SLB Wins $1.5bn Kuwait Contract for High Pressure Oil Field Development
ByAinvest
Friday, Feb 6, 2026 8:24 am ET1min read
SLB--
SLB has secured a $1.5 billion contract with Kuwait Oil Company for the advanced development of the Mutriba field, including end-to-end delivery. The deal targets technically challenging high-pressure, high-temperature reservoirs in Kuwait. This contract adds fresh context to SLB's share price and may be relevant for investors tracking its positioning in complex oil field projects in the Middle East.
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