National Energy Services Reunited Corp.

National Energy Services Reunited Corp. (NESR) is one of the largest oilfield services providers in the Middle East and North Africa (MENA) region, serving oil and natural gas companies. The company's business primarily involves upstream and midstream oilfield services. NESR generates revenue from two main service categories. Production Services include hydraulic fracturing, coiled tubing, stimulation and pumping, cementing, nitrogen services, filtration services, pipelines and industrial services, production assurance, artificial lift services, completions, and integrated production management. Drilling and Evaluation Services encompass rigs and integrated services, fishing and downhole tools, thru-tubing intervention, tubular running services, directional drilling, drilling and completion fluids, pressure control, well testing services, wireline logging services, and slickline services. NESR operates significantly across the MENA region, with operations in Saudi Arabia, Oman, Kuwait, United Arab Emirates (UAE), Iraq, Algeria, Egypt, and Libya. The company was formed in January 2017 and filed for its initial public offering in May 2017. NESR expanded its operations through several acquisitions, including NPS Holdings Limited and Gulf Energy S.A.O.C. on June 6, 2018. Its NPS subsidiary further acquired Sahara Petroleum Services Company S.A.E. on June 1, 2020, and specific oilfield service lines of Action Energy Company W.L.L. on May 5, 2021. On July 1, 2022, NESR acquired a minority stake in W. D. Von Gonten Engineering LLC, a Reservoir Characterization and Geological & Geophysical laboratory and consulting business.