Aramco has awarded SLB a five-year contract. This agreement supports Saudi Arabia’s large-scale unconventional gas development program. SLB will provide stimulation, well intervention, frac automation, and digital solutions. This initiative forms a key part of the Kingdom’s long-term energy strategy.
Contract Scope
The five-year agreement encompasses a comprehensive suite of services. SLB will deliver stimulation and well intervention operations. It also includes advanced frac automation technologies. Furthermore, SLB will implement various digital solutions. These services aim to optimize the unconventional gas project’s efficiency.
Strategic Energy Vision
Saudi Arabia considers unconventional gas development crucial. This large-scale program aligns with the Kingdom’s long-term energy strategy. The nation seeks to expand its domestic energy resources. Developing unconventional gas plays a vital role. This project supports future energy security objectives.
SLB’s Role
SLB brings extensive expertise to this program. The company will utilize its specialized technologies. Their integrated approach aims to streamline complex processes. This partnership underscores SLB’s commitment to major energy initiatives. They will help Aramco achieve its development targets.
This contract represents a substantial commitment from both companies. It highlights the strategic importance of unconventional gas for Saudi Arabia. The collaboration will significantly advance the Kingdom’s energy sector. The five-year term provides a stable framework for sustained development.
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