The world’s biggest oilfield services company is expanding in Russia following the exit of its main western rivals since Moscow’s full-scale invasion of Ukraine. SLB, the Houston-based company formerly known as Schlumberger, has signed new […]
SLB, the biggest oilfield services firm in the world, is not planning to abandon its business in Russia, chief executive Olivier Le Peuch told the Financial Times in an interview published on Monday. Pressure has mounted on […]
SLB, formerly known as Schlumberger, has announced it will be halting shipments of its products and technology into Russia from all its facilities around the globe. The firm said that this decision was made in […]
SLB – known as Schlumberger until three and a half months ago – is aiming for billion-dollar business opportunities only under its New Energy unit. “We look for two things: impact and scale,” Gavin Rennick, […]
HOUSTON — Schlumberger today announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s largest oilfield services company to a global technology company focused on driving energy […]
ENB Publishers Note: In what is called the last “Supercycle” 14 years ago with $145 oil it was even by the name a cycle. The energy crisis has migrated beyond a cycle into a staged […]
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact […]
Baghdad: Iraq has signed a contract to drill 96 oil wells in the West Qurna-1 oil field located in the southern province of Basra to raise production, according to a statement by the Ministry of Oil. The state-run Basra Oil […]
HOUSTON–(BUSINESS WIRE)–Schlumberger Limited (NYSE: SLB) today reported results for the first-quarter 2021. “In North America, excluding the effects of divestitures, revenue grew 10% sequentially driven by land revenue which increased 24% due to higher drilling […]
North America will see sustained activity growth in US land and offshore starting in second quarter, especially once spring breakup in Canada is finished in a month or so, Olivier Le Peuch, the company’s CEO, […]
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