About NESR
NESR is a company based in Houston (United States) founded in 2017. It operates as a Professional Services. NESR has completed 1 acquisition, including SAPESCO. NESR offers products and services including Production Services, Drilling & Evaluation Services, and Decarbonization Technologies.
- Headquarter Houston, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name National Energy Services Reunited Corp.
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Annual Revenue
$1.3 B13.6as on Dec 31, 2024
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Net Profit
$76.31 M506.6as on Dec 31, 2024
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EBITDA
$280.49 M25.82as on Dec 31, 2024
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Latest Funding Round
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Investors
Waha Capital
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of NESR
NESR offers a comprehensive portfolio of products and services, including Production Services, Drilling & Evaluation Services, and Decarbonization Technologies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services are provided for oilfield production enhancement.
Drilling and evaluation services are offered expertly.
Innovative decarbonization technologies are developed for sustainability.
Funding Insights of NESR
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - NESR | Valuation | Waha Capital |
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| Jun, 2017 | Amount | Seed - NESR | Valuation | SCF Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NESR
NESR has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Waha Capital and SCF Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed across multiple sectors.
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Founded Year | Domain | Location | |
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Provides capital, strategy, and network to energy entrepreneurs for building companies globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NESR
NESR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SAPESCO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Oil and gas exploration, industrial, and tools services are provided.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NESR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nesr Comparisons
Competitors of NESR
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nesr
Frequently Asked Questions about NESR
When was NESR founded?
NESR was founded in 2017.
Where is NESR located?
NESR is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What is the annual revenue of NESR?
Annual revenue of NESR is $1.3B as on Dec 31, 2024.
What does NESR do?
NESR, officially known as National Energy Services Reunited Corp., is involved in delivering comprehensive oilfield services, including production and drilling evaluation services, primarily in the Middle East and North Africa region. The company operates across 16 countries, serving over 25 exploration and production companies. Additionally, NESR is committed to sustainability through innovative decarbonization technologies and environmental stewardship. Research and development efforts are focused on bridging knowledge with actionable solutions for sustainable energy practices.
What products or services does NESR offer?
NESR offers Production Services, Drilling & Evaluation Services, and Decarbonization Technologies.
How many acquisitions has NESR made?
NESR has made 1 acquisition, including SAPESCO.
Who are NESR's investors?
NESR has 2 investors. Key investors include Waha Capital, and SCF Partners.