NESR Secures $100 Million Downhole Drilling Contracts in Kuwait

Reuters

2025/07/28

NESR Secures $100 Million Downhole Drilling Contracts in Kuwait

National Energy Services Reunited Corp. $(NESR)$, an industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced the securing of multiple five-year downhole drilling contract awards in Kuwait, with a total value of $100 million. These new contracts span various Drilling & Evaluation (D&E) segments, including Fishing & Remedial Services, Downhole Tools, Tubing & Casing Running, and advanced drilling services. This achievement reinforces NESR's strong position in the Kuwait market, following their recent Slickline contract win, and underscores their commitment to investing in people and innovation through initiatives like the AIV Advanced Innovation Valley. CEO and Chairman Sherif Foda expressed gratitude to their clients for their trust and support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NESR - National Energy Services Reunited Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1053444) on July 28, 2025, and is solely responsible for the information contained therein.

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NESR - National Energy Services Reunited Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1053444) on July 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NESR","symbol_name":"National Energy Services Reuni","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250728:nNDL8xZlzq:1","article_id":"2554774909","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554774909","pubTimestamp":1753707618,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"National Energy Services Reunited Corp. , an industry-leading provider of integrated energy services in the Middle East and North Africa  region, has announced the securing of multiple five-year downhole drilling contract awards in Kuwait, with a total value of $100 million. 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