SLB Secures Major Kuwait Oil Contract: $1.5B Mutriba Field Development Agreement

SLB announced recently that Kuwait Oil Company has awarded it a substantial $1.5 billion, five-year integrated contract for the Mutriba field development project. This milestone reflects the deepening collaboration between the two industry leaders as Kuwait continues to advance its oil production capabilities. The comprehensive agreement encompasses design, development, and production management services for one of the region’s strategically important reservoirs.

Expanded Scope of Work Under Long-Term Partnership

The Mutriba field represents a complex operational environment requiring specialized expertise. SLB will leverage its advanced subsurface understanding to guide development planning and execution across demanding geological formations. The contract specifically addresses high-pressure, high-temperature reservoir conditions with sour characteristics—a technically challenging combination that demands precision engineering and proven operational experience. This expanded scope demonstrates Kuwait Oil Company’s confidence in SLB’s capabilities to manage increasingly sophisticated extraction challenges as the field enters its next development phase.

Technical Complexity and Strategic Significance

What distinguishes this award is the end-to-end responsibility SLB is assuming across the project lifecycle. Rather than providing single-service solutions, the company will deliver integrated support for safe and reliable operations in one of the region’s most technically demanding environments. “This award reflects the strength of our long-standing partnership with Kuwait Oil Company and the trust built over decades of working together,” noted Steve Gassen, executive vice president of Geographies at SLB. The technical demands of the Mutriba field—managing sour gas and extreme pressure conditions simultaneously—exemplify the sophistication now required in global oil and gas development.

Deep Partnership Advancement in Kuwait’s Oil Sector

The contract extension underscores how Kuwait is positioning itself as a progressive energy producer, combining traditional oil expertise with cutting-edge technical solutions. For SLB, this represents validation of its subsurface engineering capabilities and operational reliability in one of the world’s most important oil-producing nations. The multi-year commitment signals confidence from Kuwait Oil Company in sustained partnership, allowing both organizations to align long-term strategies and technological investments. As development of the Mutriba field progresses into new phases, this integrated approach demonstrates how modern oil production increasingly relies on collaboration between national energy companies and specialized global service providers.