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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 7 sources · 3 days · First seen · Last updated
SLB and Aramco well construction contracts
Overview
SLB has secured four integrated well construction contracts from Aramco to support oil and gas development in Saudi Arabia. The multi-year agreements involve managing end-to-end services, including digital drilling workflows and automated processes for drilling, evaluation, fluids, cementing, and completion.
Under the terms of these contracts, SLB is expected to deliver more than 450 wells over a three-year period, with the possibility of extending the term for an additional two years. Steve Gassen, SLB Executive Vice President of Geographies, noted that the scale of these programs requires an integrated model to connect planning, execution, and digital workflows to establish “new industry performance standards.”
Entities
Aramco · SLB · Steve Gassen · Turkmenistan · Saudi Arabia
Timeline
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[BUSINESS] 2 sourcesSLB secures four major Aramco contracts for over 450 wells
SLB has secured four major contracts from Aramco for over 450 wells and is marking its 100th anniversary, highlighting its long-term technological presence in Turkmenistan.
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[BUSINESS] 5 sourcesSLB secures four integrated well construction contracts from Aramco
SLB has been awarded four integrated well construction contracts by Aramco to deliver over 450 wells in Saudi Arabia over the next three to five years.
Sources
ad-hoc-news.de · alaraby.co.uk · leianoticias.com.br · newscentralasia.net · petroleumag.com · revistaempreende.com.br · trend.az