Schlumberger Ltd.

Schlumberger and Microsoft announced an expanded strategic partnership to accelerate new technologies for the energy industry. The first offering, the Schlumberger Enterprise Data Management Solution for the OSDU Data Platform-a new industry standard for energy data-is available today. Energy companies will now benefit from an OSDU-compliant solution, and the ability to seamlessly connect to the DELFI* cognitive E& [...]

Schlumberger New Energy announced today the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a [...]

Schlumberger Ltd. will hold a conference call on April 23, 2021 to discuss the results for the first quarter ending March 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 America or +1 207-6955 [...]

Schlumberger New Energy, Chevron Corp., Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration project designed to produce carbon negative power in Mendota, California. The BECCS plant will convert agricultural waste biomass, such as almond trees, into a renewable synthesis gas that will be mixed with oxygen in a combustor to generate [...]

Schlumberger New Energy, the CEA and partners have announced Florence Lambert as the CEO of the Genvia clean hydrogen production technology venture, effective March 1, 2021. Florence brings more than 20 years of experience in new energy technologies and was previously CEO of CEA-LITEN in Grenoble, France. "Florence has been a respected voice at the forefront of energy transition technology development for a number of [...]

Schlumberger Ltd. today reported results for the fourth-quarter and full-year 2020. Fourth-Quarter Results Three Months Ended Change Dec. 31, 2020 Sept. 30, 2020 Dec. 31, 2019 Sequential Year-on-year Revenue $5,532 $5,258 $8,228 5% -33% Income before taxes - GAAP basis $471 $ $452 n/m 4% Net income - GAAP basis $374 $ $333 n/m 12% Diluted EPS - GAAP basis $0.27 $ $0.24 n/m 12% Adjusted EBITDA* $1,112 $1,018 $1,648 9% -33 [...]

Schlumberger New Energy, the CEA and Partners announced today the European Commission’s approval for the formation of Genvia, a clean hydrogen production technology venture. In a unique private-public partnership model, Genvia combines the expertise and experience of Schlumberger and the CEA with VINCI Construction, Vicat, and the investment vehicle of the French Occitanie Region, l’Agence Régionale de l’Energie et du [...]

Liberty Oilfield Services Inc. and Schlumberger announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada to Liberty on December 31, 2020, including its pressure pumping, pumpdown perforating, and Permian frac sand businesses, in exchange for a 37% equity interest in Liberty. This press release features multimedia. View the full release here [...]

Schlumberger Ltd. will hold a conference call on January 22, 2021 to discuss the results for the fourth quarter and full year ending December 31, 2020. The conference call is scheduled to begin at 8:30 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 [...]

Expands Global Platform in Rod Lift Solutions Lufkin Industries , a portfolio company of KPS Capital Partners, LP , announced today that it has completed the acquisition of the North American Land Rod Lift Business of Schlumberger N.V. . Schlumberger's Rod Lift Business is a large provider of rod lift products and services in North America with brands including Don-Nan, Shores Lift Solutions, KBA Engineering, Platinum [...]