SLB Awarded Multi-Year Contracts to Support Oman’s Energy Development
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wellheadstechnical
Wellheads are the surface assembly of pipes, valves and fittings installed at the top of an oil or gas well that control and measure the flow of hydrocarbons from underground. Think of a wellhead like the faucet and meter on a home plumbing system: it manages flow, provides safety shutoffs and links the well to processing or transport equipment. For investors, the number, condition and performance of wellheads influence production levels, safety and maintenance costs, regulatory compliance and therefore the revenue and value of energy assets.
gate valvetechnical
A gate valve is a type of mechanical device used to control the flow of liquids or gases through a pipe or system. It works like a door that lifts up or lowers down to open or close the passage, allowing or stopping flow as needed. Investors pay attention to gate valves because their use can indicate changes or restrictions in supply chains, infrastructure, or industrial activity that may impact economic performance.
Advanced technologies and solutions will help drive production efficiency and maximize recovery
HOUSTON--(BUSINESS WIRE)--
SLB (NYSE: SLB) has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman’s largest oil and gas concession, while advancing in-country value (ICV).
The contracts include the provision of low-pressure, high-pressure, and thermal wellheads, as well as electric submersible pumps (ESPs) and progressive cavity pumps (PCPs). These solutions are expected to increase recovery rates and extend the productive life of Block-6 assets.
The contracts include the provision of low-pressure, high-pressure, and thermal wellheads, as well as electric submersible pumps (ESPs) and progressive cavity pumps (PCPs). These solutions are expected to increase recovery rates and extend the productive life of Block-6 assets. Key milestones include expanding local manufacturing capabilities and introducing made-in-Oman gate valve production within six months of commencement.
“These awards reflect our deep commitment to Oman’s energy future and advancing in-country value through local manufacturing and talent development,” said Jesus Lamas, president, Middle East and North Africa, SLB. “By producing more equipment in country and investing in Omani expertise, we are ensuring that PDO’s strategic goals are met with sustainable, locally driven approaches. Our focus is on delivering innovative wellhead and artificial lift solutions that drive production efficiency and maximize recovery. Through our ongoing investment in advanced technologies and tailored services, we support our customers’ production and recovery goals with capabilities designed to meet their evolving operational needs.”
Wellheads will be produced at SLB’s Rusayl production center, and ESPs will be assembled at its Nizwa assembly, repair, and testing center, supporting hundreds of Omani employees. SLB will deploy advanced technologies including the 15k SOLIDrill modular compact wellhead system, ESP surveillance systems, and ESP permanent magnet motors, which reduce power consumption and enhance sustainability.
About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
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