{"success":true,"data":{"pressRelease":{"id":"152018","rtpr_id":"nBwqyPyGa-20260924","ticker":"SLB","exchange":"NYSE","all_tickers":["SLB"],"title":"SLB Awarded Four Multi-Year Integrated Well Construction Contracts by Aramco","author":"Business Wire","published_at":"2026-09-24T12:04:00.133Z","article_body":"SLB Awarded Four Multi-Year Integrated Well Construction Contracts by Aramco\n\nAwards expand deployment of SLB's integrated well construction model across\nSaudi Arabia’s oil and gas reservoirs\n\nGlobal energy technology company SLB (NYSE: SLB) today announced it has been\nawarded four integrated well construction contracts by Aramco to support oil\nand gas development across the Kingdom of Saudi Arabia. Under the contracts,\nSLB will manage end-to-end well construction services, delivering more than\n450 wells in the three-year term, with an optional extension of up to two\nyears.\n\n\"Delivering hundreds of wells across a multi-year program and in multiple\noperating environments requires an integrated model that connects planning,\nexecution, and digital workflows to set new industry performance\nbenchmarks,” said Steve Gassen, executive vice president of Geographies for\nSLB. “Awarding SLB these advanced well construction programs at scale\nreflects Aramco’s confidence in our integrated model and capabilities.\"\n\nSLB's integrated well construction model brings together every aspect of well\ndelivery through a technology-enabled operating model. It combines digital\ndrilling workflows with automated drilling, evaluation, fluids, cementing, and\ncompletions products and services to improve efficiency, consistency, and well\nperformance across diverse, large-scale drilling programs.\n\nBuilding on decades of collaboration between SLB and Aramco, the awards\nrepresent a significant expansion of SLB's integrated well construction\nbusiness in the Kingdom and underscore growing customer adoption of integrated\ndelivery models.\n\nKey Points:\n\n\n * SLB has secured four three-year integrated well construction contracts from\nAramco, each with a potential extension of up to two years, to support oil and\ngas development across Saudi Arabia.\n\n * The awards broaden the use of SLB's technology-enabled integrated well\nconstruction model, which connects planning, drilling, and well delivery\nthrough a single operating approach combining digital workflows, automated\ndrilling and integrated execution.\n\n * Building on decades of collaboration between SLB and Aramco, the awards\nreinforce growing customer adoption of integrated well construction for\nlarge-scale drilling programs and highlight the model’s ability to improve\nexecution consistency across the well construction lifecycle.\n\nAbout SLB\n\nSLB (NYSE: SLB) is a global technology company that has driven energy\ninnovation for 100 years. With a global footprint in more than 100 countries\nand employees representing almost twice as many nationalities, we work each\nday on innovating oil and gas, delivering digital at scale, decarbonizing\nindustries, and developing and scaling new energy systems that accelerate the\nenergy transition. Find out more at slb.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.slb.com&esheet=54608161&newsitemid=20260922622466&lan=en-US&anchor=slb.com&index=1&md5=671ded37b64aae08f49c1231278fbd0a)\n.\n\nCautionary Statement Regarding Forward-Looking Statements:\n\nThis press release contains “forward-looking statements” within the\nmeaning of the U.S. federal securities laws — that is, statements about the\nfuture, not about past events. Such statements often contain words such as\n“expect,” “may,” “can,” “estimate,” “intend,”\n“anticipate,” “will,” “potential,” “projected\" and other similar\nwords. Forward-looking statements address matters that are, to varying\ndegrees, uncertain, such as forecasts or expectations regarding the deployment\nof, or anticipated benefits of, SLB’s new technologies and partnerships; and\nimprovements in operating procedures and technology. These statements are\nsubject to risks and uncertainties, including, but not limited to, the\ninability to recognize intended benefits of SLB’s strategies, initiatives or\npartnerships; and other risks and uncertainties detailed in SLB’s most\nrecent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities\nand Exchange Commission. If one or more of these or other risks or\nuncertainties materialize (or the consequences of such a development changes),\nor should underlying assumptions prove incorrect, actual outcomes may vary\nmaterially from those reflected in our forward-looking statements. The\nforward-looking statements speak only as of the date of this press release,\nand SLB disclaims any intention or obligation to update publicly or revise\nsuch statements, whether as a result of new information, future events or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260922622466/en/\n(https://www.businesswire.com/news/home/20260922622466/en/)\n\nMedia\n\nJosh Byerly – SVP of Global Communications\n\nMoira Duff – Director of External Communications\n\nSLB\n\nTel: +1 (713) 375-3407\n\nmedia@slb.com (mailto:media@slb.com)\n\nInvestors\n\nJames R. McDonald – SVP of Investor Relations & Industry Affairs\n\nJoy V. Domingo – Director of Investor Relations\n\nSLB\n\nTel: +1 (713) 375-3535\n\ninvestor-relations@slb.com (mailto:investor-relations@slb.