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US-based global oilfield services company SLB – formerly Schlumberger – has secured a contract with Libya’s National Drilling Company – a subsidiary of the National Oil Corporation (NOC) – for the drilling of three new wells in the Nesr and Al Waha fields.
SLB has been contracted to drill the wells on behalf of Libyan oil company Remas Libya Company.
According to Hussein Saffar, Board Member of the NOC, the contract signed with SLB falls under efforts by the NOC to partner with global firms that have the necessary experience and technical capabilities to help Libya maximize oil production.
Saffer stated that the contract will help “improve the operational efficiency of the sector.”
