SLB Ltd.
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About
SLB Ltd. (NYSE: SLB), formerly Schlumberger, is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing about 100,000 people who represent over 140 nationalities, SLB supplies the industry’s most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
Transactions
SLB to Boost Well Construction Business with Gyrodata Acquisition
SLB to Boost Well Construction Business with Gyrodata Acquisition
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
Schlumberger Exits North America Fracking Business in OneStim Sale
Schlumberger Exits North America Fracking Business in OneStim Sale
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
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New Financings
Schlumberger Norge AS, an indirect wholly-owned subsidiary of Schlumberger, will redeem the entire…
Schlumberger Holdings Corpo., an indirect wholly-owned subsidiary of Schlumberger, has commenced a cash…
Schlumberger Holdings Corp. announced pricing terms with respect to its private offer to exchange three…
Launched a tender offer to purchase outstanding Cameron International Corp. debt. The offer was made by…
Launched an offering where its subsidiary Schlumberger Holding Corp. will issue five tranches of senior…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Baker Hughes CEO: Transition Without Oil, Gas is a ‘Dream World’
The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.
OMS Energy Files for IPO, Reports Revenue Growth
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
BP Awards OneSubsea EPC Contract for GoM Kaskida Project
The OneSubsea subsea boosting system will supply the artificial lift needed to maximize production through the accelerated recovery of reserves.
SLB to Sell Interests in Canada’s Palliser Block
SLB and Torxen Energy had purchased the Palliser crude oil and natural gas assets from Cenovus Energy Inc. for about $1.04 billion cash.
E&P Highlights: Oct. 7, 2024
Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
AI: Herald of New Shale Age or Last-ditch Effort to Save Industry?
AI’s ability to optimize may usher oil and gas into a new age—or simply improve on past unconventional recovery methods—depending on who you talk to.
ADNOC Drilling, SLB and Patterson-UTI Form JV Turnwell Industries in UAE
Their joint venture Turnwell Industries LLC has been contracted to drill an initial 144 wells in the United Arab Emirates, scheduled for completion by the end of 2025.
E&P Highlights: Sept. 23, 2024
Here's a roundup of the latest E&P headlines, including Turkey receiving its first floating LNG platform and a partnership between SLB and Aramco.
SLB Proves Direct Lithium Extraction Technology
SLB says its integrated technology solution produces lithium from brine faster than conventional methods while using less land, water and chemicals.
SLB, Palo Alto Networks to Expand Cybersecurity Collaboration
The collaboration looks to strengthen cybersecurity across the energy sector, providing comprehensive security across various platforms.
Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results.
OFS Consolidation Continues with Flowserve to Buy MOGAS
Flowserve will purchase MOGAS Industries for at least $290 million, part of a number of oilfield service company acquisitions announced in 2024.
As Oil Production Scales the Heights, Texas E&P Jobs Disappear —TXOGA
As operational efficiencies give E&Ps the ability to produce more oil with fewer rigs, Texas employment in the oil patch has fallen five out of the first six months of 2024.
E&P Highlights: Aug. 5, 2024
Here’s a roundup of the latest E&P headlines, including new oil discoveries and an implementation of AI technology in operations offshore United Arab Emirates.
SLB, Aker Carbon Capture JV Awarded Carbon Removal Contract
SLB and Aker Carbon Capture were awarded the front end engineering and design contract by CO280 Solutions for large-scale carbon capture plant at a pulp and paper mill.
IndustryVoice
IndustryVoice: Uncover Operational Issues and Remedy Them Before They Occur
Gain complete system understanding and model effects of changing conditions and equipment to avoid unplanned downtime.
IndustryVoice: Streamline Flare Systems Analysis by Using a Single Platform
Improve accuracy and save time during pressure safety studies by eliminating the need for multiple applications.
IndustryVoice: How to Leverage Existing Subsurface Data for Carbon Sequestration Modeling
Manage CCS risk and uncertainty with in-depth site characterization, modeling and expertise.
IndustryVoice: Optimizing well production to maximize ROI across the life cycle
From artificial lift system design to maintenance scheduling, maximize your investment by ensuring optimal flow and production.
IndustryVoice: Using existing data to create efficient, accurate subsurface models
Make the most of your time and investment by using innovative, cloud-based software to maximize existing data, better define subsurface assets, and create an accurate earth-scale model.
IndustryVoice: How to Drill the Best Wells on the Best Acreage with Limited Data
Reduce uncertainty by turning varied, limited wellbore data into a reservoir-scale model on the Cloud, as you need it, without excessive IT requirements and massive computer software. Gain valuable insights so you get it right the first time.