Global energy technology company SLB (NYSE: SLB) has been awarded a series of significant drilling contracts by Shell, aimed at supporting capital-efficient energy development across Shell’s deep- and ultra-deepwater assets.
Over three years, the projects will cover operations in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico, and other locations.
The contracts leverage SLB’s cutting-edge AI-enabled digital drilling capabilities combined with their expertise in ultra-deepwater environments.
This innovative approach is designed to deliver more consistent wells with improved cost efficiencies, utilising repeatable and predictable methods.
Wallace Pescarini, president of Offshore Atlantic at SLB, expressed pride in continuing the company’s long-standing relationship with Shell.
He emphasised SLB’s commitment to providing safe, high-quality services and aligning with Shell’s expectations for safe and efficient energy development.
The scope of the contracts is comprehensive, including digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services.
SLB has already initiated service provision to Shell under these contracts.
A key feature of the project management strategy is the centralised oversight through SLB’s Performance Live centres.
This approach is expected to enhance operational efficiency and maintain consistent performance across the various project sites.
This deal marks a significant development in the oil and gas industry, showcasing the increasing role of AI and digital technologies in deepwater drilling operations.
It also reinforces SLB’s position as a leader in providing advanced energy technology solutions to major oil companies.
