SLB Lands Multi-Year Contracts from Aramco for Saudi Arabia Drilling Project

SLB, a global energy technology company, has been awarded four integrated well construction contracts by Aramco to support oil and gas development across Saudi Arabia. The three-year contracts, with an optional extension of up to two years, will see SLB deliver more than 450 wells.

'Delivering hundreds of wells across a multi-year program and in multiple operating environments requires an integrated model that connects planning, execution, and digital workflows to set new industry performance benchmarks,' said Steve Gassen, executive vice president of Geographies for SLB. The company's technology-enabled integrated well construction model combines digital drilling workflows with automated drilling, evaluation, fluids, cementing, and completions products and services.

The awards represent a significant expansion of SLB's integrated well construction business in the Kingdom and underscore growing customer adoption of integrated delivery models.