r/MiddleEastNews - NESR wins $300mn fracturing contract in Saudi Arabia

NESR (National Energy Services Reunited Corporation) has been awarded a major contract for integrated rig-less stimulation and testing services across Saudi Arabia by Saudi Aramco.

The contracts are worth approximately $300mn, and are for a period of three years with an option to extend for another two years, according to a statement from NESR. It will cover fracturing, testing, wireline, coiled tubing, slickline services and all associated chemistry, logistics and site services to conduct these operations.

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