Service Companies & Manufactures

Aker Solutions, SLB and Subsea7 Complete the Deal to Create the OneSubsea Joint Venture

OneSubsea’s portfolio of leading technologies will improve the performance of subsea assets while improving energy efficiency and reducing CO2 emissions. Aker Solutions will own 20 percent of the new company and receive a total consideration of US$700 million in the deal. Aker Solutions, SLB and Subsea7 today announce the final …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Oil & Gas Operators

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 …

READ MORE →
Oil & Gas Operators

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 …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Service Companies & Manufactures

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 …

READ MORE →
Service Companies & Manufactures

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. …

READ MORE →