SLB is experiencing operational surges due to activities in the UAE, Kuwait, and Iraq, while its margins are under pressure from Trump-era tariffs.
7 reports, 2 independent
Updated Aug 10
Gone quiet
- Reports
- 7
- Developments
- 3
- Repetition
- 71%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
SLB is experiencing operational surges due to activities in the UAE, Kuwait, and Iraq, while its margins are under pressure from Trump-era tariffs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.RTOC platform developed in UAE.1 source
- SLB secured a seven-year contract from Kuwait Oil Company (KOC).Sub-event
SLB operational surges linked to activities in UAE, Kuwait, and Iraq, complicated by Trump tariff concerns.1 source
Keep exploring
The entities involved
-
SLB
oilfield services company
-
United Arab Emirates
country in Western Asia
-
Kuwait
sovereign state in Western Asia
-
Iraq
sovereign state in Western Asia
Related events
- Iran targeted Kuwaiti power and desalination plant, leading to escalation risks that impacted global oil prices and placed pressure on Donald Trump.
- Businessmen from Qatar, Kuwait, UAE, and Saudi Arabia are investing in Lebanon's economy.
- Trump business accepts foreign investment from UAE entity in a shared crypto business venture.
Coverage
Newest first; wire copies grouped- aogdigital.com
- Offshore TechnologySLB anticipates decrease in global upstream investment in 2025 Oilfield services giant SLB issued a cautionary statement on Friday, indicating a possible downturn in global upstream spending in 2025,