Gulf Energy SAOC explained

Gulf Energy SAOC (GES), an affiliate of National Energy Services Reunited (NESR), is an oilfield services company in the Middle East and North Africa region. GES is one of the largest oil companies in Oman, and has additional operations in Kuwait,^[1] Saudi Arabia and Algeria.

History

In November 2017, US-based National Energy Services Reunited Corp. (NESR) announced it will acquire GULF Energy SAOC, as well as National Petroleum Services.^[2] The acquisition was completed in June 2018.^{[3] [4]}

In November 2019, the company opened its first manufacturing facility for cementing and casing accessories in Oman, in order to support its operations in the country.^[5]

Gulf Energy currently works with almost all of the major operators in Oman including Petroleum Development Oman (PDO), Occidental Petroleum (OXY), PTT Exploration and Production (PTTEP), MEDCO, Petrogas E&P and Daleel Petroleum.

Notes and References

1. Web site: Gulf Energy SAOC makes successful foray in Kuwait . May 17, 2018 . GlobeNewswire . 3 April 2020.
2. Web site: Houston-based blank-check co. to form oil field services company in $1B deal . November 13, 2017 . Houston Business Journal . 3 April 2020.
3. Web site: National Energy Services Reunited Corp. Announces the Completion of Its Business Combination With Gulf Energy SAOC and National Petroleum Services . June 7, 2018 . GlobeNewswire . 3 April 2020.
4. Web site: NESR completes combination with Gulf Energy, National Petroleum Services . June 11, 2018 . arabianindustry.com . 3 April 2020.
5. Web site: Oman Inaugurates First Manufacturing Plant . November 19, 2019 . 3 April 2020.