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NESR seals $300mln Saudi Aramco fracturing contract

National Energy Services Reunited Corporation (NESR), a global industry-leader in provision of integrated energy services in the Middle East and North Africa (Mena) region, has announced that the company has been awarded one of the major contracts for integrated rig-less stimulation and testing services (Conventional Fracturing) across Saudi Arabia.

These contracts, worth approximately $300 million are for a total period of three years with an option for a further extension of two years, said a statement from NESR.

NESR CEO and Chairman Sherif Foda said: "We were the first national service providers in the region to successfully execute multiple integrated stimulation projects across the region and we are extremely proud to have been selected among a short list of service providers for this flagship fracturing award."

Read the full story at Zawya