National Energy Services Reunited Corporation (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa region, has announced that the company has been awarded an integrated production services contract by Cairn Oil & Gas for a project in India. 

 

Commencing in Q3 this year, the contract scope spans coiled tubing, high-rate pumping, wireline, TCP, slickline, thru-tubing services, well testing, wellhead maintenance, heating services, completion fluids and equipment, hydraulic fracturing and stimulation chemicals, which underscores NESR's augmented integrated service delivery capabilities across a broad production services portfolio. 

 

According to NESR, the project is focal to Cairn's energy supply growth across the Rajasthan assets Mangla, Bhagyam, Aishwarya, Barmer Hill & Satellite fields. 

 

Furthermore, the contract will underpin significant investment and in-country value creation in India, as NESR aims to bolster the domestic energy services industry while delivering on this broad service scope, it added.

 

NESR CEO & Chairman Sherif Foda said: "Anchor contract awards like this one from our esteemed partners at Cairn Oil & Gas are crucial to our continued investment in growth beyond our core GCC footprint. With this significant integrated Production Services award, NESR has achieved critical scale in India, with the multi-year growth visibility to be able to invest in local people, equipment, and next-generation upstream technologies, including key decarbonization technologies that will support sustainable energy expansion in the country."

 

"NESR understands the utmost importance of ICV creation and is uniquely positioned to invest domestically aligned with the company's localization strategy," he stated.

 

Commending the partnership, Prachur Sah, Deputy CEO, Cairn Oil & Gas, said: "At Cairn, we are firmly set on our target of doubling capacities and contributing 50% to India's domestic production. We are delighted to commence this new partnership with NESR." 

 

"This partnership is another firm step in our goal of augmenting production in the country. NESR is an industry leader in providing energy technology services and will help us further our commitment to fulfilling India's energy security needs. Technology intervention in our most prolific fields in Rajasthan will help fully actualise their underlying potential. We look forward to our partnership with NESR to enhance production from our existing wells across Rajasthan block," he added.-TradeArabia News Service