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25/12/2025 04:20 AST
SLB, technology company, has been awarded a five-year contract by Aramco to provide stimulation services for its unconventional gas fields.
This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programmes globally.
The contract encompasses advanced stimulation, well intervention, frac automation, and digital solutions, which are important to unlocking the potential of Saudi Arabia's unconventional gas resources - a cornerstone of Saudi Arabia's 's strategy to diversify its energy portfolio and support the global energy transition.
"This agreement is an important step forward in Aramco's efforts to diversify its energy portfolio in line with Vision 2030 and energy transition goals," said Steve Gassen, executive vice president, Geographies, SLB. "With world-class technology, deep local expertise, and a proven track record in safety and service quality, SLB is well positioned to deliver tailored solutions that could help redefine operational performance in the development of Saudi Arabia's unconventional resources."
Trade Arabia
10/12/2025
Qualcomm Technologies International Limited, a subsidiary of Qualcomm Incorporated, and Aramco through the Saudi Accelerated Innovation Lab (AramcoSAIL), a hub for innovation and technology developme
Trade Arabia
08/12/2025
Saudi-based Alhani Construction & Trading, Saudi Arabia has announced that work is in full swing at the landmark Aramco Stadium project in Al Khobar in the kingdom's Eastern Province and is on track
Trade Arabia
05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ADNOCGAS | 3.36 | 0.02 (0.59 |
| ADNOCDRILL | 5.49 | 0.09 (1.66 |
| BAHRI | 29.50 | 0.00 (0.00 |
| ADES | 16.97 | 0.12 (0.71 |
| NMDCENR | 2.40 | 0.01 (0.41 |
26/12/2025
As part of its ongoing support for the "Diraya" campaign, and on the occasion of the New Year holiday, Gulf Bank has provided a set of valuable tips to help travelers manage their finances wisely, pr
Kuwait Times
26/12/2025
Dukhan Bank has announced the launch of its UK Winter Spend Campaign, offering customers additional DAwards when using their Dukhan Bank Visa credit cards in the United Kingdom during the winter seas
The Peninsula
26/12/2025
Emsteel Group, a leading integrated steel and building materials manufacturer in the region, has announced a major step toward decarbonising steel production through collaboration with the Emirates N
Trade Arabia
25/12/2025
Ooredoo Qatar has launched its new eSIM solution for Internet of Things (IoT) devices, developed to support enterprises in simplifying device management, enhancing security, and scaling IoT operation
Gulf Times
25/12/2025
Ahlibank has been officially certified to the internationally recognised ISO 22301 standard for Business Continuity Management Systems (BCMS) by Intertek Global International.
This milestone
The Peninsula
Financial Information Co.
Saudi Arabia