SLB has been awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company (KOC) to support the next stage of development at the Mutriba field in Kuwait.
Under the agreement, SLB will provide end-to-end field development services, including integrated design, development planning and production management. The contract expands SLB’s role at Mutriba as the field moves into more technically complex phases of development, targeting high-pressure, high-temperature (HPHT) reservoirs with sour conditions.
The award builds on SLB’s existing subsurface and reservoir work at Mutriba and reflects a broader industry shift toward integrated delivery models aimed at reducing execution risk and improving capital efficiency in mature and technically demanding fields.
“This award reflects the strength of our long-standing partnership with Kuwait Oil Company,” said Steve Gassen, executive vice president, Geographies, SLB. He added that the new scope positions SLB to support “safe, reliable execution in complex reservoir conditions” as development progresses.
Kuwait continues to advance large-scale upstream projects as part of its strategy to sustain production capacity and manage increasingly challenging reservoirs. The Mutriba contract underscores the growing role of long-term, integrated service agreements in Middle East field development, particularly as operators seek to optimize performance across deeper and more sour reservoirs.
