# Sherif Foda

> Sherif Foda is the Egyptian founder, chairman and chief executive of National Energy Services Reunited (NESR). A former Schlumberger executive based in Houston, he established NESR in 2017 and built its operating platform through the 2018 combination of Gulf Energy and National Petroleum Services. His work connects international capital with regional oilfield services, research, workforce development and environmental applications.

- **Role:** Chairman of the Board and Chief Executive Officer at NESR
- **Organizations:** National Energy Services Reunited (NESR), Schlumberger (former executive), WDVG Engineering, GLC Energy, Alfanar, Oxford Energy Policy Club
- **Nationality:** Egyptian
- **Education:** BSc, double major in Electronics and Automatic Control, Ain Shams University, Cairo, Executive courses; no degree asserted, Harvard Business School, Executive courses; no degree asserted, University of Oxford, Executive courses; no degree asserted, IMD Business School
- **Known for:** Founded and led the operating combination that created NESR’s regional service platform., Oversaw the development of NORI in Dhahran Techno Valley., Led NESR as it reported second-quarter 2026 revenue of $520.8 million and net income of $44.0 million.

## Career timeline

- **1991** — Graduated from Ain Shams University; subsequently worked in IT and computers for two years.
- **1993** — Joined Schlumberger and worked on offshore Red Sea fields; later transferred to Germany and Eastern Europe.
- **Before 2017** — Held Schlumberger roles including President of the Production Group, President of Europe and Africa, worldwide well intervention leadership, Arabian market management and Senior Advisor to the Chairman.
- **2015** — Appointed an Alfanar director on November 20.
- **2017** — Founded NESR; its SPAC IPO was completed on May 17.
- **2018** — NESR completed its combination with Gulf Energy SAOC and National Petroleum Services on June 6.
- **2023** — NORI research center held its grand opening in Dhahran on February 22.
- **2024** — NESR settled SEC reporting, accounting and controls charges in August and re-established its Nasdaq listing on October 22.
- **2025** — A subsequent filing reported that the CEO certified completion of SEC settlement non-monetary undertakings during the third quarter.
- **2026** — Discussed a planned direct lithium extraction demonstration project with Saudi Aramco in October.

## Achievements

- Founded and led the operating combination that created NESR’s regional service platform.
- Oversaw the development of NORI in Dhahran Techno Valley.
- Led NESR as it reported second-quarter 2026 revenue of $520.8 million and net income of $44.0 million.
- Developed a company reporting more than 7,000 employees from over 60 nationalities in 16 countries in August 2026.

## Latest updates

- **2026-10** — Discussed the planned Saudi Aramco lithium demonstration project at the WPC Energy Congress; the announced target is 2,000 tonnes of battery-grade lithium carbonate annually, with production scheduled for late 2027.
- **2026-09** — NESR published links to his Bloomberg Pulse appearance and a podcast discussion about founders becoming CEOs on September 29.
- **2026-08** — NESR released Q2 results on August 10; Foda discussed supply resilience and regional operations in an August 3 interview.

## Links

- Website: https://www.nesr.com/
- LinkedIn: https://www.linkedin.com/in/sherif-foda-483b431

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Profile page: https://yespress.io/sherif-foda
Published by YesPress — https://yespress.io
Last updated: 2026-10-24