SLB has announced a series of significant contract awards and technology deployments across the Gulf Cooperation Council (GCC) as part of its First-Quarter 2026 results, reinforcing its position as a leading provider of energy technology and services in the region.
In Kuwait, Kuwait Oil Company awarded SLB a substantial $1.5 billion integrated contract for the Mutriba field. The five-year agreement covers design, development, and production management, building on SLB’s earlier subsurface characterization work. The project targets complex, deeper reservoirs characterized by high pressure, high temperature, and sour conditions, underscoring the technical sophistication required for the field’s development.
Meanwhile, in Oman, Petroleum Development Oman granted SLB two separate five-year contracts for Block-6, the country’s largest oil and gas concession. These contracts involve the supply of wellheads and artificial lift systems, including electric submersible pumps (ESPs) and progressing cavity pumps (PCPs). The deployment of these technologies is expected to enhance recovery rates and extend the operational lifespan of key assets within the block.
In the United Arab Emirates, SLB, in collaboration with ADNOC Offshore, successfully unlocked marginal tight carbonate reserves in the Abu Al Bukhoosh (ABK) field through an advanced Intelligent Stimulation workflow. The project utilized a mixed-completion multilateral well design and was executed in a single-vessel operation using SLB’s OpenPath Flex™ acid stimulation service. Supported by VDA™ viscoelastic diverting acid and Kinetix Matrix™ software, the intervention achieved more than double the initial production forecast, setting a benchmark for future developments in similar reservoirs.
In Qatar, SLB secured a strategic agreement with a major operator to accelerate the adoption of autonomous drilling technologies. Building on the success of DrillOps™ advisory since mid-2025, the system is currently deployed across three land rigs and is being prepared for its first offshore application. To date, more than 10 wells and 26 sections have been drilled using the technology, delivering an average 21% increase in rate of penetration and demonstrating strong scalability across different rig environments.
Further strengthening its presence in Oman, PDO also awarded SLB a four-year contract to implement its DrillOps intelligent well delivery and analytics solutions across a fleet of 50 rigs. The scope includes advanced AI-driven predictive capabilities designed to detect drilling risks such as stuck pipe and washouts at an early stage, enabling proactive intervention. The project will also see the deployment of DrillOps automation and Neuro™ autonomous directional drilling technology, following a successful 2025 field trial that improved drilling performance significantly—achieving an 18% increase in penetration rates and reducing invisible lost time by 13%, ultimately saving approximately 25 rig days.
These contract awards and technology advancements highlight SLB’s continued commitment to delivering innovative, high-performance solutions that support efficient resource development and operational excellence across the GCC energy sector.
