Brunei Shell Petroleum (BSP) awarded Schlumberger a contract to restore production from shut-in wells across multiple offshore fields. This project marks the first deployment of an integrated production restoration solution for BSP. The scope includes subsurface evaluation, engineering, and offshore execution.

Separately, Venezuela’s government signed contracts with Schlumberger to increase national crude oil production. One agreement establishes a framework for integrated reservoir studies throughout Venezuela. These deals focus on integrated recovery solutions to maximize output from existing oil assets.