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(RTTNews) - Technology company SLB (SLB) said on Tuesday that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, ...
The 5-year contract is for design, development, and production management and has a value of $1.5 billion. The field’s reservoirs contains high temperatures and ultra-sour hydrocarbons. Kuwait Oil Co.
SLB (NYSE: SLB) shares rose on Tuesday after securing a five-year, $1.5 billion contract with Kuwait Oil Company for the Mutriba field. The agreement covers field design, development, and production ...
The work builds on SLB’s subsurface understanding of the Mutriba field to support development planning and execution across deeper, technically demanding reservoir conditions. The contract covers ...
Feb 3 (Reuters) - Oilfield services provider SLB said on Tuesday it has been awarded a $1.5 billion contract over five years by Kuwait Oil Company for the development of the Mutriba field in the ...