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Petrofac and Schlumberger have announced that Petrofac has sold its 50% interest in Petro-SPM Integrated Services S.A. de C.V to Schlumberger. Petro-SPM operates the Pánuco Integrated Service Contract in Mexico. Schlumberger now owns 100% of Petro-SPM.
Scope of contract includes longest subsea multiphase boosting tieback in the UK North Sea.
Pulsar service is designed to deliver rigless formation evaluation and monitoring for any reservoir to improve drilling efficiency and well productivity.
Schlumberger has signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, in alignment with the Kingdom’s economic vision for 2030.
The area of mutual interest encompasses approximately 1100 square miles. The first phase of the Coyanosa Survey will consist of approximately 306 square miles of high-quality, 3D seismic data in Ward, Reeves and Pecos Counties, Texas.
Lift IQ service improves well production and artificial lift equipment performance.
Peak’s advanced flow control products and well intervention solutions will help expand Schlumberger's Production Services portfolio.