NESR starts construction of a major energy facility in Saudi Arabia

Saudi Arabia has marked a significant milestone in its energy sector with the commencement of construction for a cutting-edge industrial facility by National Energy Services Reunited Corp. (NESR) at King Salman Energy Park (SPARK) on April 21, 2025. This new facility, spanning 180,000 square meters, is aimed at enhancing oilfield services and creating numerous job opportunities for the local workforce. NESR's strategic investments will not only boost localized services but also contribute to sustainable energy solutions within the Kingdom, aligning with Saudi Arabia's Vision 2030 objectives. The groundbreaking event took place earlier in February and was attended by prominent industry leaders, which included Nasir K. Al-Naimi of Saudi Aramco and Sherif Foda, NESR's Chairman and CEO. Their strong support emphasizes a unified commitment to innovation and sustainability in the energy sector. This partnership aims to make SPARK a global hub for energy solutions that resonate beyond national boundaries, positively impacting socio-economic parameters within the Kingdom. The construction includes a phased approach, with a focus on utilizing advanced technology for drilling optimization and production enhancement. The first phase involves transitioning NESR's hydraulic fracturing operations to the new facility. This transition leverages artificial intelligence and machine learning techniques designed to increase operational efficiency and minimize downtime. As a pivotal hub for the region, this facility is expected to spearhead technological advancements while offering essential services vital to regional energy demands. Additionally, this facility is consistent with SPARK’s mission to facilitate domestic manufacturing capabilities. Through strategic developments like these, NESR not only anticipates elevating its operations but also aims to develop local talent, significantly contributing to job creation in Saudi Arabia. Ultimately, this initiative symbolizes a broader vision for the Kingdom's energy landscape and an essential step towards a more self-sufficient and innovative energy sector.