Schlumberger Ltd.

Schlumberger announced today its commitment to setting a science-based target to reduce its greenhouse gas emissions. Schlumberger’s commitment has been submitted to the Science Based Targets initiative and, in line with the defined criteria, Schlumberger will define its reduction target by 2021. This commitment is part of the company’s thought leadership and focus on environmental and social sustainability [...]

Schlumberger Ltd. announced today that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020. Mr. Ayat, who joined the Company in 1982, will remain with Schlumberger as Senior Strategic Advisor to the Company’s Chief Executive Officer for a period of two years. Schlumberger CEO Olivier Le Peuch commented, "On behalf of the Company and its Board [...]

Schlumberger Ltd. will hold a conference call on January 17, 2020 to discuss the results for the fourth quarter and full year ending December 31, 2019. 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 [...]

Schlumberger Ltd. today announced that Schlumberger Norge AS, an indirect wholly-owned subsidiary of Schlumberger , will redeem the entire outstanding principal amount of its 4.200% Senior Notes due 2021 . The redemption date for the Notes is December 19, 2019 . The Notes are currently listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market. The aggregate principal [...]

Schlumberger Ltd. today announced that Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , will redeem the entire outstanding principal amount of its 3.000% Senior Notes due 2020 , and that Cameron International Corporation, an indirect wholly-owned subsidiary of Schlumberger , will redeem the entire outstanding principal amount of its 4.50% Senior Notes due 2021 and the entire [...]

Schlumberger Ltd. today reported results for the third quarter of 2019. Three Months Ended Change Sept. 30, 2019 Jun. 30, 2019 Sept. 30, 2018 Sequential Year-on-year Revenue $8,541 $8,269 $8,504 3% 0% Income before taxes - GAAP basis $ $593 $787 n/m n/m Pretax segment operating income* $1,096 $968 $1,152 13% -5% Pretax segment operating margin* 12.8% 11.7% 13.5% 113 bps -71 bps Net income - GAAP basis $ $492 $644 n/m n/m [...]

Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With product sales and services in more than 120 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through [...]

Rockwell Automation and Schlumberger today announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191002005057/en/ Sensia will make oil and gas production, transportation and processing simpler [...]

Schlumberger Ltd. today announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , for any and all of its outstanding 3.000% Senior Notes due 2020 and 3.625% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 18, 2019 and the related Notice of [...]

Schlumberger Ltd. today announced that Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , has priced the previously announced cash tender offer for any and all of its outstanding 3.000% Senior Notes due 2020 and 3.625% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 18, 2019 and the related Notice of Guaranteed [...]