SLB NV has announced the award of a five-year contract by Aramco to provide stimulation services for its unconventional gas fields in Saudi Arabia. The contract is part of a larger multi-billion dollar agreement supporting one of the world's largest unconventional gas development programs. Under the contract, SLB will deliver advanced stimulation, well intervention, frac automation, and digital solutions to support the development of Saudi Arabia's unconventional gas resources. The agreement is aligned with the Kingdom's strategy to diversify its energy portfolio and contribute to global energy transition efforts.
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