Global energy technology company SLB (NYSE: SLB) today announced it has been awarded four integrated well construction contracts by Aramco to support oil and gas development across the Kingdom of Saudi Arabia. Under the contracts, SLB will manage end-to-end well construction services, delivering more than 450 wells in the three-year term, with an optional extension […]
SLB’s OneSubsea joint venture has been awarded a contract by ExxonMobil Moçambique, Limitada to supply subsea production systems for the first phase of the deepwater Rovuma LNG development offshore Mozambique. ExxonMobil awarded the contract on behalf of the Area 4 partners, which include ENH, CNPC, Eni, KOGAS and XRG. The scope covers subsea trees, manifolds, […]
SLB has been awarded a contract by OQ Exploration & Production (OQEP) to deliver an expansion of the Bisat-B production facility in Oman, increasing its gross fluids handling capacity to 548,000 bpd.
SLB and Shearwater GeoServices have launched the Amapá 3D multi-client seismic survey offshore northern Brazil, targeting an underexplored area of the Equatorial Margin as exploration interest grows following the recent Morpho hydrocarbon discovery.
SLB has agreed to acquire thermal management provider Kelvion in a deal valued at $4.1 billion, significantly expanding its data center infrastructure business as surging AI investment drives demand for cooling, power and integrated facility solutions. Under the agreement, SLB will acquire Kelvion from majority owner Apollo-managed funds and minority shareholder Triton for approximately $3.4 billion in cash and assume about $700 […]
SLB has launched two artificial lift technologies for U.S. land operations aimed at improving equipment life and production performance in mature and challenging well environments.
SLB has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, providing technology and engineering services as the development advances through concept and front-end engineering and design (FEED).
A contract that SLB (SLB.N), opens new tab and Venezuela’s state-run PDVSA signed last week has granted the U.S. oil services and technology company access to oilfield data from the country with the world’s largest crude reserves, three sources close to the negotiations said.The deal will allow SLB to organize and upgrade PDVSA’s vast but outdated databases […]
SLB has launched its ExaCT electrical downhole coiled tubing control system, introducing real-time electrical control, telemetry and downhole measurements to well intervention operations.
Venezuela signed oil-related contracts with two US companies as the government of the South American country seeks to attract investment and boost crude production, a report said.