Biography

Five-Year Integrated Fluids Services Contract Awarded to Support Production Goals

Abu Dhabi National Oil Company (ADNOC) awarded SLB a $1.4 billion framework agreement for integrated drilling fluids services to support onshore and offshore production over the next five years. The services include drilling fluids, liquid mud plants, personnel, and waste management. The agreement builds on existing SLB contributions to ADNOC's vision to expand lower-cost, lower-carbon production and supports the acceleration of its production capacity target of five million barrels of oil per day by 2027.