Global technology company SLB today announced that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management. The work builds on SLB's subsurface understanding of the Mutriba field to support development planning and execution across deeper, technically demanding reservoir conditions. The contract covers [...]
SLB has been awarded two five-year contracts by Petroleum Development Oman to supply wellheads and artificial lift technologies for operations in Block-6, Oman's largest oil and gas concession, while advancing in-country value . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260128443014/en/ The contracts include the provision of low-pressure, high-pressure [...]
SLB today announced results for the fourth-quarter and full-year 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121043645/en/ The exterior of the SLB headquarters in Houston, Texas. Fourth-Quarter Results Three Months Ended Change Dec. 31, 2025 Sept. 30, 2025 Dec. 31, 2024 Sequential Year-on-year Revenue $9,745 $8,928 $9,284 9% 5% Income before taxes [...]
Global technology company SLB has been awarded a five-year contract by Aramco to provide stimulation services for its unconventional gas fields. This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251223074948/en/ The contract [...]
Global energy technology company SLB signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211832051/en/ The collaboration has the ambition to develop [...]
SLB will hold a conference call on January 23, 2026, to discuss the results for the fourth quarter and full year ending December 31, 2025. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 470-1428 within North America or +1 [...]
Global energy technology company SLB today announced the launch of Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes. Tela will be embedded in SLB's portfolio of applications and platforms, and users will interact through a simple conversational interface. This [...]
Global energy technology company SLB announced today the award of two sizeable engineering, procurement, and construction contracts by PTT Exploration and Production Public Company Limited to its OneSubsea™ joint venture. The contracts build on a 20-year collaboration between the two companies and cover the expansion of two fields offshore Malaysia. This press release features multimedia. View the full release here [...]
Global energy technology company SLB and leading geothermal and renewable energy company Ormat Technologies today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems . EGS is the next generation of geothermal technology, meant to unlock geothermal energy in regions beyond where conventional geothermal resources exist. This press [...]
SLB today announced results for the third-quarter 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251015948706/en/ The exterior of the SLB headquarters in Houston, Texas. Third-Quarter Results Three Months Ended Change Sept. 30, 2025 Jun. 30, 2025 Sept. 30, 2024 Sequential Year-on-year Revenue $8,928 $8,546 $9,159 4% -3% Income before taxes - GAAP basis [...]
Global technology company SLB today announced a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250924652091/en/ As part of its project scope, SLB will deploy advanced electric completions technologies and digital [...]
SLB will hold a conference call on October 17, 2025, to discuss the results for the third quarter ending September 30, 2025. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 470-1428 within North America or +1 844-6383 outside of [...]