Newsco International Energy Services USA Inc., (“NEWSCO”)
Acquired by Sawafi in April 2021, Newsco International Energy Services USA Inc., (“NEWSCO”), is a leader in measurement while drilling (MWD) and directional drilling to the oil & gas industry. Headquartered in Texas , USA, Newsco offers directional drilling products and services, including proprietary drilling motors and MWD / gamma ray equipment. Drilling technologies include linear mud pulse drivers, rotary mud pulse, custom drilling optimization software and top mounted rotary mud pulse drivers. Through its Telemetrix subsidiary, NEWSCO manufactures and assembles MWD tools for its own use and other directional drilling companies. Proprietary equipment and technology is protected through Newsco’s IP portfolio.
Sawafi Borets is a Joint Venture (JV) between Sawafi and Borets International, the world’s leading producer of electric submersible pump systems (ESPs), specializing in the engineering, manufacture, sales, and service of electric submersible pump systems (ESPs).