Core Viewpoint - SLB has signed a five-year contract worth $1.5 billion with Kuwait Oil Company to support the next phase of development at the Mutriba oil field, highlighting the importance of integrated service agreements in the Middle East oil field development [1] Group 1: Contract Details - The contract includes end-to-end oil field development services, covering integrated design, development planning, and production management [1] - The agreement expands SLB's service scope as the oil field development enters a more complex technical phase involving high pressure, high temperature, and high sulfur conditions [1] Group 2: Strategic Importance - The contract reflects the strength of the long-term partnership between SLB and Kuwait Oil Company [1] - Kuwait is advancing large upstream projects to maintain production capacity and address increasingly complex reservoir challenges [1] - The Mutriba contract underscores the growing significance of long-term integrated service agreements in optimizing the development of deeper and higher sulfur content reservoirs [1]