The Middle East remains volatile, as some countries have struggled with vaccine rollouts. For example, UAE has the highest vaccination rates in the Middle East and one of the highest in the world, allowing for more robust economic recovery, while other countries still have imposed quarantine restrictions, limiting travel in and out of the country. We were recently awarded a new five-year contract supporting on-stream leak-sealing call-out work with a large NOC client in Qatar. In addition, we were awarded a multi-year hot-tapping service contract for a multinational chemical manufacturing company in Saudi Arabia, helping build our market share in the kingdom.

Aug 4, 2021 / CEO / receipt, needs a key / Ann Marino, CEO | earnings call 2021-08-04 | transcript 96fafc19-806f-4d7d-9c9c-1a096b95988c | chars 10868-11535 | segment 11

Vaccine rollouts are gaining momentum and driving an overall increase in mobility and economic activity. Domestic petroleum demand has experienced a dramatic increase with recent levels that are in line or above the comparable weeks in 2019. In fact, US gasoline demand recently set a record as motorists were eager to travel during the 4th of July holiday. Likewise, the TSA reported new post-pandemic records in domestic air travel.

Aug 4, 2021 / CEO / receipt, needs a key / Ann Marino, CEO | earnings call 2021-08-04 | transcript 96fafc19-806f-4d7d-9c9c-1a096b95988c | chars 2927-3361 | segment 3

International is a different story. Business remains challenging with lower vaccination rates impacting teams' ability to travel and service our clients' assets. In these areas, the rebound in gasoline and air travel has been muted.

Aug 4, 2021 / CEO / receipt, needs a key / Ann Marino, CEO | earnings call 2021-08-04 | transcript 96fafc19-806f-4d7d-9c9c-1a096b95988c | chars 3505-3737 | segment 3