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Offshore Drilling Firm SLB Secures Big Contracts across GCC

SLB (formerly Schlumberger), one of the world's largest offshore drilling contractors, has announced that it had secured several major contracts across GCC in 2023.

 

Announcing its key project wins, SLB said in the Kingdom of Saudi Arabia, it had clinched the contract from Italian builder Saipem to deploy high-pressure shallow-water subsea Grove top entry ball valves, Ring-O swing check valves, and Ledeen actuators in Qatif, Marjan, Abu Safah and Safaniyah fields.

 

As part of this, the valves and actuators will be installed in shallow-water subsea lines that are critical for permanent downhole monitoring.

 

In Kuwait, SLB had been awarded a contract by the Kuwait Drilling Company (KDC) for deployment of the DrillPlan coherent well design and engineering solution on Delfi as the planning environment for its directional drilling services.

 

The DrillPlan solution enables KDC to produce better drilling plans quickly and efficiently by using AI, machine learning, and the high-performance computing environment on the cloud, said the statement from SLB.

 

It also snapped up a major order from Kuwait Oil Company (KOC) through its subsidiary SLB Innovation Factori for development and deployment of AI and machine learning-based drilling, production and subsurface workflows for its multiple assets utilizing Dataiku’s AI platform and SLB Petrel subsurface software and Techlog wellbore software.

 

SLB and KOC worked together to develop a novel process to automate mud loss analysis and forecast potential losses and their severity in planned wells, using machine learning.

 

This predictive capability reduces nonproductive time and mitigates associated costs for well control, including rig expenses, lost circulation material, and cement plugs.

 

In the UAE, SLB clinched a CCS consultancy project from Sharjah National Oil Corporation for injection of CO2 and other gases into mature onshore Sharjah gas fields.

 

As per the deal, SLB will leverage its storage site evaluation solution, which incorporates measurement, monitoring, and verification planning, and apply SLB technical expertise and experience in reservoir management and subsurface technologies to evaluate capacity, injectivity, and containment.

 

The project will assess the carbon storage potential for reliability, economics, and sustainability and provide consultation on the injection and monitoring strategy.

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