
SLB Signs Subsurface Technology Partnership Agreement with INEOS Energy
Digital AI solutions to maximize operational and cost efficiencies, minimize risk and secure quality recoverable reserves SLB has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS; a global chemical and manufacturing company. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and …

SLB will co-develop and scale up TDA’s emerging sorbent carbon capture technologies for industrial emissions
SLB (NYSE: SLB) and TDA Research Inc., a leading research firm, announced today an exclusive agreement to co-develop and scale up TDA’s emerging sorbent technologies for industrial carbon capture applications across the power, cement, steel and petrochemical sectors. Carbon capture generally represents 50–70% of the total spend of a carbon …

SLB Increased Quarterly Revenue by 20%
U.S. oilfield services company SLB (formerly Schlumberger) increased its net income in 2Q 2023 by 7% to $1.03 billion compared to $959 million in the same period in 2022. This is stated in a message published on July 21 on the company’s website. Earnings per share rose to $0.72 from …

The Largest Oilfield Services Company Has Stopped Deliveries to Russia
SLB announced the termination of the supply of products and technologies from all its enterprises in connection with the tightening of sanctions against Moscow. Prior to this, shipments were limited only from the US, UK, EU and Canada The largest oilfield service company SLB (formerly Schlumberger) announced the termination of …

SLB and Quorum Software Introduce Digital Solution to Optimize and Accelerate Field Development Planning
Integrated solution to cut time required for field development planning by up to 50% SLB (NYSE: SLB) and Quorum Software have introduced a joint digital planning solution, which leverages Quorum’s Planning Space business planning and petroleum economics offering within the FDPlan™ agile field development planning solution from SLB. The integrated …

SLB Restricted Business in Russia
Oilfield services giant SLB has restricted business in Russia to continue operating under sanctions. Among the measures taken by SLB to continue working in Russia under sanctions is the restriction of the supply of products and technologies produced in the US, UK, EU and Canada. The largest oilfield services company …

SLB Completes Acquisition of Gyrodata Incorporated
Complementary technologies to improve wellbore quality, reduce drilling risk SLB (NYSE: SLB) today announced it has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers …

SLB and Linde Collaborate on Carbon Capture and Sequestration
Projects will capture and sequester CO2 emissions from sectors such as hydrogen, ammonia and natural gas SLB and Linde announced today that they have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors. The collaboration will combine …

SLB to Acquire Gyrodata Incorporated
Complementary technologies elevate drilling performance benchmarks SLB today announced it has entered into an agreement to acquire Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will integrate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions. …

Schlumberger Becomes SLB, a Technology Company Driving the Future of Energy
New identity focuses on energy innovation and decarbonization to address the world’s energy needs today and to forge the road ahead for the energy transition Schlumberger today announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company …