National Energy Services Reunited Corp., an industry-leading provider of integrated energy services in the Middle East and North Africa and Asia Pacific regions, on Aug. 11 reported multiple contract awards in the United Arab Emirates (UAE) 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.
“NESR is pleased to further consolidate our presence in the United Arab Emirates, one of our founding countries in the Middle East and where we have longstanding history and deep roots. Such awards enable us to increase our contributions to the UAE economy through hiring and training local talent and broadening our investments in the UAE. NESR is continuously looking to expand its footprint as an active participant in the national in-country value program,” Sherif Foda, chairman of the board and CEO of NESR, said.
Recommended Reading
Energy Transition in Motion (Week of May 10, 2024)
2024-05-10 - Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
Energy Transition in Motion (Week of March 1, 2024)
2024-03-01 - Here is a look at some of this week’s renewable energy news, including Chevron’s plans for a solar-to-hydrogen facility in California.
Energy Transition in Motion (Week of May 3, 2024)
2024-05-03 - Here is a look at some of this week’s renewable energy news, including a 10.5-gigawatt power purchase agreement between Brookfield and Microsoft.
Bunge, Chevron Announce FID on Oilseed Processing Plant
2024-03-05 - Bunge Chevron Ag Renewables' facility will be used to manufacture low carbon renewable fuels from oilseed.
CERAWeek: NextEra CEO: Growing Power Demand Opportunity for Renewables
2024-03-19 - Natural gas still has a role to play, according to NextEra Energy CEO John Ketchum.