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NESR Awarded $200 Million in New Slickline Contracts Across Multiple Countries

1. NESR secures $200 million in new Slickline contracts in Kuwait and Oman. 2. These contracts support growth in NESR's Drilling & Evaluation segment.

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FAQ

Why Bullish?

The $200 million contracts indicate strong demand and future revenue growth, which typically boosts investor confidence.

How important is it?

Large contract awards directly correlate with revenue potential and can significantly impact NESR’s stock performance.

Why Long Term?

The multiyear nature of the contracts ensures revenue stability and growth for several years.

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HOUSTON, TX / ACCESS Newswire / April 29, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR)(Nasdaq:NESRW) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced multiple, five-year Slickline contract awards in Kuwait and Oman. Totaling US$200 million, the multiyear contracts represent new awards in a key growth service line within NESR's Drilling & Evaluation ("D&E") segment.

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