Category: Markets
Published: 2026-06-30T15:23:38.000Z
SLB has secured a seven-year contract with Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative. This agreement positions SLB as the first technology partner in KOC's program, aimed at deploying advanced technologies like AI, IIoT, and production optimization across Kuwait's upstream oil and gas sector. SLB plans to establish a dedicated innovation facility in Kuwait, scheduled to open in 2028, to support knowledge transfer and local technical development.
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