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TotalEnergies selects SLB DrillPlan for enterprise drilling engineering transformation
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SLB secures 15-year TotalEnergies DrillPlan mandate as digital margins outpace drilling

SLB has secured a 15-year agreement to deploy DrillPlan across TotalEnergies' global upstream portfolio, strengthening its position in enterprise energy software. The award builds on a wider digital collaboration as SLB's Digital division delivers 18% annual revenue growth and substantially higher margins than its traditional well construction business, although the contract's financial value and performance targets remain undisclosed.
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NABEP’s reserve base is enormous, but its $100bn Venezuela plan still has to find the capital

North American Blue Energy Partners is set to control 17 Venezuelan oilfields containing about 65 billion barrels while targeting more than 1 million barrels a day of production. The unprecedented structure gives the U.S. government a 35% equity stake and preferential access to output, but the real commercial test is whether NABEP can finance and execute a proposed $100 billion infrastructure programme across fields that have suffered years of underinvestment.