SLB Awarded Integrated Development Contract in Kuwait

04 Feb SLB Awarded Integrated Development Contract in Kuwait

(Oilandgaspress) -] –SLB announced that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.

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 development of high-pressure, high-temperature reservoirs with sour conditions, reflecting an expanded scope and responsibility for SLB as work on the Mutriba field progresses.

The project is designed to support faster development of technically challenging and remote resources, while prioritizing capital efficiency and environmental considerations. It reflects a broader shift toward end-to-end delivery models that reduce execution risk as fields move into more complex phases of development.

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