TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

SLB Wins 5-Year Contract For Saudi Aramco's Unconventional Gas Push

Benzinga Logo Benzinga By Lekha Gupta
SLB Wins 5-Year Contract For Saudi Aramco's Unconventional Gas Push

SLB Limited has secured a five-year contract with Saudi Aramco to provide stimulation services for unconventional gas development. The deal includes advanced stimulation, well intervention, frac automation, and digital solutions to support Saudi Arabia's energy diversification goals. Additionally, SLB recently partnered with Shell to develop AI and digital solutions for upstream operations.

Insights
UNH   neutral

Mentioned as one of the commercial payers covering Zevaskyn treatment


SLB   positive

SLB secured a significant multi-billion-dollar contract with Saudi Aramco for unconventional gas services, demonstrating business expansion and market confidence. The recent strategic partnership with Shell for AI solutions further strengthens its market position.