Schlumberger announces in a statement that it has secured various notable contracts across GCC.
Saudi Aramco
- Schlumberger awarded a multibillion dollar (USD) integrated stimulation technology and services contract by Saudi Aramco for its unconventional gas resources. Fit-for-basin technologies will enable operational performance and efficiency, in a work scope that includes the full suite of products and services for hydraulic fracturing, coiled tubing intervention, wireline services, Cameron hydraulic fracturing trees with MonoFlex dual-connection fracturing fluid delivery technology, and flow back. Mobilization is expected to start in the fourth quarter of 2021.
- Another Contract: Saudi Aramco and Schlumberger signed another agreement for the Omega geophysical data processing platform, one of the industry’s most advanced geophysical processing solutions. The Omega platform enhances the geophysics data imaging by integrating comprehensive workflows and advanced algorithms with leading science, scalable processing, and unparalleled flexibility
Petroleum Development Oman LLC (PDO)
Petroleum Development Oman LLC (PDO) awarded Schlumberger a major services contract for the provision of high-pressure hydraulic fracturing and stimulation services for up to 350 wells in Oman.
The five-year contract has two independent two-year options and comprises 105 oil and gas exploration wells and between 171 to 245 gas development wells.
The work program is scheduled to commence in the fourth quarter of 2021.
Kuwait Oil Company (KOC)
Kuwait Oil Company awarded Schlumberger a five-year supply agreement for wellheads, production trees, and services for 230 new wells and 250 workover wells in the country’s deep Jurassic formations.
The scope of the agreement includes the supply and installation services of 15,000-psi high-pressure, high-temperature (HPHT) wellheads, production trees, chokes, and control panels.
Kuwait’s Jurassic reservoirs hold significant gas reserves and are a key element in the country’s long-term strategy.
