SLB Partners With ADNOC Drilling For Unconventional Oil And Gas Development
Portfolio Pulse from Benzinga Newsdesk
SLB has partnered with ADNOC Drilling to accelerate the development of 144 unconventional oil and gas wells, with potential for more in a second phase. The project is set for completion by Q4 2025.
September 30, 2024 | 1:25 pm
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SLB's partnership with ADNOC Drilling focuses on developing 144 unconventional oil and gas wells, with potential for expansion. This collaboration could enhance SLB's market position in unconventional resources.
The partnership with ADNOC Drilling is a strategic move for SLB, focusing on unconventional oil and gas development. The initial scope of 144 wells, with potential for more, indicates a significant project that could positively impact SLB's market position and revenue in the unconventional resources sector.
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