National Energy Services Reunited (NESR) Announces $300 Million in Cementing Contracts

National Energy Services Reunited Corp. (NESR) has secured approximately $300 million in new cementing contracts with clients in Kuwait and North Africa, strengthening its leading position in the Middle East and North Africa (MENA) region. This announcement follows strong Q4 2025 results and significant contract awards, contributing to a nearly 40% surge in its share price since the start of 2026. CEO Sherif Foda highlighted the strategic importance of these awards for the company’s regional scale and technological advancement.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin