SLB, USA announced the awarding of contracts across Gulf Countries as part of its Second-Quarter 2023 Results.
In Saudi Arabia, SLB received a contract award from Saudi Aramco for directional drilling services for the world’s largest oil and gas fields. On both land and offshore, SLB will deliver directional drilling and digital drilling solutions and logging-while-drilling services. These proven technologies will provide technical solutions for drilling challenging wells.
In Qatar, Qatargas awarded SLB a five-year exclusive contract with an optional five-year extension for the provision of unitized Cameron wellhead and tree systems. The equipment will be installed in 50 offshore and five onshore wells in the North Field South project and will incorporate MRD™ recessed-bore metal-to-metal seals and CANH™ rough casing metal-to-metal seals. The onshore portion of the project includes CO2 injection and wastewater wells. The first delivery of the equipment is expected in the third quarter of 2023.
In Kuwait, Kuwait Oil Company (KOC) utilized Neuro™ autonomous solutions, which included the autonomous downhole control system, DrillOps™ Automate, DD Advisor coupled with well construction rig equipment, the AxeBlade™ ridged diamond element bit, and the PowerDrive Orbit G2™ rotary steerable system. Optimization through autonomous directional drilling capabilities delivered a 90% increase in rate of penetration (ROP) and a 37% increase in steering effectiveness, saving over $500,000 and eight rig days compared to the authorization for expenditure. Neuro solutions are redefining what can be achieved when state-of-the-art software is coupled with intelligent hardware and work processes that eliminate manual operations. The successful adoption of these technologies not only improved KOC’s drilling performance and efficiency but also minimized operational costs and drilling durations, directly impacting their profitability.