Business contract award

SLB Wins PDO Contracts for Oman's Block-6

Analysis based on 7 articles · First reported Jan 29, 2026 · Last updated Feb 01, 2026

Sentiment

Attention

Articles

Market Impact

Direct

Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

Market Impact

The market is positively impacted by SLB securing significant contracts, indicating continued investment in oil and gas production efficiency. This also highlights the growing importance of in-country value programs in the Middle East, which can influence supply chain and manufacturing investments.

Oil and gas Energy services Manufacturing

Event Summary

SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman's largest oil and gas concession. These contracts aim to increase recovery rates and extend the productive life of Block-6 assets. A key aspect of the agreements is the advancement of in-country value (ICV), which includes expanding local manufacturing capabilities and introducing made-in-Oman gate valve production within six months. Wellheads will be produced at SLB's Rusayl production center, and electric submersible pumps (ESPs) will be assembled at its Nizwa assembly, repair, and testing center, supporting hundreds of Omani employees. SLB will deploy advanced technologies such as the 15k SOLIDrill modular compact wellhead system, ESP surveillance systems, and ESP permanent magnet motors to reduce power consumption and enhance sustainability. The Government of Oman, PTT Public Company Limited, Shell plc, and TotalEnergies are owners of Block-6.

Key Actions

100 Petroleum Development Oman awarded two five-year contracts SLB

90 SLB to supply wellheads and artificial lift technologies Petroleum Development Oman

70 SLB to expand local manufacturing capabilities in Oman

Entities Involved

stock

SLB

SLB has been awarded two five-year contracts by Petroleum Development Oman (PDO) to supply wellheads and artificial lift technologies for operations in Block-6, Oman. This will increase SLB's revenue and market presence in the Middle East.

Importance 100 Sentiment 60

priv

Petroleum Development Oman

Petroleum Development Oman (PDO) has awarded two five-year contracts to SLB for wellheads and artificial lift technologies, which are expected to increase recovery rates and extend the productive life of its Block-6 assets.

Importance 90 Sentiment 50

cnt

Oman

Oman benefits from the contracts through the advancement of in-country value (ICV), including local manufacturing expansion and job creation for Omani employees at SLB's facilities.

Importance 70 Sentiment 30

stock

PTT Public Company Limited

PTT Public Company Limited is a part owner of Block-6, which will benefit from the increased recovery rates and extended productive life of the assets due to the new contracts.

Importance 20 Sentiment 10

stock

Shell plc

Shell plc is a part owner of Block-6, which will benefit from the increased recovery rates and extended productive life of the assets due to the new contracts.

Importance 20 Sentiment 10

stock

TotalEnergies

TotalEnergies is a part owner of Block-6, which will benefit from the increased recovery rates and extended productive life of the assets due to the new contracts.

Importance 20 Sentiment 10

per

Jesus Lamas

Jesus Lamas, president of Middle East and North Africa for SLB, commented on the contracts, highlighting SLB's commitment to Oman's energy future and in-country value.

Importance 10 Sentiment 0

Relationships

SLB related ↔ Petroleum Development Oman

SLB related ↔ Oman

Petroleum Development Oman related ↔ Oman

NEWSDESK

Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard