National Energy Services Reunited (NASDAQ:NESR) Corp. (NESR) is an oilfield services company that provides equipment, technology and technical services to exploration and production companies. Its operations support the drilling, completion, production and maintenance of oil and natural gas wells.
NESR’s services are organized primarily around well services and drilling and evaluation. Offerings have included hydraulic fracturing and stimulation, cementing, coiled tubing, well testing, completion services, artificial lift, drilling fluids, directional drilling, wireline, logging and well-inspection services. The company also provides related engineering and field-support solutions designed to improve well performance and recovery.
NESR was established through the combination of regional oilfield-services businesses, including Gulf Energy S.A.O.C. and NPS Holdings Limited, and built its presence across the Middle East, North Africa and Asia. Its operating footprint has included markets such as Saudi Arabia, Oman, the United Arab Emirates, Kuwait, Qatar, Egypt, Algeria, Iraq and Pakistan. Sherif Foda has served as the company’s chief executive officer and has been associated with its development and expansion.
