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SLB (formerly Schlumberger)

Company


Competitors: Baker Hughes, Weatherford, Halliburton
Number of employees
2014 year
126000

Assets

+ SLB (formerly Schlumberger)

Schlumberger (Schlumberger) is a global provider of technology, integrated project management and information solutions for customers working in the oil and gas industry around the world.

Schlumberger Limited has headquarters in Paris, Houston and The Hague.

Business in Russia

Main article: Schlumberger Lodgelko

History

2022

Business growth in Russia due to competitors who left the market

The largest oilfield service company SLB (formerly Schlumberger), after leaving Russia, Western firms intensified their business in the country and was able to increase revenue due to competitors who left the market. The revenue of SLB, operating in Russia and Central Asia, in the third quarter of 2022 increased by 25% compared to the previous quarter.

Name change to SLB

On October 24, 2022, the American oilfield service company Schlumberger announced a name change to SLB. This decision, as noted, reflects the efforts to decarbonize power and focus on innovation.

Schlumberger was founded back in 1926 by brothers Conrad and Marcel Schlumberger. The main operating centers are located in Houston, Paris, London and The Hague. The company helps its customers access energy resources. Services are provided in more than 120 countries around the world.

Schlumberger changed its name

Initially, Schlumberger specialized in oilfield services and equipment, in particular, drilling, well preparation for oil and gas production, and analysis. However, the company then refocused on the provision of digital services and the development of the clean energy direction. We are talking about enterprises with low carbon dioxide emissions. In 2020, the company opened the business division of New Energies for research in the fields of low-carbon and carbon-neutral technologies. Now Schlumberger and almost all subsidiaries of the company will become one under the new SLB brand.

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We believe that in individual markets and in some industries we have the opportunity to innovate and scale clean energy solutions, "said Olivier Le Peuch, Executive Director of SLB.
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On the Russian market, the company suspended its activities in March 2022 due to the current geopolitical situation. The official statement said the following:

As the situation developed, we analyzed the possible further actions and decided to immediately suspend new investments and the deployment of technologies for our operations in Russia. We continue to monitor rapidly changing events and will comply with any existing obligations in full compliance with applicable international laws and regulations.[1]

2019: Finalize deal with Schlumberger to create Sensia JV

On November 13, 2019, the companies Rockwell Automation and Schlumberger announced the completion of a previously announced joint venture deal Sensia that will offer comprehensive digital automation solutions in oil and gas. industries More. here

2014

With more than 126,000 employees (as of August 2014), representing more than 140 nationalities and working in more than 85 countries of the world, Schlumberger provides the widest range of products and services in the industry - from exploration to production.

2013: Revenue from continuing operations - $45.27 billion

In 2013, Schlumberger's revenue from ongoing operations amounted to $45.27 billion. USA