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NESR, Aramco Sign Agreement for Lithium Project in Saudi Arabia

Provided by Dow Jones Oct 8, 2026, 10:51:00 AM

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 06:51 ET (10:51 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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