NESR And Kuwait Drilling Company Win 4-Year $200M Contract For 80-Well Drilling Campaign In Jordan

National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that, in close collaboration with NESR, Kuwait Drilling Company ("KDC") has secured a campaign award for integrated drilling services and well delivery in Jordan, with estimated $200 million in value over four years.

The eighty (80) well campaign in Jordan builds upon ongoing cooperation between KDC and NESR across several countries, in which the collaboration has employed an innovative business model to deliver cost-effective, high-performance wells by combining best-in-class operational practices and techniques. In this collaboration, KDC provides the rigs and associated drilling services, including mobilization, rig operation, maintenance, logistics, and on-site safety management. KDC's role encompasses the end-to-end drilling execution and coordination with third-party providers, ensuring efficient rig utilization and operational continuity, while NESR deploys services in the well construction scope with a selection of highly complementary services, effectively minimizing waste and non-productive time ("NPT") across the entire project lifecycle.