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HOUSTON, TX / ACCESSWIRE / August 11, 2020 / National Energy Services Reunited Corp. (“NESR” or the “Company”) (NASDAQ: NESR) (NASDAQ: NESRW), a leading domestic provider of energy incorporated in the Middle East and North African Regions (“MENA”) and Asia-Pacific, today announced several contract awards to the United Arab Emirates (UAE) worth up to $100 million for coiledArray nitrogen and stimulation during a 3-year era with two optional one-year extensions.
NESR is pleased to further consolidate its presence in the United Arab Emirates, one of our founding countries in the Middle East and where we have a long history and deep roots. These awards allow us to increase our contributions to the UAE economy by recruiting and educating local skills and expanding our investments in the UAE. NESR continually seeks to expand its presence as an active player in the National Value In the Country Program (ICV), “said Sherif Foda, president and CEO of NESR. Mr. Foda added, “I would like to thank our UAE consumers for their acceptance as true at NESR, and we look to the future to offer them amazing services.”
About National Energy Services Reunited Corp.
Founded in 2017, NESR is one of the largest domestic oil suppliers in the MENA and Asia-Pacific regions. With more than 5,000 employees representing more than 60 nationalities in more than 15 countries, the company is helping its consumers unlock the full perspective of their reservoirs through the production offering such as hydraulic fracturing, cementing, spiral tubes, filtration, supplements, stimulation, pumping. nitrogen. Services. The company is also helping consumers access their tanks smarter and faster by offering drilling and evaluations, such as hollow drilling tools at the rear, directional drilling, fishing tools, test cables, steel lines, drilling fluids and drilling.
Forward-looking statements
This includes prospects (as explained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All messages involved in this communication that are not of an ancient fact would possibly be considered as messages of the future. Terms such as “possibly,” “could,” “could,” “should,” “could,” “project,” “estimate,” “predict,” “potential,” “strategy,” “anticipate,” “try,” “”develop”,” “develop”, “help”,” “believe”, “continue”, “pretend”, “expect”, “long term”, “long-term” and similar import terms (including the negative of any of those terms). not all leads may involve one or more of these identifying terms. The prospects involved in this communication would possibly include, but are not limited to, those related to the profits resulting from the Company’s recent business combination, management’s long-term plans and objectives or consistent with projections of gains or losses consistent with shares, capital expenses, dividends, capital disposition or other monetary elements Arrange the Company’s long-term money expansion plans and opportunities, and the underlying assumptions or similar to such An agreement
Forward-looking statements are not intended to expect or guarantee actual effects, functionality, occasions or cases and would possibly not be known, as they are based on the Company’s existing projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of threats and insecurities and other influences over which the Company has no control. The actual effects and timing of certain occasions and cases may differ materially from those described in the forward-looking statements as a result of these threats and insecurities. Factors that would possibly influence or contribute to the accuracy of forward-looking statements or cause actual effects to differ materially from expected or desired effects would possibly include, not limited to: the ability to recognize the expected benefits of the company’s recent business combination, which would possibly be affected, among other things, by the value of oil, herbal fuel, herbal fuel liquids, competition, the company’s ability to integrate acquired businesses, and the combined business’s ability to grow and manage expansion cost-effectively; Relevant integration pricing with the company’s recent business mix; Estimates of the company’s long-term income, expenditure, capital needs and financing needs; The threat of judicial cases and prosecutions and government investigations; The monetary functionality of the company. Success in withholding or hiring, or mandatory changes, between company executives, key workers or directors; Current and long-term government regulations; Developments similar to the Company’s competitors; Changes in applicable laws or regulations the option that the Company may be adversely affected by other economic and market conditions, i.e. prolonged periods of low oil and fuel value, political unrest, war, terrorist acts, crises and threats to public fitness, adding threats relevant to the COVID-19 epidemic, ongoing movements through companies and governments, and significant disruptions resulting in foreign economies, foreign monetary and oil markets, fluctuations in foreign currencies, industry and/or competitive factors; and other threats and insecurities set forth in the Company’s recent Annual Maximum Report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”).
You are warned not to mistrust forward-looking statements due to threats and uncertainties related to them and threat factors. The Company disclaims any legal liability to update any forward-looking statements contained in this communication to reflect any long-term or long-term data, occasions or circumstances, as required by law. You should read this communication along with other documents that the Company may register or supply from time to time to the SEC.
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Christopher Boone or Dhiraj Dudeja National Energy Services Reunited [email protected]
SOURCE: National Energy Services Reunited Corp.
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