MUSCAT, May 17, 2018 (GLOBE NEWSWIRE) -- Gulf Energy SAOC (Gulf Energy) today announced award of a fishing services for drilling and workover contract with Kuwait Oil Company for a term of 5 years, further consolidating its position as a leading fishing tools and drilling services player in the Middle East and North Africa region. This award will allow Gulf Energy to further consolidate its expansion of its core services in the region and demonstrates its commitment to deliver drilling and fishing services with significant in country value to its customers in the region.
The Chairman of Gulf Energy, Yasser Al Barami commented that these awards highlight Gulf Energy’s ability to grow in new geographies and its deep expertise in the fishing and drilling services which is now being recognized by customers around the area, and to whom I am very thankful for giving us the opportunity to show ourcapabilities.
GES is a provider of high-quality integrated drilling and completions oilfield service solutions in the Middle East and North Africa region, with a workforce of approximately 1,200 people. GES has established relationships with amajority of the operators in Oman as well as with other international clients. As a pioneer in many oilfield services technologies, GES has a successful track record of servicing complexwells.
In November 2017, National Energy Services Reunited Corp. (NASDAQ:NESR), subject to its shareholders approval, agreed to acquire Gulf Energy SAOC and NPS in a transaction to form the first NASDAQ listed national oilfield services player in the Middle East, North Africa and Asia region.
