NESR Secures Over $100 Million in Production Services Contracts in North Africa
Reuters
Aug 13
NESR Secures Over $100 Million in Production Services Contracts in North Africa
National Energy Services Reunited Corp. $(NESR)$, a leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced securing multiple Production Services contracts in Algeria and Libya. These contracts, valued at over $100 million, span three to five years and include services such as Coiled Tubing, Nitrogen & Pumping, Cementing, and Hydraulic Fracturing. This achievement reinforces NESR's regional leadership and highlights the company's commitment to innovation and local talent empowerment by operating exclusively with national crews. The contracts align with NESR's strategic focus on maintaining a robust local presence and investing in key projects in the oil and gas sectors in North Africa.
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