By: Zawya

National Energy Services Reunited (NESR), an international provider of integrated energy services in the Mena region, has secured contract awards worth $300 million in Kuwait over five years, covering its Production Services and Drilling & Evaluation segments.

The agreements include a Master Technology Agreement to support deployment of NESR's Open Technology Platform through its in-country research hub.

The company said the contracts will introduce advanced energy technologies tailored to Kuwait's upstream oil and gas sector while strengthening local innovation and research capabilities.

Sherif Foda, NESR's Chairman & Chief Executive Officer, commented: "I am extremely proud of the Ahmadi Innovation Valley, and am personally honored to be one the of the inaugural founders of such a futuristic beacon of technology development in Kuwait, under the visionary leadership of KPC & KOC. We are building a one-of-a-kind research center that will focus on several challenge-specific innovations in multiple disciplines across upstream, sustainability, and unconventional resources. Additionally, the award of our first Joint Operations intervention contract and a surface Well Testing contract with KOC solidify our position as one of the strongest players in the country and ensure that we will continue contributing positively to the Kuwait energy sector well into the future."