Jeff Robertson's questions to National Energy Services Reunited Corp (NESR) leadership • Q2 2025
Question
Jeff Robertson asked about Nessar's scale in Algeria following recent contract wins and whether there is broader regional interest in the NEDA segment's pilot projects.
Answer
CEO Sherif Fota stated that recent awards in Algeria provide a runway for significant growth, positioning the country to become a sizable market for Nessar in the >$100 million range annually. Regarding NEDA, Mr. Fota confirmed 100% interest from other countries, emphasizing that the key to widespread adoption is proving the economics of solutions like water treatment and mineral recovery. If the pilots are successful, he expects rapid rollout across the region.