May 15, 2018 - 12:05 AM EDT
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UPDATE: National Petroleum Services (NPS) wins major contracts across the Middle East

DUBAI, May 15, 2018 (GLOBE NEWSWIRE) -- National Petroleum Services (NPS) today announced awards of major testing services contracts in the Middle East and North Africa, further consolidating its position as a leading testing services player in the region. NPS will provide surface well testing services for both the rigs and rigless activities for duration between three to five years.

These awards which can be valued up to $200 million will allow NPS to demonstrate its commitment to deliver increased efficiency levels, implement latest technologies as well as enhance processes for clients in the region, while maintaining the highest safety standards at all times. 
Management of NPS  commented that these milestones signify the belief of our customers in our ability to step up to the challenge of delivering this significantly increased scope of work and adding new technologies while maintaining best in class service delivery. 

About NPS
NPS group is one of the largest regionally-owned oil, gas and petrochemical services provider in the Middle East delivering drilling, customized well services and support to customers in the Middle East, North Africa & Far East Asia. NPS provides its distinctive customer solutions through 20 subsidiaries and branches. Service lines include well services, electric line logging, well testing, and integrated drilling and work over operations. NPS is recognized for both product quality and service deliverability and is widely engaged by leading operators around the world. Today NPS provides high quality services with its modern fleet of equipment to operations spanning across Bahrain, India, Indonesia, Iraq, Libya, Malaysia, Oman, Saudi Arabia, Algeria, Qatar and the United Arab Emirates. Global in vision and rooted in regional values, NPS is now able to readily compete with larger international service providers in these important markets. NPS is driven by a performance ethic pegged on value creation for its multiple shareholders and anchored by a dedicated workforce of approximately 2100 employees comprised of 40 different nationalities.  NPS is growing strongly through strategic alliances, well planned mergers and acquisitions, key agent selection, and by building long-term service relationships, all the while supported by state of the art drilling rigs and well services equipment.

In November 2017, National Energy Services Reunited Corp. (NASDAQ:NESR), subject to its shareholders approval, agreed to acquire NPS and Gulf Energy Services in a transaction to form the first NASDAQ listed national oilfield services player in the Middle East, North Africa and Asia region.

Contact info

Office 2707 Tiffany Tower, Cluster W
Jumeirah Lakes Towers
P.O. Box 346036, Dubai, UAE
Tel. +971 4 448 43 88
Fax +971 4 435 57 60
Email: [email protected]

Source: GlobeNewswire (May 15, 2018 - 12:05 AM EDT)

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