Saudi Aramco has awarded SLB a five-year contract to deliver stimulation services across the Kingdom’s unconventional gas fields, strengthening one of the world’s largest unconventional gas development programmes.
The award forms part of a broader multi-billion-dollar agreement and will see SLB deploy advanced stimulation technologies, well intervention services, frac automation and digital solutions aimed at unlocking the potential of Saudi Arabia’s unconventional gas resources.
The programme is a key pillar of the Kingdom’s energy strategy, supporting diversification of the energy mix, meeting rising global demand for gas and positioning natural gas as a transition fuel toward lower-carbon energy systems.
Aramco, SLB partner on gas expansion
“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 at 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.”
SLB said the integrated scope of work is designed to drive innovation and set new performance benchmarks in unconventional gas development, combining automation and digital technologies with field execution at scale.
Saudi Arabia’s unconventional gas resources are central to plans to increase domestic gas supply, support industrial growth and reduce reliance on liquid fuels, while contributing to longer-term decarbonisation objectives.
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