SLB has been awarded four integrated well construction contracts by Aramco to support oil and gas development across Saudi Arabia.
The global energy services group will manage end-to-end well construction services, delivering more than 450 wells over a three-year term, with an optional extension of up to two years.
"Delivering hundreds of wells across a multi-year programme and in multiple operating environments requires an integrated model that connects planning, execution and digital workflows to set new industry performance benchmarks,” said Steve Gassen, Executive Vice President of Geographies for SLB.
“Awarding SLB these advanced well construction programmes at scale reflects Aramco’s confidence in our integrated model and capabilities."
SLB said in a statement that its integrated well construction model brings together every aspect of well delivery through a technology-enabled operating model.
It combines digital drilling workflows with automated drilling, evaluation, fluids, cementing and completions products and services to improve efficiency, consistency, and well performance across diverse, large-scale drilling programmes, it noted.
The latest contract also marks a significant expansion of SLB's integrated well construction business in Saudi Arabia, building on decades of collaboration with Aramco.
