Gulf Energy, an affiliate of National Energy Services Reunited (NESR), has secured multiple contract extensions worth $100 million from several clients, NESR said in a statement.
The new contracts range in duration for different clients and reflect the strong mutual trust with the client base in an improving oilfield services landscape, NESR said.
Gulf Energy currently works with almost all of the major energy operators in Oman including Petroleum Development Oman (PDO), BP, Occidental Petroleum Corporation, ARA Petroleum Oman B44 Limited, Medco Energi, OQ, CC Energy Development (CCED) and PetroTel Oman.