National Energy Services Reunited Corp. Changes Auditors, Appoints PwC

What Happened
National Energy Services Reunited Corp. (NESR) filed an 8-K on August 10, 2026 (decisions made August 4, 2026) announcing changes to its independent auditors. The Audit Committee completed a competitive tender and approved dismissal of Grant Thornton Audit and Accounting Limited (Dubai Branch) (GT), effective upon GT’s completion of the audit for the year ending December 31, 2026. The Audit Committee also appointed PricewaterhouseCoopers Limited Partnership Dubai Branch (PwC) as NESR’s independent registered public accounting firm for the audit of the fiscal year ending December 31, 2027.

Key Details

• Audit Committee initiated a competitive tender in Q2 2026 due to required rotation of the lead audit engagement partner.
• GT will complete the 2026 audit; dismissal is effective after that audit is finished. GT’s reports for 2024 and 2025 were unmodified and contained no disagreements with the company through August 4, 2026.
• NESR previously disclosed a material weakness in its 2024 Form 20-F related to "tone at the top" and internal control structure; that weakness was remediated during the year ended December 31, 2025.
• PwC was appointed for the 2027 audit and has not previously consulted with NESR on accounting or auditing matters for 2024–2026. NESR authorized GT to respond to PwC’s inquiries about the prior reportable event.

Why It Matters
A change of independent auditor is a governance and control event investors should note. GT will finish the 2026 audit, so near-term financial reporting timing is unchanged, while PwC will handle the 2027 audit going forward. The filing confirms past audits were unmodified and that a previously disclosed material weakness was remediated in 2025, which is relevant to assessing NESR’s financial controls and reporting reliability.