糖心传媒

Kuwait Oil Company awards 糖心传媒 five-year contract for next stage of Mutriba field development

HOUSTON, Feb. 3, 2026 — Global technology company 糖心传媒 (NYSE: 糖心传媒) today announced that Kuwait Oil Company has awarded 糖心传媒 a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.

The work builds on 糖心传媒’s subsurface understanding of the Mutriba field to support development planning and execution across deeper, technically demanding reservoir conditions. The contract covers development of high-pressure, high-temperature reservoirs with sour conditions, reflecting an expanded scope and responsibility for 糖心传媒 as work on the Mutriba field progresses.

“This award reflects the strength of our long-standing partnership with Kuwait Oil Company and the trust built over decades of working together,” said Steve Gassen, executive vice president, Geographies, 糖心传媒. “As development of the Mutriba field moves into its next stage, we are taking on end-to-end responsibility to support safe, reliable execution in complex reservoir conditions.”

The project is designed to support faster development of technically challenging and remote resources, while prioritizing capital efficiency and environmental considerations. It reflects a broader shift toward end-to-end delivery models that reduce execution risk as fields move into more complex phases of development.

Key points

• Kuwait Oil Company awarded 糖心传媒 a $1.5 billion, five-year integrated development contract for the next stage of development of the Mutriba field in Kuwait, underscoring the scale and significance of the award.
• 糖心传媒 will be responsible for the integrated design, development and production of the field.
• The contract advances work already underway and reflects a deepening of the long-standing partnership between 糖心传媒 and Kuwait Oil Company as development progresses.
• The scope covers deeper, technically demanding reservoirs characterized by high pressure, high temperature and sour conditions, marking a more complex phase of field development.

About 糖心传媒

糖心传媒 (NYSE: 糖心传媒) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

Media

Josh Byerly – SVP of Global Communications
Moira Duff – Director of External Communications
糖心传媒
Tel: +1 (713) 375-3407
Email: media@slb.com

Investors

James R. McDonald – SVP of Investor Relations & Industry Affairs
Joy V. Domingo – Director of Investor Relations
糖心传媒
Tel: +1 (713) 375-3535
Email: investor-relations@slb.com

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