Schlumberger Opens Research Center in Saudi Arabia
Schlumberger inaugurated a new oilfield research facility in Dharan, Saudi Arabia over the weekend.
The first facility of its kind in the Middle East, the Schlumberger Dharan Center for Carbonate Research (SDCR) houses a team of international scientists working on oil and gas industry research projects with other research institutes. Although research activities will focus on carbonate reservoirs in the Middle East, the work is expected to be applicable worldwide.
"We believe the combination of the Kingdom of Saudi Arabia's leading human and natural resources and our own technical and scientific expertise will allow this new center to develop ground-breaking technologies that will maximize both oil and gas resources in the region and the contribution the exploration and production industry makes to the global economy," said Schlumberger CEO David Gould.
SCDR is located in the King Abdullah Science Park at the King Fahd University of Petroleum and Minerals (KFUPM). It has been built to promote future technology development through closer interaction between research scientists from Schlumberger, experts from KFUPM, Saudi Aramco, and the King Abdul Aziz City for Science and Technology as well as other regional oil companies and institutions.
Operates 44 Offshore Rigs
- Saudi Oil Minister Says Full Aramco IPO Is on Track for 2018 (Oct 18)
- Saudis Said to Weigh Delaying International Part of Aramco IPO (Oct 13)
- How Deep Will Saudi Cut Its Oil Output? To the Lowest Since 2015 (Oct 10)
Company: Schlumberger more info
- Schlumberger's Latest Asset Deal Raises Fresh Concerns Ahead Of 3Q (Oct 19)
- Offshore Start-Up Borr Drilling Aims To Expand Fleet, Keep Costs Low (Aug 30)
- Venezuela's IOUs Pile Up, Keeping US Oil Servicers in Tow (Aug 23)