SLB and Shell Partnership Redefining Energy Development
In a strategic move to enhance capital-efficient energy development, SLB (formerly Schlumberger) has secured a series of pivotal contracts from Shell.
These multi-region agreements span several deep- and ultra-deepwater projects across the UK North Sea, Trinidad and Tobago, the Gulf of Mexico, and beyond. The partnership promises a cutting-edge approach to drilling, leveraging artificial intelligence (AI) and advanced technologies to deliver consistent, cost-efficient wells.
Wallace Pescarini, President of Offshore Atlantic at SLB, underscored the significance of this collaboration: “We are proud to continue our long-standing relationship with Shell through the fulfillment of these multi-region deepwater contracts. Over the years, we have worked diligently to provide safe, high-quality services to our customers, including Shell. Drawing on our global expertise in complex deepwater environments and advanced technology solutions, we will align with Shell’s expectations for safe and efficient energy development on these projects.”
Expanding Energy Horizons Across Regions
The awarded contracts are set to run over three years, marking a robust commitment from both parties to drive energy development in some of the world’s most challenging offshore environments.
These projects will not only bolster energy production but also set a new benchmark for efficiency in deepwater drilling.
The operations will cover:
- UK North Sea: A region known for its complex geology and harsh weather conditions.
- Trinidad and Tobago: An energy hub with significant offshore potential.
- Gulf of Mexico: A mature but resource-rich basin offering opportunities for technological innovation.
SLB’s advanced digital drilling capabilities will be at the forefront, ensuring precision and repeatability across all locations. By integrating AI-driven solutions, the company aims to standardise processes, minimise operational risks, and optimise performance—a critical factor in reducing costs in high-stakes environments.
The Power of AI in Drilling
One of the standout features of these contracts is SLB’s use of AI-enabled technologies to revolutionise deepwater drilling. Through their Performance Live™ centres, SLB will deliver real-time data and remote operational support to streamline decision-making and execution.
AI integration will support:
- Digital Directional Drilling: Improving accuracy and reducing non-productive time.
- Logging While Drilling (LWD): Enhancing reservoir understanding and decision-making on the fly.
- Cementing and Fluids Services: Ensuring well integrity and optimising drilling fluids for each unique geological condition.
By combining advanced algorithms with decades of deepwater expertise, SLB ensures predictable and consistent outcomes, setting a gold standard for the industry.
Supporting Shell’s Energy Transition Goals
This partnership aligns with Shell’s broader commitment to sustainable energy development. As the energy giant continues to explore ways to balance traditional hydrocarbon production with renewable initiatives, these projects demonstrate how technology can play a pivotal role in achieving efficiency and reducing environmental impact.
SLB’s involvement is not just about drilling; it’s about leveraging technology to create a more balanced planet. Their commitment to innovation, digitalisation, and decarbonisation complements Shell’s vision of a sustainable energy future.
A Legacy of Excellence in Deepwater Operations
SLB has long been a leader in deepwater drilling, with a presence in over 100 countries and a workforce that reflects a diverse, global perspective. This extensive footprint enables the company to tackle some of the most challenging projects on the planet.
Key services provided under the new contracts include:
- Surface Logging: Capturing detailed geological data to enhance exploration.
- Completions and Wireline Services: Ensuring wells are productive and operationally sound.
- Cementing Solutions: Enhancing well stability and long-term integrity.
This comprehensive suite of services underscores SLB’s ability to deliver end-to-end solutions tailored to the unique demands of deepwater environments.
Beyond Oil and Gas
SLB’s role in these contracts highlights its ability to adapt to the changing energy landscape. While traditional oil and gas remain central, the company is also pioneering new energy systems to support the global energy transition. By integrating digital at scale and decarbonising industries, SLB is positioning itself as a key player in the journey toward net-zero emissions.
This partnership with Shell demonstrates the potential of combining advanced technology with a commitment to sustainability. As the energy sector evolves, collaborations like this will undoubtedly shape the future of offshore development, ensuring both economic viability and environmental responsibility.
A Blueprint for Success
The multi-region contracts between SLB and Shell represent more than just a business arrangement; they’re a glimpse into the future of energy development. By embracing innovation and prioritising efficiency, these projects set a precedent for the industry to follow.
As SLB’s Performance Live™ centres continue to drive real-time insights and Shell remains committed to sustainable practices, the partnership is poised to deliver results that resonate far beyond the immediate scope of the contracts. It’s a blueprint for how technology and collaboration can redefine what’s possible in deepwater drilling.