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwqyPyGa-20260924","title":"SLB Awarded Four Multi-Year Integrated Well Construction Contracts by Aramco","author":"Business Wire","ticker":"SLB","created":"2026-09-24T12:04:00.133Z","tickers":["SLB"],"exchange":"NYSE","article_body":"SLB Awarded Four Multi-Year Integrated Well Construction Contracts by Aramco\n\nAwards expand deployment of SLB's integrated well construction model across\nSaudi Arabia’s oil and gas reservoirs\n\nGlobal energy technology company SLB (NYSE: SLB) today announced it has been\nawarded four integrated well construction contracts by Aramco to support oil\nand gas development across the Kingdom of Saudi Arabia. Under the contracts,\nSLB will manage end-to-end well construction services, delivering more than\n450 wells in the three-year term, with an optional extension of up to two\nyears.\n\n\"Delivering hundreds of wells across a multi-year program and in multiple\noperating environments requires an integrated model that connects planning,\nexecution, and digital workflows to set new industry performance\nbenchmarks,” said Steve Gassen, executive vice president of Geographies for\nSLB. “Awarding SLB these advanced well construction programs at scale\nreflects Aramco’s confidence in our integrated model and capabilities.\"\n\nSLB's integrated well construction model brings together every aspect of well\ndelivery through a technology-enabled operating model. It combines digital\ndrilling workflows with automated drilling, evaluation, fluids, cementing, and\ncompletions products and services to improve efficiency, consistency, and well\nperformance across diverse, large-scale drilling programs.\n\nBuilding on decades of collaboration between SLB and Aramco, the awards\nrepresent a significant expansion of SLB's integrated well construction\nbusiness in the Kingdom and underscore growing customer adoption of integrated\ndelivery models.\n\nKey Points:\n\n\n * SLB has secured four three-year integrated well construction contracts from\nAramco, each with a potential extension of up to two years, to support oil and\ngas development across Saudi Arabia.\n\n * The awards broaden the use of SLB's technology-enabled integrated well\nconstruction model, which connects planning, drilling, and well delivery\nthrough a single operating approach combining digital workflows, automated\ndrilling and integrated execution.\n\n * Building on decades of collaboration between SLB and Aramco, the awards\nreinforce growing customer adoption of integrated well construction for\nlarge-scale drilling programs and highlight the model’s ability to improve\nexecution consistency across the well construction lifecycle.\n\nAbout SLB\n\nSLB (NYSE: SLB) is a global technology company that has driven energy\ninnovation for 100 years. With a global footprint in more than 100 countries\nand employees representing almost twice as many nationalities, we work each\nday on innovating oil and gas, delivering digital at scale, decarbonizing\nindustries, and developing and scaling new energy systems that accelerate the\nenergy transition. Find out more at slb.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.slb.com&esheet=54608161&newsitemid=20260922622466&lan=en-US&anchor=slb.com&index=1&md5=671ded37b64aae08f49c1231278fbd0a)\n.\n\nCautionary Statement Regarding Forward-Looking Statements:\n\nThis press release contains “forward-looking statements” within the\nmeaning of the U.S. federal securities laws — that is, statements about the\nfuture, not about past events. Such statements often contain words such as\n“expect,” “may,” “can,” “estimate,” “intend,”\n“anticipate,” “will,” “potential,” “projected\" and other similar\nwords. Forward-looking statements address matters that are, to varying\ndegrees, uncertain, such as forecasts or expectations regarding the deployment\nof, or anticipated benefits of, SLB’s new technologies and partnerships; and\nimprovements in operating procedures and technology. These statements are\nsubject to