energy

PDO awards SLB five-year well stimulation deal for Oman's Block 6

Petroleum Development Oman has given SLB a five-year contract for well stimulation and fracturing in Block 6. Value and well count were not disclosed.

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what happened

Petroleum Development Oman (PDO) has awarded SLB a five-year contract for integrated well stimulation and hydraulic fracturing in Block 6, according to Reuters, which cited ZAWYA. The deal was disclosed in SLB's third-quarter results released on October 23. The contract value, number of wells and specific fields were not disclosed.

The agreement extends a long relationship: in 2021, SLB, then called Schlumberger, won a five-year contract for fracturing up to 350 wells in Oman, with options for two two-year extensions. It is unclear whether the new deal replaces that arrangement. Less than six months earlier, PDO also gave Omani contractor Abraj Energy Services a five-year fracturing contract worth about RO 120 million.

why it matters

The news is routine and does not signal any change in Omani output. For markets it mainly confirms steady demand for oilfield services, so it is unlikely to have a material effect on oil prices.

market impact

Oilfield services: confirms steady demand for production services in Oman

tags

instruments

SLBBrentOman oil production

sources

  1. ZAWYA: Oman: PDO awards SLB five-year well stimulation contract — Reuters, 26 October 2026 at 08:43 UTC

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