National Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced that the company has been awarded one of the major contracts for Testing Services (“Testing”) in Abu Dhabi from ADNOC Onshore.
These contracts, worth USD $169 million for surface testing over up to five years, will deploy best-in-class technologies while minimizing environmental impact and support ADNOC’s flagship in-country value (ICV) program.
NESR CEO & Chairman Sherif Foda commented, “We are extremely proud to have been selected among a short list of service providers for this momentous testing award, which greatly enhances our footprint in UAE and allows us to demonstrate our latest technology to support the UAE vision of oil production capacity expansion to 5mmbpd by 2030, while also reducing the overall carbon footprint. Under the wise leadership of UAE, and the clear commitment of ADNOC to tackle the challenges of climate change through ambitious net zero initiatives, we believe our company is optimally positioned to both bring innovative solutions to testing operations, and also support UAE’s flagship in-country value emphasis across its energy industry.”
Mr. Foda continued, “The elimination of flaring during testing operations is a critical fulcrum with which the oil & gas industry can drastically decarbonize and significantly lower the footprint of its energy production. Moreover, we believe that the technology landscape is rapidly evolving to be able to harness waste gas and condensate for incremental energy generation and even the production of critical industrial and petrochemical feedstocks. This testing contract affords us even greater opportunity to drive these technological advancements ahead, in close collaboration with our esteemed, forward-thinking customer in Abu Dhabi.”
