SLB today introduced the EcoShield™ geopolymer cement-free system that minimizes the CO2 footprint of a well's construction. This innovative technology eliminates up to 85 percent of embodied CO2 emissions compared with conventional well cementing systems, which include portland cement. The EcoShield system has the potential to avoid up to 5 million metric tons of CO2 emissions annually-the equivalent of removing [...]
SLB today announced it has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata's wellbore placement and surveying technologies within SLB's Well Construction business, bringing customers innovative drilling solutions. This combination will improve wellbore quality and reduce drilling risk to [...]
SLB today announced results for the fourth-quarter and full-year 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230118006018/en/ The exterior of the SLB corporate headquarters, Houston. Fourth-Quarter Results Three Months Ended Change Dec. 31, 2022 Sept. 30, 2022 Dec. 31, 2021 Sequential Year-on-year Revenue $7,879 $7,477 $6,225 5% 27% Income before taxes [...]
SLB will hold a conference call on January 20, 2023 to discuss the results for the fourth quarter and full year ending December 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 [...]
SLB today announced the consideration payable in connection with the previously announced offer by Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of SLB , to purchase for cash up to a certain amount of the notes listed in the table below , pursuant to the terms and subject to the conditions set forth in the offer to purchase, dated November 21, 2022 . Capitalized terms used but not defined in this [...]
SLB today announced the early results of the previously announced offer by Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of SLB , to purchase for cash up to an aggregate purchase price amount, including premium but excluding any Accrued Interest , of $500,000,000 of the notes listed in the table below . The offer to purchase the Notes is referred to herein as the "Offer." Additionally, SLB [...]
SLB announced today an award to its OneSubsea® business and Subsea Integration Alliance of a large contract by bp for its Cypre gas project offshore Trinidad and Tobago. The contract scope covers the engineering, procurement, construction, and installation of the subsea production systems and subsea pipelines. The award represents Subsea Integration Alliance's first fully integrated EPCI single contract with bp and the [...]
SLB today announced that Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of SLB , has commenced an offer to purchase for cash up to an aggregate purchase price amount, including premium but excluding any Accrued Interest , of $500,000,000 of the notes listed in the table below . The offer to purchase the Notes is referred to herein as the "Offer." The Offer is made upon the terms and subject to the [...]
SLB is collaborating with Oman's Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman's geothermal resources. This announcement follows the completion of an extensive project to evaluate data from more than 7,000 oil, gas and water wells, with the objective of mapping sweet spots for geothermal prospects in the country. Commissioned by the Omani [...]
SLB today announced that it is hosting its 2022 Investors Conference on Thursday, November 3, 2022 in New York. Olivier Le Peuch, chief executive officer, SLB, will present at the Investors Conference beginning at approximately 8:30 a.m. US Eastern Time , where he will discuss, among other things, SLB's strategy and business outlook. In addition, Stephane Biguet, chief financial officer, SLB, will present at the [...]
SLB and Linde announced today that they have entered into a strategic collaboration on carbon capture, utilization and sequestration projects to accelerate decarbonization solutions across industrial and energy sectors. The collaboration will combine decades of experience in carbon dioxide capture and sequestration; innovative technology portfolios; project development and execution expertise; and engineering [...]
Linde and SLB announced today that they have entered into a strategic collaboration on carbon capture, utilization and sequestration projects to accelerate decarbonization solutions across industrial and energy sectors. The collaboration will combine decades of experience in carbon dioxide capture and sequestration; innovative technology portfolios; project development and execution expertise; and engineering, procurement [...]
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