CORRECTION FROM SOURCE: NESR & BECL Announce Inauguration of 'Carbon Light' Brine Plant in North Rumaila Field Iraq [Yahoo! Finance]
National Energy Services Reunited Corp. (NESR)
Last national energy services reunited corp. earnings: 2/26 05:00 am
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nasdaq.com/markets/ipos/company/national-energy-services-reunited-corp-1019322-83240
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Source: Yahoo! Finance
RUMAILA FIELD, IRAQ / ACCESSWIRE / January 25, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced the inauguration of its flagship ‘Carbon Light' oilfield brine plant in North Rumaila. The project and opening ceremony were conducted with BECL operating Rumaila Operating Organization ("ROO") in Iraq. NESR undertook the investment in the ‘Carbon Light' brine plant as part of an existing, long-term brine supply agreement to support ROO operations in North Rumaila. Leveraging partner Clean TeQ's continuous ion filtration and high-recovery reverse osmosis ("RO") technology, the first such deployment globally in the upstream energy sector, NESR & ROO endeavor to re-envision the way that oilfield brine is manufactured, and also substantially reduce water waste and the carbon footprint associated with brine supply. Whereas co
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