National Energy Services Reunited (NESR) is an oilfield services company focused exclusively on the MENA region. NESR provides services across the full well lifecycle — drilling, completion, and production — to national oil companies, integrated oil majors, and independent operators. Saudi Arabia is the largest market, accounting for roughly half of revenue, followed by Kuwait, Oman, UAE, Iraq, Algeria, Egypt, and Libya. NESR operates through two segments: Production Services (hydraulic fracturing, coiled tubing, cementing, stimulation, artificial lift) and Drilling and Evaluation Services (rigs, directional drilling, drilling fluids, wireline logging). NESR also has a nascent environmental unit, NEDA, pursuing produced water treatment and mineral extraction, though it is not yet material to revenue. NESR's marquee project is the Jafurah unconventional gas development in Saudi Arabia — the largest single OFS contract in sector history, per management — where NESR is the sole winner of the committed frac scope. NESR makes money through multi-year, competitively tendered contracts priced on a per-service or per-stage basis, with revenue driven by activity levels, service mix, and operational throughput. NESR's growth strategy centers on winning new tenders across Kuwait and North Africa, expanding its proprietary Roya™ directional drilling platform, and positioning itself as the leading OFS provider for MENA unconventional gas development.