This could be good. Depends how effective and economical the HIROX® Water Recovery Plant performs: "New technologies such as HIROX® aim to enhance the recovery of larger volumes of purified water, and HIROX® has produced extraordinary water recovery in this project without the use of bulk imported chemicals."
NESR has large international presence..
"The contract for the delivery of this project, signed in August 20211 with National Energy Services Reunited Corp (‘NESR’), is the first treatment plant to be delivered as part of the 5-year Distribution agreement between NESR and the Company. NESR is one of the largest oilfield services providers in the MENA (Middle East and North Africa) and Asia Pacific regions."
CNQ Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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