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National Energy Services Reunited

#5210

Rank

$1.44B

Marketcap

US United States

Country

National Energy Services Reunited
Leadership team

Mr. Thomas D. Wood (Independent Director)

Mr. Sherif Foda (Exec. Chairman & CEO)

Mr. Stefan Angeli (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
2017
Company Registration
SEC CIK number: 0001698514
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
NESR
Overview
Location
Summary
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems. It also provides production assurance chemicals; laboratory services; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources, treats, and disposes water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rig services; fishing and remedial solutions; directional and turbines drilling services; drilling fluid systems and related technologies; wireline logging services; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from a well, as well as rents drilling tools. It also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.
History

NesR was founded in 1987, and has grown to become one of the largest energy-services providers in North America. NesR provides energy-related services and products to residential, industrial, commercial and public customers in the United States, Canada and Mexico. In 2011, NesR acquired the assets of National Energy Services, giving the company a presence in 28 US states, 4 Canadian provinces and 4 Mexican states. NesR currently employs over 4,000 people across its operations.

Mission
Our mission is to be a leader in the energy services industry, providing superior products and services to our customers, while delivering superior financial results.
Vision
Our vision is to be the number one energy services company in North America, providing the best products and services to our customers. We will achieve this through innovative and cutting-edge technologies, strong partnerships, and a commitment to our customers, employees, and the environment.
Key Team

Mr. Salih Merghani (VP of Operations)

Mr. Blake Geelhoed Gendron (VP of Investor Relations & Bus. Devel.)

Ms. Cathy Konwisarz (Gen. Counsel & Corp. Sec.)

Hani Almaimani (VP of Arabian Region)

Mr. Dhiraj Dudeja (Chief Commercial Officer)

Ms. Sahar Badran (Head of Legal)

Ms. Haya Kablawi (Corp. Financial Controller)

Recognition and Awards
NesR has been recognized for its efforts in energy efficiency and sustainability, having been awarded the Regional Environmental Leader Award in 2012. In addition, the company was recently named one of the Most Admired Companies in the energy services sector by Platts Global Energy Awards. NesR has also been recognized for its commitment to safety, having received the Safety Excellence Award from the National Safety Council in 2011.
References

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National Energy Services Reunited
Leadership team

Mr. Thomas D. Wood (Independent Director)

Mr. Sherif Foda (Exec. Chairman & CEO)

Mr. Stefan Angeli (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
2017
Company Registration
SEC CIK number: 0001698514
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
NESR