SLB anticipates a prolonged recovery in Middle East oil production due to US-Iran conflict, prompting clients to diversify investments into deepwater drilling and exploration projects globally.
SLB and Baker Hughes forecast rising oil exploration spending due to Middle East supply disruptions, despite recent regional revenue declines. Analysts predict substantial demand for infrastructure re
SLB secured a $1.5 billion, five-year contract with Kuwait Oil Company for Mutriba oilfield development, providing integrated design and production management services for complex reservoir conditions
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