NESR Secures $200 Million Slickline Contracts in Kuwait and Oman, Expanding Regional Footprint

National Energy Services Reunited Corp. (NESR), a leading provider of integrated energy solutions across the Middle East and North Africa (MENA), has announced the award of several five-year Slickline service contracts in both Kuwait and Oman. The total value of these long-term contracts exceeds USD 200 million, marking a major step forward in the company’s Drilling & Evaluation (D&E) operations.

These new contracts represent a strategic expansion in one of NESR’s fastest-growing service lines—Slickline—within its D&E segment. They also align with the company's broader vision of extending its successful service offerings, such as Cased Hole Wireline and Surface Well Testing, across the entire MENA region. This move strengthens NESR’s “portfolio pull-through” strategy, where proven service excellence in one country is replicated across others, especially in the expanding rigless operations market.

Strengthening Regional Leadership

Sherif Foda, Chairman and CEO of NESR, highlighted the significance of this achievement, stating,

“These new Slickline contracts in Kuwait and Oman reinforce our growing leadership in high-demand evaluation services across the MENA region. Our goal has always been to scale our proven capabilities beyond strongholds like Saudi Arabia and Egypt. Successfully entering two more key markets is a proud milestone for us.”

Foda further emphasized that this development not only increases NESR’s project volume but also adds valuable geographic diversity to its Slickline operations. With this expansion, NESR solidifies its position among the top three Slickline service providers in the region—strengthening its competitive edge and unlocking new growth opportunities.

A Major Step Toward Regional Growth

This contract win demonstrates NESR’s commitment to innovation, performance, and customer-centric solutions in the energy services sector. The company continues to push forward with its mission to deliver world-class services while expanding its presence across vital MENA markets.