NexTier Oilfield Solutions’ subsidiary has recently started operations on a specific opportunity in the Middle East North Africa (MENA) region to support the completion of operations, including the operation of hydraulic fracturing and wireline equipment under the National Energy Services Reunited Corp. (NESR) affiliate agreement
This effort provides NexTier with an exciting growth opportunity and provides NESR with operational technologies and processes for its customers in the region.
The agreement empowers NexTier and NESR to become preferred partners in the various unconventional programmes across the region and well-finished leaders in one of the most prolific geographic regions for oil and gas production.
Robert Drummond, president and CEO of NexTier, said, “We are extremely excited about the opportunity to partner with a company the calibre of NESR to provide completions equipment and services.”
“We look forward to working alongside our new partner and are committed to delivering leading service quality and safety in this new geographic region. This partnership is accretive to our current frac portfolio, is a win-win for both sides, and is an exciting new chapter in NexTier's ongoing evolution,” he added.
Sherif Foda, chairman and CEO for NESR, commented, “NexTier’s track record in the US unconventional land completions for market-leading safety performance, operational efficiency and customer partnership made NexTier our top choice to partner with.
“We are excited to establish this new relationship, and this is in-line with our strategy to bring the latest technology to the region.”