NESR Breaks Ground on 180,000 sq m Facility at King Salman Energy Park to Advance Energy Localisation and Innovation

Representational image. Credit: Canva

King Salman Energy City (KSBC) has announced the groundbreaking of a 180,000-square-metre facility by National Energy Services Reunited (NESR) within the King Salman Energy Park (Spark), marking a significant step toward advancing Saudi Arabia’s energy localisation and innovation goals.

According to a KSBC , the project underscores NESR’s commitment to supporting the localisation of the Kingdom’s energy sector, while driving innovation and sustainability in alignment with Saudi Vision 2030.

The facility is set to play a key role in strengthening local capabilities and fostering industrial development in the energy services sector, aligning with broader national objectives of economic diversification and technological advancement.

Established in 2017, NESR is one of the largest national oilfield services companies operating across the Middle East, North Africa, and Asia Pacific regions. It holds the distinction of being the first national energy company from the MENA region to be listed on the Nasdaq.

The development at Spark represents a strategic move in building advanced infrastructure to support energy transformation, creating opportunities for job growth, knowledge transfer, and greater private sector participation in Saudi Arabia’s evolving energy ecosystem.

 

  • Related Posts

    Australia Awards 15 Battery Storage Projects Under CIS Tender 8, Adding 4.2 GW/16.1 GWh Capacity

    Representational image. Credit: Canva The Albanese Government has announced 15 successful large-scale battery energy storage projects under Capacity Investment Scheme (CIS) Tender 8, marking a major step in Australia’s transition…

    B.Grimm Power Subsidiary Acquires Future Green Tech to Expand Solar Power Portfolio

    Representational image. Credit: Canva B.Grimm Power Public Company Limited has announced that its subsidiary, B.Grimm Greenery Company Limited (BGG), has acquired 100% of the shares of Future Green Tech Company…

    Have You Seen?

    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    • June 27, 2026
    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    • June 27, 2026
    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    • June 27, 2026
    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    • June 27, 2026
    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    • June 26, 2026
    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    Chevron Eyes More Deals to Power US Data Centers

    • June 26, 2026
    Chevron Eyes More Deals to Power US Data Centers

    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    • June 26, 2026
    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    • June 26, 2026
    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    Qatar Offers First Crude Loadings to Buyers Since War Began

    • June 26, 2026
    Qatar Offers First Crude Loadings to Buyers Since War Began

    China’s Crude Imports Set to Hit Weakest Level Since 2016

    • June 26, 2026
    China’s Crude Imports Set to Hit Weakest Level Since 2016