Page 12 - MEOG Week 09 2023
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MEOG PROJECTS & COMPANIES MEOG
NESR inaugurates innovation
centre at Dharan Techno Valley
SAUDI ARABIA NATIONAL Energy Services Reunited Corp. in mind, focusing on technological expansion in
(NESR) this week opened its NESR Oilfield both the core services business and decarbon-
Research & Innovation (NORI) Centre in Saudi isation solutions and partnerships in the ESG
Arabia’s Dharan Techno Valley. Impact segment. The facility is equipped with
The facility will enhance NESR’s ability to solar power and water recycling capabilities to
drive energy sector research and innovation underscore NESR’s commitment to a more sus-
across the MENA region, while also aligning tainable oil and gas future.
with Saudi Arabia’s Vision 2030. Nasir Al-Naimi, Aramco’s executive vice
The NORI facility will feature an artificial president of Upstream, commented that NESR’s
intelligence-based Operational Intelligence lab commitment to building a collaborative, open
that will support multiple segments, including technology platform is powerful testament to its
NESR’s hydraulic fracturing and directional alignment with Saudi Vision 2030 and IKTVA.
drilling product lines. Dr. Muhammad Al-Saggaf, KFUPM president,
NORI will also house the recently acquired praised NESR’s commitment to the KFUPM
W. D. Von Gonten state-of-the-art Reservoir Student Early Employment and Development
Characterisation lab, supporting geological and Programme, hoping to solidify their relationship
geophysical research with a particular focus on with NESR and further strengthen their relation-
unconventional resources in Saudi Arabia and ship by providing skilled graduates to join the job
across the MENA region. Key ESG impact decar- market.
bonisation technologies and research initiatives The NORI facility is a world-class R&D cen-
will also be domiciled in NORI. tre that will connect investment capital to human
The inauguration event was attended by capital and cutting-edge technology develop-
representatives from Saudi Aramco, KFUPM, ment, creating ongoing and future R&D initia-
DTVHC and the Ministry of Energy. NESR tives that will emanate from this state-of-the-art
CEO and chairman Sherif Foda stated that NORI facility.
will deepen NESR’s commitment to in-country NESR’s commitment to building a sustainable
investment in Saudi Arabia and strengthen key oil and gas future will undoubtedly contribute to
strategic initiatives across the entire region. The the growth and success of the industry in the
facility was built with NESR’s long-term strategy MENA region.
P12 www. NEWSBASE .com Week 09 01•March•2023
