National Energy Services Reunited completed an investment in SALTTECH.

National Energy Services Reunited, a provider of integrated energy services in the Middle East and North Africa, completed an investment in SALTTECH, a Dutch provider of industry-leading thermal desalination technology. Financial terms were not disclosed. "NESR and Salttech are already several years into the exploration of implementing Dyvar® as a circular water & mineral solution, and are the first to have validated this concept in the field with our largest customer. This acquisition not only signifies the technical acceptance of the Dyvar® in our industry, but also underscores NESR's commitment to bringing leading water technologies into the region to help solve the massive water challenges of MENA. In conjunction with optimizing and scaling up the Dyvar®, our vision with this investment is to domicile in Saudi the manufacturing, ongoing research, and training of national talent to truly localize the Dyvar® in the Kingdom and across the region. We are especially pleased to announce our deepening partnership concurrently with our participation at the Future Investment Initiative 8 (FII) forum, ongoing in Riyadh," Sherif Foda, NESR Chairman & CEO.