The Investor
25 Oct 2025, 08:46
Baker Hughes, Aramco Expand Coiled Tubing Drilling Operations in Saudi Arabia
Baker Hughes (NASDAQ: BKR) announced a multi-year agreement with Aramco to expand integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The deal, booked in Q3 2025, will increase Baker Hughes’ UBCTD fleet from four to 10 units for both re-entry and greenfield projects.
The scope includes underbalanced drilling services, operational management, well construction, and geosciences. Executive Vice President Amerino Gatti said the collaboration builds on nearly 20 years of partnership and will help Aramco access hard-to-reach hydrocarbons more efficiently.
Work under the expanded agreement will begin in 2026, reinforcing Baker Hughes’ long-standing presence and operational excellence in Saudi Arabia’s energy sector.
Baker Hughes (NASDAQ: BKR) announced a multi-year agreement with Aramco to expand integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The deal, booked in Q3 2025, will increase Baker Hughes’ UBCTD fleet from four to 10 units for both re-entry and greenfield projects.
The scope includes underbalanced drilling services, operational management, well construction, and geosciences. Executive Vice President Amerino Gatti said the collaboration builds on nearly 20 years of partnership and will help Aramco access hard-to-reach hydrocarbons more efficiently.
Work under the expanded agreement will begin in 2026, reinforcing Baker Hughes’ long-standing presence and operational excellence in Saudi Arabia’s energy sector.