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NESR launches ROYA and NEDA platforms at IPTC 2024

Sherif Foda. (Image source: NESR)

Event News

At the International Petroleum Technology Conference (IPTC) taking place in Dhahran from 12-14 February, NESR has launched its ROYA advanced drilling platform and its NESR Environmental & Decarbonization Applications (NEDA) segment 

The NEDA segment encompasses a growing portfolio of solutions that were previously launched under NESR ESG Impact.

Sherif Foda, chairman & chief executive officer commented, "We are honoured to launch our key strategic technologies during the prestigious IPTC held in Dhahran and hosted by our esteemed customer, Aramco. 

“Our ROYA platform of advanced drilling technologies, comprised of a rotary steerable (RSS) RoyaSteer, measurement-while-drilling (MWD) tool RoyaStream, and logging-while-drilling (LWD) tool RoyaSeek, paves the way for NESR to participate in all high-end drilling opportunities. 

Decarbonisation fundamental

“Additionally, our new segment NEDA, translated from Arabic as "call to action", signifies our belief that decarbonisation of the sector is fundamental to the success of the energy industry.”

Foda reported that the company has made great progress with the recent inauguration of a Carbon-Light Brine facility in Iraq, and also in completing two successful water zero liquid discharge (ZLD) projects with Aramco. 

“Now is the time to pursue scalable projects across all NEDA subsegments, including water treatment, flare management, heat capture, and emissions detection. We are very excited about the future of the company and the richness of our portfolio in both core businesses and in our decarbonisation efforts."