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The following content is a news release distributed by Business Wire. The original news release may be found here.

SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development

Distributed by Business Wire30 Sep 2024

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on the acceleration of UAE’s unconventional oil and gas program, with an initial 144 wells scheduled for completi...

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