National Energy Services Reunited Corporation has been awarded a $300 million contract for Integrated Rig-less Stimulation and Testing Services (Conventional Fracturing) by Saudi Aramco.
This contract will cover fracturing, testing, wireline, coiled tubing and slickline services, as well as all associated chemistry, logistics, and site services for a total of three years, with an option for a two-year extension.
NESR CEO and Chairman Sherif Foda explained: “We were the first national service provider in the region to successfully execute multiple integrated stimulation projects across the region and we are extremely proud to have been selected among a shortlist of service providers for this flagship fracturing award.
“We are extremely proud to have been selected among a shortlist of service providers for this flagship fracturing award”
“We look forward to delivering innovative processes and technologies to take this project to the next level as our client leads the way in technology adoption and efficiency. In addition, we look forward to working closely with Saudi Aramco, in line with their net-zero and sustainability goals, to minimize the carbon footprint of these operations, introduce breakthrough Zero Liquid Discharge technologies to recycle the produced water, and provide minerals and freshwater not only to the operations but to the community around us.
“It is always a pleasure to work closely with Saudi Aramco not only as the world’s most reliable energy provider but also as a world-class technology incubator and adopter of disruptive innovations.”