Mubasher: Kuwait Oil Company (KOC) has awarded a five-year contract at a value of $100 million to the US-based National Energy Services Reunited Corp. (NESR).
Under the agreement, NESR will provide mining, drilling, and maintaining services for KOC, according to a statement.
This deal is expected to boost NESR’s position and business in Kuwait, CEO and board of directors’ chairman Sherif Foda stated.
NESR was established during 2017 and it provides various services for oil fields in the Middle East and North Africa (MENA) region, Asia, and the Pacific Ocean.
