Schlumberger Ltd.

Schlumberger announced today an award to OneSubsea® and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, LLC, for an engineering, procurement, construction and installation contract for the Odd Job field in the Gulf of Mexico. Through the EPCI contract, OneSubsea, the subsea technologies, production, and processing systems business of Schlumberger, will supply a subsea multiphase boosting [...]

Schlumberger Ltd. today announced results for the second-quarter 2022. Second-Quarter Results Three Months Ended Change Jun. 30, 2022 Mar. 31, 2022 Jun. 30, 2021 Sequential Year-on-year Revenue $6,773 $5,962 $5,634 14% 20% Income before taxes - GAAP basis $1,152 $638 $542 81% 113% Net income - GAAP basis $959 $510 $431 88% 123% Diluted EPS - GAAP basis $0.67 $0.36 $0.30 86% 123% Adjusted EBITDA* $1,530 $1,254 $1,198 22 [...]

Hyzon Motors is teaming up with Schlumberger Ltd. to reduce emissions in upstream oil & gas operations with power generated by its heavy duty fuel cell systems. Hyzon, a global supplier of zero-emissions hydrogen-powered and fuel cell electric commercial vehicles, announced today a joint development agreement with Schlumberger, the world's leading provider of technology to the global energy industry. Under the JDA, Hyzon [...]

Schlumberger Ltd. will hold a conference call on July 22, 2022 to discuss the results for the second quarter ending June 30, 2022. 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 +1 721-7241 within North America or +1 207-6955 [...]

Schlumberger today announced it has expanded its global INNOVATION FACTORI network with the inauguration of a new center in Oslo, Norway. "At INNOVATION FACTORI, customer teams will benefit from an agile, collaborative development approach with our domain and data science experts to address their strategic demands, such as drilling automation, digital twins for production optimization, and carbon capture and storage [...]

Schlumberger Ltd. today reported financial results for the first-quarter 2022. First-Quarter Results Three Months Ended Change Mar. 31, 2022 Dec. 31, 2021 Mar. 31, 2021 Sequential Year-on-year Revenue $5,962 $6,225 $5,223 -4% 14% Income before taxes - GAAP basis $638 $755 $386 -16% 65% Net income - GAAP basis $510 $601 $299 -15% 70% Diluted EPS - GAAP basis $0.36 $0.42 $0.21 -14% 71% Adjusted EBITDA* $1,254 $1,381 $1,049 [...]

Schlumberger Ltd. will hold a conference call on April 22, 2022 to discuss the results for the first quarter ending March 31, 2022. 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 +1 721-7241 within North America or +1 207-6955 [...]

Schlumberger today provided the following update with regard to its operations in Russia: "We have watched with immense concern as the conflict in Ukraine has escalated," said Chief Executive Officer Olivier Le Peuch. "First and foremost, we are deeply focused on the health, safety and security of our employees, colleagues and their families in Ukraine, Russia and throughout the region. "As the situation has developed, we [...]

Schlumberger announced today a major contract award by Saudi Aramco for integrated drilling and well construction services in a gas drilling project. The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling and logging while drilling , drilling fluids, cementing, and completing wells. Schlumberger will leverage digital solutions to enhance [...]

Schlumberger today expanded its successful INNOVATION FACTORI network with the opening of a new center in Houston, Texas. INNOVATION FACTORI enables customers to accelerate the development and deployment of enterprise-scale AI and digital solutions, in the context of their unique business challenges, spanning exploration to production and new energy systems. "At INNOVATION FACTORI, customer teams join with our domain and [...]