SLB is navigating mixed signals, balancing potential benefits from MENA spending and Trump-era tariffs against operational challenges in Saudi Arabia.

The entities involved

• SLB →

  oilfield services company

  • Key contractors SLB and Saipem are deployed in the Caspian Sea for a complex intervention project involving BORIS.Mon 15:52
  • Attacks on Iran are disrupting global oil trade, while El Niño conditions rise drought risks and impending Fed rate hikes affect currency markets.Sun 00:35
• Saudi Arabia →

  country in West Asia

  • Escalating conflict involves Iran and Saudi Arabia, with fighting intensifying between Saudi-backed forces and Houthis. Karami warns of a firm response to miscalculation.Mon 17:52
  • Ishaq Dar attended an R-4 meeting in Cairo today, contributing to ongoing diplomatic efforts.Mon 17:12
• North Africa →

  northernmost region of the African continent

  • A U.S. embassy uncovered a birth tourism network, leading the State Department to revoke visas in Europe, North Africa, and Africa.Sun 21:46
  • Rubio leads crackdown on birthright citizenship scams, while institutes monitor birth tourism networks operating in North Africa.Sun 20:36

Related events

• The US maintains structural leverage over Saudi Arabia, while SAMA tested new technology before withdrawing.Sep 21
• Markets are offering long-term infrastructure opportunities.Sep 3