SAUDI ARABIA —Energy technology firm SLB has been awarded four integrated well construction contracts by Saudi Aramco to support ongoing oil and gas development programs across Saudi Arabia. Under the terms of the agreement, SLB will manage end-to-end well delivery services covering more than 450 wells over a primary three-year period. The contractual framework also includes a provision for a potential extension of up to two years upon completion of the initial term.
SLB, formerly Schlumberger, is a global technology company headquartered in Houston, Texas, providing oilfield services, digital solutions, and subsea engineering to the international energy sector. Saudi Aramco, officially the Saudi Arabian Oil Group, is Saudi Arabia's state-owned energy and chemicals enterprise and one of the world's largest crude oil producers.
The scope of the awards covers an integrated project management model combining planning, execution, and automated digital drilling workflows. SLB will supply a full suite of products and services, including automated drilling systems, formation evaluation, drilling fluids, cementing, and well completions. This single-source execution framework connects multiple operational phases to optimize rig efficiency, maintain consistency, and shorten drilling times across complex onshore and offshore environments.
The agreement underscores Saudi Aramco's continued commitment to upstream capital expenditure and capacity deployment to meet global energy demand. For oilfield service providers and drilling contractors, the expanded contract scale demonstrates an industry shift toward integrated delivery models over fragmented service bundling. This strategy allows national oil companies in the Middle East to accelerate drilling schedules, lower lifting costs, and leverage advanced digital technology across major production assets.
