SLB secures energy technology contract in Kuwait

AHMADI, June 30, 2026 – SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative to support applied research, technology deployment and digital innovation programmes, SLB said on Tuesday.

The agreement makes SLB the first contracted partner under KOC’s flagship innovation initiative and covers nearly 100 projects spanning AI, industrial IoT applications, production optimisation, reservoir technologies, water management and energy transition initiatives.

As part of the contract, SLB plans to establish a dedicated centre at the Ahmadi Innovation Valley facility in Kuwait, with construction expected to begin in 2026 and opening planned for 2028.

“Ahmadi Innovation Valley represents an important step in advancing technology leadership across Kuwait’s energy sector,” said KOC CEO Ahmad Jaber Al-Eidan. “Through collaboration with leading technology partners, we are accelerating technology deployment, strengthening local capabilities and expanding knowledge transfer to support Kuwait’s energy industry.”

Read our interview with Ahmad Jaber Al-Eidan, CEO of Kuwait Oil Company, here.

SLB is a global energy technology company providing services and digital solutions across the upstream, midstream and carbon management sectors. In Kuwait, the company has worked with KOC for more than 85 years, supporting exploration, drilling, production and digital technology deployment.

Rendering courtesy of SLB

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