Aramco Awards SLB Five-Year Contract for Unconventional Gas Development

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Image Courtesy: SLB

SLB (NYSE: SLB), a global energy technology company, has been awarded a five-year contract by Aramco to provide stimulation and related services for its unconventional gas operations. The award forms part of a broader multi-billion-dollar programme supporting one of the world’s largest unconventional gas developments.

Under the contract, SLB will deliver advanced stimulation services, well intervention, fracture automation, and digital technologies aimed at improving operational efficiency and recovery rates in unconventional gas reservoirs. These services will support Aramco’s efforts to expand domestic gas production and strengthen energy supply diversification. The contract aligns with Saudi Arabia’s Vision 2030 objectives, which include increasing the role of gas in the national energy mix and supporting lower-emission energy solutions.

Commenting on the award, Steve Gassen, Executive Vice President, Geographies, SLB, said, “This agreement supports Aramco’s plans to scale unconventional gas development. SLB’s experience in complex reservoir environments, combined with our digital and automation capabilities, positions us to support consistent and safe project execution.” The deployment of these technologies is expected to support operational performance improvements across Aramco’s unconventional gas portfolio.

SLB (NYSE: SLB) is a global technology company operating across more than 100 countries. The company provides solutions spanning oil and gas operations, digital technologies, decarbonisation initiatives, and emerging energy systems. SLB focuses on improving energy production efficiency while supporting the transition to lower-carbon energy solutions.

Saudi Aramco is one of the world’s largest integrated energy and chemicals companies, engaged in the exploration, production, refining, and distribution of oil, gas, and petrochemical products. Headquartered in Saudi Arabia, the company operates across the entire energy value chain, with a strong focus on reliable supply, operational efficiency, and long-term resource management. Alongside its core hydrocarbons business, Aramco is investing in technologies and projects that support lower-emission energy solutions, including natural gas development, carbon management, and advanced materials, in line with Saudi Arabia’s Vision 2030 objectives.