National Energy Services Reunited wins $100m KOC deal

Mubasher: National Energy Services Reunited Corporation (NESR) was awarded a contract valued at $100 million from Kuwait Oil Company (KOC), according to a recent statement.

This oil contract covers cementing and associated services for drilling and workover operations for conventional resources from KOC.

This five-year contract marks the entry of NESR in the completions sphere in Kuwait, as the company is considered a provider of integrated energy services in the Middle East and North Africa (MENA) region.

chairman and CEO of NESR Sherif Foda commented, ''The award of this contract positions NESR as a multi-segment provider in Kuwait and allows us to build our position in Kuwait to the next level.'' 

Mubasher Contribution Time: 25-Feb-2019 10:18 (GMT)
Mubasher Last Update Time: 25-Feb-2019 10:18 (GMT)