SLB Wins $1.5 Billion Five-Year Mutriba Field Development Contract in Kuwait

Reuters

Feb 03

SLB Wins $1.5 Billion Five-Year Mutriba Field Development Contract in Kuwait

SLB NV has announced that it has been awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company for the next stage of development of the Mutriba field in Kuwait. The contract includes the design, development, and production management of the field, focusing on high-pressure, high-temperature reservoirs with sour conditions. This agreement expands SLB's responsibilities as the project advances into more technically challenging phases and reflects the continuation of a long-term partnership between SLB and Kuwait Oil Company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260203653764) on February 03, 2026, and is solely responsible for the information contained therein.

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The contract includes the design, development, and production management of the field, focusing on high-pressure, high-temperature reservoirs with sour conditions. This agreement expands SLB's responsibilities as the project advances into more technically challenging phases and reflects the continuation of a long-term partnership between SLB and Kuwait Oil Company.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief via Business Wire (Ref. 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