service lines of Action Energy, one of the leading indigenous oilfield services companies in Kuwait.

NESR, PHX Energy Launch Middle East Directional Drilling Operations

National Energy Services Reunited Corp., a national, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, said on March25 it has successfully started its directional drilling operations in the Middle East in partnership with PHX Energy Services Corp.

National Energy Services Bags UAE Contracts Worth $100 Million

National Energy Services Reunited Corp. reported multiple contract awards in the United Arab Emirates 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.

National Energy Services To Acquire Oilfield Services Provider SAPESCO

“This acquisition marks the entry of NESR into the growing and successful Egyptian oil and gas industry,” Sherif Foda, chairman and CEO of NESR, said. 

National Energy Services Wins Well Intervention Contracts In North Africa

National Energy Services Reunited Corp. (NESR), a national provider of integrated energy services in the Middle East and North Africa and Asia Pacific, on Oct. 1 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 years.