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Stock impact report

SLB Wins PDO Block-6 Deals Tying Local Manufacturing To Long-Term Services [Yahoo! Finance]

Halliburton Company (HAL) 
Last halliburton company earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.halliburton.com
Company Research Source: Yahoo! Finance
SLB (NYSE:SLB) secured major five-year contracts from Petroleum Development Oman tied to Block-6, the country's largest oil and gas asset. The agreements include local manufacturing of wellheads and deployment of advanced recovery and artificial lift technologies. The program is expected to support hundreds of Omani jobs and deepen SLB's role in Oman's oil field operations. For you as an investor, this development sits at the core of what SLB does, providing technology and services that help national oil companies run complex fields efficiently. The Middle East is a key region for many global oilfield service groups, and a multi-year award in Block-6 aligns with that focus on long-term production projects and local partnerships. These Oman contracts also relate to themes that are important for many energy investors, such as in-country value, job creation, and efficient recovery from mature fields. As you think about NYSE:SLB, this type of recurring, service-focused work can b Show less Read more
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