NESR, Aramco Sign Agreement for Lithium Project in Saudi Arabia

Dow Jones2026/10/08 10:36

By Kelly Cloonan National Energy Services Reunited have signed a five-year contract valued at up to about $200 million to work on Aramco's lithium project in Saudi Arabia. The oilfield services provider said Thursday the agreement will make use of its pre-treatment, direct lithium extraction and carbonation technology portfolio alongside Aramco's subsurface expertise. The project aims to produce 2,000 tons per annum of battery-grade lithium carbonate. Commissioning and start of production are planned for late 2027. Write to Kelly Cloonan at kelly.cloonan@wsj.com (END) Dow Jones Newswires October 08, 2026 06:36 ET (10:36 GMT)

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