SNOC signs new agreement with SLB at ADIPEC 2022

Sharjah National Oil Corporation (SNOC) has awarded a framework agreement to SLB (previously Schlumberger) to execute SNOC’s new Underbalanced Coiled Tubing Drilling (UBCTD) project.

The agreement was signed by Hatem Al Mosa, CEO of SNOC and Hichem Bouhlel, managing director of SLB UAE, during their participation at ADIPEC 2022.

SNOC was the first in the Middle East to employ UBCTD technology which was initially used on the Sajaa Field in Sharjah in 2003.

Commenting on the signing of the agreement, Al Mosa said, “SNOC is committed to investing in advanced technology to ensure that we meet the highest standards in drilling and operations for our gas projects, in line with our long-term strategy. We are confident that the awarding of this project to SLB will help drive further efficiency in our cost and operations.”

The new deal will see the management of up to four wells, with the option to extend the project to two years. It targets to realise SNOC’s ongoing efforts on economic and operational optimisation, thereby increasing the productivity of its gas operations and storage in the Moveyied field.

The agreement covers the project management and execution of Integrated Coiled Tubing Drilling services comprising the provision of coiled tubing drilling unit, fluid pumping services, nitrogen pumping services, underbalanced flow-back package, CTD directional BHA’s, drilling services, and drill bits.

SLB’s advanced Integrated Coil Tubing Drilling services with proven underbalanced control during drilling will provide the existing gas storage wells with higher quality multi-lateral legs with no formation damage, resulting in enhanced production and injection performances.

Source: Oil Review Middle East