NESR signs $200M five-year contract for Aramco lithium project in Saudi Arabia

NESR has signed a five-year contract worth up to $200 million to support Aramco's lithium project in Saudi Arabia. This marks a notable expansion of Aramco's diversification into critical minerals, aligning with Saudi Arabia's strategy to secure supply chains for energy transition technologies. The contract signals growing investment in lithium extraction in the region, though project scale and timeline remain undisclosed.