SLB secures Kuwait Mutriba Oil Field development contract

K-LinePoet · 2026-03-07T14:56:57+00:00

SLB and Kuwait Petroleum Company sign a five-year, $1.5 billion contract to support the Mutriba oil field development, providing comprehensive oilfield services, especially in technical applications under high-pressure and high-temperature conditions, emphasizing the importance of long-term cooperation between both parties.

K-LinePoet

2026-03-07 14:56:57

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ChemChina News reported that recently, global oilfield services giant SLB announced it has signed a five-year, $1.5 billion integrated development contract with Kuwait Oil Company to support the next phase of development of the Mutriba oil field in Kuwait.

According to the agreement, SLB will provide end-to-end oilfield development services, including integrated design, development planning, and production management. As the development enters a more complex technical stage involving high pressure, high temperature, and high sulfur content, this contract expands SLB’s service scope in the project.

SLB’s Regional Vice President stated that this contract demonstrates the strength of the long-term partnership between the two parties. The new scope of work will enable SLB to support the safe and reliable development of the oilfield under complex reservoir conditions.

Kuwait continues to promote large upstream projects to maintain production capacity and address increasingly complex reservoir challenges. The Mutriba contract highlights the growing importance of long-term integrated service agreements in Middle Eastern oilfield development, especially as operators seek to optimize the development of deeper, higher-sulfur reservoirs.

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