Chairman’s Message

Chairman’s Message

Chairman

Once again we endorse our commitment to build and sustain the leadership position in the oil & gas services sector. Our business plan is focused on providing superior and cost-effective petroleum services to a wide range of markets using our advanced technology, the experience of our diverse management team, capital and all available resources.

We will continue to pursue growth through geographic expansion and strategic mergers and acquisitions. Our aim is to profitably expand our services and areas of operations while further developing our existing lines of business. Through organic and non-organic expansion, our worldwide footprint has increased significantly to cover more than 23 countries. Our primary objectives are to increase the volume of services delivered, generate significant revenue growth, continue expansion, identify operating efficiencies and reduce the cost of capital. We believe that these objectives can be achieved by continued adherence to the step-by-step completion of our business plan, which will result in bottom-line financial performance and increased equity value to our shareholders.

NPS stands out in the industry for "zero" lost time injury operation. The foundations of our business are based on the ethical and moral principal of respect for people and the environment. Business wise, we firmly believe in adherence to strong corporate governance in support of our shareholders. All this has helped NPS tremendously in, not only, moulding our dreams into reality but also earning respect from all the industry players.

NPS is committed to recruiting, retaining and developing a diverse team of talented professionals from all over the world. Our team of experienced professionals are dedicated to providing outstanding services and ensuring customer satisfaction in all areas of operation. We are always determined to achieve safe and improved operational records. With the vision and mission that NPS carries, we are moving towards a stronger market position day by day. This trend has been justified by an outstanding increase of over eighty percent growth in the last three successive years.

In order to achieve overall goals effectively, we put great emphasis on Quality, Health, Safety and the Environment. We provide our clients with services which are of the highest professional and technical standards, which comply with QHSE and local statuary requirements. Our dedication and devotion to a safer and cleaner environment is reflected in being awarded accredited certifications such as ISO 9001:2008 "Quality", ISO 14001:2004 "Environment" & OHSAS 18001:2007 "Occupational Health & Safety" which are being applied in all locations of NPS worldwide.

We strongly believe that with the devotion and sincerity of our employees, support of our investors and trust of our clients, we will develop new ventures leading to further progress and prosperity in the years to come. We greatly value our business relationships and look forward to your continued support and interest in the exciting years ahead in making NPS the service company of choice in oil & gas industry.


Abdulaziz M. Aldelaimi
Chairman