risks and uncertainties, including, but not limited to, the\ninability to recognize intended benefits of SLB’s strategies, initiatives or\npartnerships; and other risks and uncertainties detailed in SLB’s most\nrecent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities\nand Exchange Commission. If one or more of these or other risks or\nuncertainties materialize (or the consequences of such a development changes),\nor should underlying assumptions prove incorrect, actual outcomes may vary\nmaterially from those reflected in our forward-looking statements. The\nforward-looking statements speak only as of the date of this press release,\nand SLB disclaims any intention or obligation to update publicly or revise\nsuch statements, whether as a result of new information, future events or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260922622466/en/\n(https://www.businesswire.com/news/home/20260922622466/en/)\n\nMedia\n\nJosh Byerly – SVP of Global Communications\n\nMoira Duff – Director of External Communications\n\nSLB\n\nTel: +1 (713) 375-3407\n\nmedia@slb.com (mailto:media@slb.com)\n\nInvestors\n\nJames R. McDonald – SVP of Investor Relations & Industry Affairs\n\nJoy V. Domingo – Director of Investor Relations\n\nSLB\n\nTel: +1 (713) 375-3535\n\ninvestor-relations@slb.com (mailto:investor-relations@slb.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-24T12:04:00.178171557Z","server_sent_at_ms":1790251440178},"received_at":"2026-09-24T12:04:00.229Z","source_url":"https://www.businesswire.com/news/home/20260922622466/en/"},"analysis":{"id":"140820","press_release_id":"152018","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["contract value not disclosed, limiting revenue impact assessment"],"eventType":"operations_update","narrative":"SLB has been awarded four integrated well construction contracts by Aramco to support oil and gas development across Saudi Arabia.\n\nUnder the three-year contracts, each with an optional two-year extension, SLB will manage end-to-end well construction delivering more than 450 wells.\n\nThe awards significantly expand SLB's integrated well construction business in the Kingdom, though no contract value was disclosed.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"SLB deepens Aramco relationship with four multi-year well construction contracts covering 450+ wells in Saudi Arabia."},"keyFigures":{"customDimensions":{"wells_committed":450,"contract_term_years":3,"number_of_contracts":4,"optional_extension_years":2}},"quotedText":"Awarding SLB these advanced well construction programs at scale reflects Aramco’s confidence in our integrated model and capabilities.","namedEntities":{"people":[{"name":"Steve Gassen","role":"Executive Vice President of Geographies, SLB"}],"products":["SLB integrated well construction model"],"companies":[{"name":"SLB","ticker":"SLB","relationship":"contractor"},{"name":"Aramco","relationship":"customer"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Multi-year contract wins from Aramco for 450+ wells expand SLB's integrated well construction business in Saudi Arabia, but no contract value is disclosed and the awards build on an existing long-standing relationship."},"tickerRelevance":{"others":[],"primary":"SLB"},"globalImportance":35,"audienceRelevance":40,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"large-cap","customerTier":"Saudi Aramco (mega-customer)","eventGravity":"contract win without disclosed value","householdBrandBoost":false}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"SLB has been awarded four integrated well construction contracts by Aramco to support oil and gas development across Saudi Arabia.\n\nUnder the three-year contracts, each with an optional two-year extension, SLB will manage end-to-end well construction delivering more than 450 wells.\n\nThe awards significantly expand SLB's integrated well construction business in the Kingdom, though no contract value was disclosed.","key_figures":{"customDimensions":{"wells_committed":450,"contract_term_years":3,"number_of_contracts":4,"optional_extension_years":2}},"named_entities":{"people":[{"name":"Steve Gassen","role":"Executive Vice President of Geographies, SLB"}],"products":["SLB integrated well construction model"],"companies":[{"name":"SLB","ticker":"SLB","relationship":"contractor"},{"name":"Aramco","relationship":"customer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-24T12:04:07.713Z","global_importance":35,"audience_relevance":40,"importance_components":{"tickerTier":"large-cap","customerTier":"Saudi Aramco (mega-customer)","eventGravity":"contract win without disclosed value","householdBrandBoost":false}},"durationMs":4977,"modelName":"glm-5.3-flashx"}}