Schlumberger Awarded Deepwater Contracts by Shell in Multiple Regions

MT Newswires Live

2025/01/08

Schlumberger (SLB) said Wednesday it has been awarded deepwater drilling contracts by Shell (SHEL) to support energy development projects in multiple regions, including the UK North Sea, Trinidad and Tobago, and the Gulf of Mexico.

Financial terms of the projects, which will be delivered over a three-year timeframe, were not provided.

Schlumberger shares were 1.4% lower in recent trading.

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