Baker Hughes and Aramco Signed New Multi-Year Agreement to Boost Natural Gas Development

SEATTLE (Oil Monster): Baker Hughes has signed a new multi-year agreement with Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The collaboration is designed to enhance gas development and improve production efficiency, with operations under the new deal expected to begin in 2026.

As part of the agreement, Baker Hughes will significantly scale up its UBCTD fleet — increasing from four to ten operational units. The company will deliver end-to-end solutions covering all phases of UBCTD operations, from planning and engineering to execution and optimization. The expansion is expected to accelerate Aramco’s access to natural gas resources in both existing and newly developed fields, supporting the company’s growing emphasis on gas exploration and cleaner energy production.

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Commenting on the partnership, Amerino Gatti, Executive Vice President of Oilfield Services and Equipment at Baker Hughes, said the initiative reflects nearly two decades of successful collaboration with Aramco in underbalanced coiled tubing drilling. He emphasized that Baker Hughes will deploy a comprehensive service model to help Aramco unlock its resources more efficiently and sustainably.

The agreement also underscores Baker Hughes’ commitment to Saudi Arabia’s Vision 2030 energy transition goals, strengthening its role in advancing next-generation drilling technologies. By expanding UBCTD capabilities, both companies aim to redefine conventional oil and gas production methods while promoting greater efficiency and lower environmental impact in the Kingdom’s energy sector.