SLB awarded seven-year contract by Kuwait Oil Company for AI and digital tech initiative

Type: Supply Agreement · Technology: Oil Gas · Country: Kuwait · Announced: 2026-06-30

SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative. The agreement focuses on supporting applied research, technology deployment, and digital innovation programs aligned with Kuwait's long-term energy objectives. SLB will work with KOC to evaluate, test, and deploy technologies across areas including artificial intelligence, industrial internet of things applications, production optimization, reservoir technologies, water management, and energy transition initiatives. As part of the agreement, SLB plans to establish a dedicated Ahmadi Innovation Valley facility in Kuwait, with construction expected to begin in 2026 and opening planned for 2028. This initiative aims to accelerate technology deployment, strengthen local capabilities, and expand knowledge transfer within Kuwait's energy industry.

Analysis

SLB was awarded a seven-year supply agreement by Kuwait Oil Company (KOC) for an AI and digital technology initiative in Kuwait, announced on June 30, 2026. SLB is a global technology company focused on driving energy innovation. The agreement supports applied research, technology deployment, and digital innovation programs for KOC. SLB plans to establish a dedicated Ahmadi Innovation Valley facility in Kuwait, with construction beginning in 2026 and opening planned for 2028.

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