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.
“I am quite pleased with the results of our promising efforts in Directional Drilling as we have broken existing records with this first run of PHX Energy's Atlas Downhole Motors and Velocity Systems compared to all other technologies in the market for similar products. As we have all along said, our open-source technology platform strategy has been to partner with best-in-class technology providers and then apply our local knowledge to develop custom solutions for our customers. This partnership and subsequent execution is a testament to the success of our strategy,” Sherif Foda, chairman of the board and CEO of NESR, said. “In the last few years, we have implemented this methodology primarily on the Production Services product lines and now we are seeing our efforts in the Drilling and Evaluation sphere gain momentum. I thank our customers for their continued trust in us and for giving us this opportunity to deliver on what we promised them.”
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.