Schlumberger Ltd.

Schlumberger today announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud. "This digital platform will drive workflow and data efficiency, enabling ConocoPhillips to meet their diverse reservoir [...]

Schlumberger will deploy the DELFI* cognitive E&P environment on the Norwegian CO2 project by the Northern Lights Joint Venture , to streamline subsurface workflows and longer-term modeling and surveillance of CO2 sequestration. NL was established to develop the world's first open-source CO2 transport and storage infrastructure, providing accelerated decarbonization opportunities for European industries, with an ambition [...]

Schlumberger Ltd. today reported results for the fourth-quarter and full-year 2021. Fourth-Quarter Results Three Months Ended Change Dec. 31, 2021 Sept. 30, 2021 Dec. 31, 2020 Sequential Year-on-year Revenue* $6,225 $5,847 $5,532 6% 13% Income before taxes - GAAP basis $755 $691 $471 9% 60% Net income - GAAP basis $601 $550 $374 9% 61% Diluted EPS - GAAP basis $0.42 $0.39 $0.27 8% 56% Adjusted EBITDA** $1,381 $1,296 [...]

Schlumberger Ltd. will hold a conference call on January 21, 2022 to discuss the results for the fourth quarter and full year ending December 31, 2021. 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 [...]

As part of its ongoing commitment to debt reduction, Schlumberger Ltd. today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger , will redeem the entire outstanding principal amount of its 2.40% Senior Notes due 2022 . The redemption date for the Notes is May 2, 2022 . The aggregate principal amount of the Notes outstanding is $1,000,000,000. SISA has deposited sufficient funds [...]

Schlumberger New Energy, the CEA and partners have announced the signature of pilot project agreements between Genvia and critical-industry leaders on the pathway to net zero in the cement and steel industries. Through these agreements, Genvia will scale up the next generation of electrolyzer technology, developed over two decades of R&D at the CEA, to produce clean hydrogen without CO2 emissions, accelerating the [...]

Schlumberger Ltd. today reported results for the third-quarter 2021. Third-Quarter Results Three Months Ended Change Sept. 30, 2021 Jun. 30, 2021 Sept. 30, 2020 Sequential Year-on-year Revenue* $5,847 $5,634 $5,258 4% 11% Income before taxes - GAAP basis $691 $542 $ 28% n/m Net income - GAAP basis $550 $431 $ 28% n/m Diluted EPS - GAAP basis $0.39 $0.30 $ 30% n/m Adjusted EBITDA** $1,296 $1,198 $1,018 8% 27% Adjusted [...]

Schlumberger announced today a significant contract award by Turkish Petroleum for the engineering, procurement, construction and installation of end-to-end production solutions for the Sakarya gas field, Turkey's largest gas reserve. The contract is awarded to Schlumberger and Subsea 7, as part of a consortium. The integrated project scope will cover subsurface solutions to onshore production, including well completions [...]

Schlumberger and AVEVA today announced an agreement to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production. The companies will work together to streamline how energy operators acquire, process and action field data for enhanced wellsite efficiency and performance. Initial focus of the collaboration includes linking edge systems to applications in the DELFI* cognitive E& [...]

Schlumberger Ltd. will hold a conference call on October 22, 2021 to discuss the results for the third quarter ending September 30, 2021. 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 [...]