Saudi Aramco awardes multi-billion dollar contract to National Energy Services

National Energy Services (NESR) Reunited 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.