National Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, announced its winning position as part of Aramco’s tender for completion services in Jafurah and other Unconventional plays within the Kingdom over a five-year term.
The contract involves a significant mobilization of completion services and a broad scope-of-work, which is expected to support the next phase of growth of unconventional gas development, as part of the Kingdom’s ambitious Vision 2030 plan of energy diversification. Over the course of the Unconventional contract, drilling and completion activity may trend higher than current activity levels, in support of the project scale and production targets.
NESR CEO & Chairman Sherif Foda commented, “The Jafurah development is a significant project through which the Kingdom has contributed to improving the blueprint for successful unconventional resources development worldwide, in every aspect from the start to today. In developing a data-informed approach across both exploration and development, and the factory drilling and completion of wells, Aramco has demonstrated advanced optimization. NESR initiated operations in Jafurah back in 2019, with the initial, large-scale deployment of our frac capabilities, which contributed to improvement in stage delivery and continuous record-setting results. Today, our efficiency remains competitive even with the best of US shale operations, supported in part by our agile adoption of new technologies and processes. We are extremely proud of our partnership with Aramco and look forward to enhancing our competitive integrated frac operations. I am proud to call Jafurah a cornerstone achievement for NESR, an award upon which we will continue to build the company and give back to the Saudi energy ecosystem, its people, and our communities.”
