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National Energy Services Reunited's Business Segments
National Energy Services Reunited's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
5
Largest Segment
MENA
Total Revenue
$ 404
Regions Reported
-
Revenue Share by Reportable Segment - FY
- MENA0%
- Production Services0%
- Drilling and Evaluation Services87.8%
- VG0%
- Total Reportable Segments0%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| MENA | $ 921 | - |
| Production Services | $ 571 | - |
| Drilling and Evaluation Services | $ 355 | 87.8% |
2 more segments available
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Annual Results
Revenue Share by Reportable Segment - FY
- MENA0%
- Production Services0%
- Drilling and Evaluation Services87.8%
- VG0%
- Total Reportable Segments0%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| MENA | $ 921 | - |
| Production Services | $ 571 | - |
| Drilling and Evaluation Services | $ 355 | 87.8% |
2 more segments available
Sign in to unlock the full National Energy Services Reunited dataset.
Description of National Energy Services Reunited
National Energy Services Reunited Corp (NESR) is a global provider of integrated energy services and solutions. The company offers a wide range of services including drilling and evaluation, well construction and completions, production optimization, and integrated project management.
NESR operates in the Middle East, North Africa, and the Asia Pacific regions, serving both national and international oil companies. The company has a strong presence in countries like Saudi Arabia, UAE, Kuwait, Egypt, and Iraq, where it has established long-term partnerships with key clients.
One of NESR's key strengths is its ability to provide innovative and cost-effective solutions to its clients. The company invests in research and development to develop cutting-edge technologies that help its clients optimize their production and increase their operational efficiency. NESR's technologies include digital solutions, artificial intelligence, and data analytics that enable its clients to make data-driven decisions and improve their overall performance.
In addition to its drilling and well construction services, NESR also offers a variety of other integrated solutions. These include well intervention and stimulation services, production testing, and petrochemical and refining services. The company's comprehensive portfolio allows it to offer end-to-end solutions to its clients, from the exploration stage to the production and refining stages.
NESR is committed to sustainable and environmentally-friendly practices. The company strives to minimize its environmental impact by reducing greenhouse gas emissions, optimizing water consumption, and using environmentally safe drilling and production techniques. NESR also invests in renewable energy projects and actively participates in initiatives aimed at reducing the industry's carbon footprint.
The company's strong financial performance is another reason for its success. NESR has a solid track record of delivering strong revenue growth and profitability. It has a diversified customer base, including oil majors, national oil companies, and independent operators, which helps to mitigate risk and ensures a steady stream of revenue.
NESR also values its employees and places a strong emphasis on safety and employee well-being. The company maintains a high level of safety standards and provides regular training to its workforce. It also offers competitive compensation packages and opportunities for career growth and development.
In summary, National Energy Services Reunited Corp is a global energy services provider with a diverse range of integrated solutions. The company utilizes innovative technologies to help its clients optimize their production and improve operational efficiency. NESR is committed to sustainable practices and places a strong emphasis on employee safety and well-being. With solid financial performance and a strong presence in key markets, NESR is well-positioned for long-term success in the energy sector.
NESR operates in the Middle East, North Africa, and the Asia Pacific regions, serving both national and international oil companies. The company has a strong presence in countries like Saudi Arabia, UAE, Kuwait, Egypt, and Iraq, where it has established long-term partnerships with key clients.
One of NESR's key strengths is its ability to provide innovative and cost-effective solutions to its clients. The company invests in research and development to develop cutting-edge technologies that help its clients optimize their production and increase their operational efficiency. NESR's technologies include digital solutions, artificial intelligence, and data analytics that enable its clients to make data-driven decisions and improve their overall performance.
In addition to its drilling and well construction services, NESR also offers a variety of other integrated solutions. These include well intervention and stimulation services, production testing, and petrochemical and refining services. The company's comprehensive portfolio allows it to offer end-to-end solutions to its clients, from the exploration stage to the production and refining stages.
NESR is committed to sustainable and environmentally-friendly practices. The company strives to minimize its environmental impact by reducing greenhouse gas emissions, optimizing water consumption, and using environmentally safe drilling and production techniques. NESR also invests in renewable energy projects and actively participates in initiatives aimed at reducing the industry's carbon footprint.
The company's strong financial performance is another reason for its success. NESR has a solid track record of delivering strong revenue growth and profitability. It has a diversified customer base, including oil majors, national oil companies, and independent operators, which helps to mitigate risk and ensures a steady stream of revenue.
NESR also values its employees and places a strong emphasis on safety and employee well-being. The company maintains a high level of safety standards and provides regular training to its workforce. It also offers competitive compensation packages and opportunities for career growth and development.
In summary, National Energy Services Reunited Corp is a global energy services provider with a diverse range of integrated solutions. The company utilizes innovative technologies to help its clients optimize their production and improve operational efficiency. NESR is committed to sustainable practices and places a strong emphasis on employee safety and well-being. With solid financial performance and a strong presence in key markets, NESR is well-positioned for long-term success in the energy sector.
National Energy Services Reunited Corp (NESR) is a prominent provider of integrated oilfield services to a variety of energy sectors, particularly within the oil and gas industry. The company is headquartered in Houston, Texas, and serves a diverse set of international markets, primarily in the Middle East and North Africa (MENA) region, as well as in the Americas.
Segments
NESR operates through a few primary business segments, which can generally be categorized as follows:
1. Production Services:
- This segment typically involves services that enhance oil production from existing wells. This includes activities such as production optimization, well intervention, and workover services. The company may utilize advanced technology and methodologies to improve the efficiency and output of oil extraction processes.
