SLB | Egypt Oil & Gas - Part 2

KOC awards SLB $1.5 Bn Mutriba field contract

Kuwait Oil Company (KOC) has awarded the global oilfield services firm, SLB, a five-year integrated contract worth about $1.5 billion for the next phase of development at Kuwait’s Mutriba oil field, SLB reported. The ...

SLB Records Revenue of $9.5 Bn in Q4 2025, Increasing 5% YoY

SLB, the global technology leader, has announced a 9% sequential revenue increase for the fourth quarter (Q4) of 2025, reaching $9.75 billion. The results reflect a 5% growth compared to Q4 2024, signaling a stabiliza...

SLB Eyes Lithium Extraction in Egypt

SLB  expressed interest to start assessment of lithium potential and its extraction in Egypt, and to conduct new pilot tests in the Eastern Desert. This came during a meeting of SLB’s Head of Mining, Nicholas Lu...

SLB Secures Five-Year Aramco Contract to Support Major Unconventional Gas Program

Global technology company SLB has secured a five-year contract from Aramco to provide stimulation services across the Saudi giant’s unconventional gas fields, supporting a multi‑billion‑dollar development program, acc...

SLB, Shell Sign AI Collaboration Agreement to Develop Upstream Digital Solutions

SLB has signed a strategic collaboration agreement with Shell to develop digital and artificial intelligence (AI) solutions aimed at driving performance and efficiency gains across upstream operations for the industry...

Egypt Signs Two Agreements to Boost East Med E&P

Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the signing of two key agreements on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2025. The agreements ...

ADNOC, SLB Launch AI Platform to Optimize Production, Reduce Downtime

Abu Dhabi National Oil Company (ADNOC) and SLB have jointly launched an advanced artificial intelligence (AI)-powered Production System Optimization (AiPSO) platform, marking a major milestone for the use of AI in lar...

Badawi Accelerates E&P Projects, Strengthens IOC Ties at ADIPEC 2025

Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior officials and CEOs of leading international energy companies (IOCs) on the sidelines of the ADIPEC Exhibition and Conference 2025 in Abu Dhabi...

SLB’s Posts Revenues of $8.93bn in Q3 of 2025

SLB, the global technology leader in oilfield services and energy transition, announced a 4% increase in revenues in the third quarter (Q3) of 2025, reaching $8.93 billion (Bn) compared to quarter 2 (Q2) 2025. However...

Egypt to Launch New International Bid Round Exploration in Red Sea via EUG

Egypt is preparing to launch an international bid round for oil and gas exploration in four areas of the Red Sea, through the Egypt Upstream Gateway (EUG). The announcement was made during a meeting between Karim Bada...

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