SLB, technology company, has been awarded a five-year contract by Aramco to provide stimulation services for its unconventional gas fields.
This award is part of
a broader multi-billion contract, supporting one of the largest unconventional
gas development programmes globally.
The contract
encompasses advanced stimulation, well intervention, frac automation, and
digital solutions, which are important to unlocking the potential of Saudi
Arabia’s unconventional gas resources — a cornerstone of Saudi Arabia's ’s strategy
to diversify its energy portfolio and support the global energy transition.
“This agreement is an
important step forward in Aramco’s efforts to diversify its energy portfolio in
line with Vision 2030 and energy transition goals,” said Steve Gassen,
executive vice president, Geographies, SLB. “With world-class technology, deep
local expertise, and a proven track record in safety and service quality, SLB
is well positioned to deliver tailored solutions that could help redefine
operational performance in the development of Saudi Arabia’s unconventional
resources.” -TradeArabia News Service