2. Drilling Services:
- NESR offers comprehensive drilling services, which may include rig leasing, onshore and offshore drilling operations, well planning, and related engineering services. The company often provides support throughout the drilling lifecycle, ensuring adherence to safety and regulatory standards while achieving operational efficiency.
3. Completion Services:
- This segment may involve the various stages of completing a well for production after drilling is finalized. Services can include cementing, fracturing, and other completion techniques designed to maximize hydrocarbon recovery. Fluid management systems, wellbore cleanout, and various stimulation techniques are often part of this suite.
4. Infrastructure Services:
- This sector covers services related to the development and maintenance of oil and gas infrastructure. NESR might provide solutions that include pipeline construction, transportation solutions, and the setting up of storage facilities. They may also offer maintenance and inspection services to ensure operational integrity and compliance with environmental standards.
Products
NESR provides a broad range of products tailored to serve the needs of their clients in various segments. Some notable offerings include:
- Well Intervention Equipment: Tools and technologies that support maintenance and recovery efforts in oil and gas wells, including coiled tubing, wireline, and pressure control equipment.
- Enhanced Oil Recovery (EOR) Solutions: Products designed to improve oil recovery through various techniques such as gas injection, thermal recovery, and chemical flooding.
- Completion Systems: Advanced technologies designed for efficient well completion, encompassing packers, valves, and other specialized completion hardware.
- Drilling Fluids and Cementing Products: Necessary materials used during drilling operations to stabilize the borehole and secure well completions.
Services
NESRs service offerings combine technology, engineering expertise, and innovative practices in multiple facets of oilfield operations. Key services include:
- Engineering and Consulting Services: Providing clients with expert advice on well design, field development, and operational efficiencies. This may encompass feasibility studies, reservoir management strategies, and data analytics.
- Logistics and Supply Chain Management: Efficient management of the supply chain associated with oilfield operations, ensuring timely delivery of products, and coordination of logistics tailored to client projects.
- Field Services: Direct operational assistance, enabling on-site personnel to manage and execute oilfield operations in a safe and efficient manner. This often includes training and field management support.
- Health, Safety, and Environmental (HSE) Services: Offering consultation and implementation of HSE standards to minimize risks and ensure compliance with relevant laws and regulations.
In summary, National Energy Services Reunited Corp positions itself as a comprehensive provider of integrated oilfield services, with a strong emphasis on enhancing productivity and operational efficiency across various segments of the energy sector. Their services span the entire lifecycle of oil and gas operations—from drilling and completion to production optimization and infrastructure development—catering to a global clientele with tailored solutions and advanced technologies.
Segments
NESR operates through a few primary business segments, which can generally be categorized as follows:
1. Production Services:
- This segment typically involves services that enhance oil production from existing wells. This includes activities such as production optimization, well intervention, and workover services. The company may utilize advanced technology and methodologies to improve the efficiency and output of oil extraction processes.
2. Drilling Services:
- NESR offers comprehensive drilling services, which may include rig leasing, onshore and offshore drilling operations, well planning, and related engineering services. The company often provides support throughout the drilling lifecycle, ensuring adherence to safety and regulatory standards while achieving operational efficiency.
3. Completion Services:
- This segment may involve the various stages of completing a well for production after drilling is finalized. Services can include cementing, fracturing, and other completion techniques designed to maximize hydrocarbon recovery. Fluid management systems, wellbore cleanout, and various stimulation techniques are often part of this suite.
4. Infrastructure Services:
- This sector covers services related to the development and maintenance of oil and gas infrastructure. NESR might provide solutions that include pipeline construction, transportation solutions, and the setting up of storage facilities. They may also offer maintenance and inspection services to ensure operational integrity and compliance with environmental standards.
Products
NESR provides a broad range of products tailored to serve the needs of their clients in various segments. Some notable offerings include:
- Well Intervention Equipment: Tools and technologies that support maintenance and recovery efforts in oil and gas wells, including coiled tubing, wireline, and pressure control equipment.
- Enhanced Oil Recovery (EOR) Solutions: Products designed to improve oil recovery through various techniques such as gas injection, thermal recovery, and chemical flooding.
- Completion Systems: Advanced technologies designed for efficient well completion, encompassing packers, valves, and other specialized completion hardware.
- Drilling Fluids and Cementing Products: Necessary materials used during drilling operations to stabilize the borehole and secure well completions.
Services
NESRs service offerings combine technology, engineering expertise, and innovative practices in multiple facets of oilfield operations. Key services include:
- Engineering and Consulting Services: Providing clients with expert advice on well design, field development, and operational efficiencies. This may encompass feasibility studies, reservoir management strategies, and data analytics.
- Logistics and Supply Chain Management: Efficient management of the supply chain associated with oilfield operations, ensuring timely delivery of products, and coordination of logistics tailored to client projects.
- Field Services: Direct operational assistance, enabling on-site personnel to manage and execute oilfield operations in a safe and efficient manner. This often includes training and field management support.
- Health, Safety, and Environmental (HSE) Services: Offering consultation and implementation of HSE standards to minimize risks and ensure compliance with relevant laws and regulations.
In summary, National Energy Services Reunited Corp positions itself as a comprehensive provider of integrated oilfield services, with a strong emphasis on enhancing productivity and operational efficiency across various segments of the energy sector. Their services span the entire lifecycle of oil and gas operations—from drilling and completion to production optimization and infrastructure development—catering to a global clientele with tailored solutions and advanced technologies.
