News Articles

Schlumberger New Energy Enters into Agreement with EnerVenue for Metal-Hydrogen Stationary Energy Storage Solutions HOUSTON -Saturday 11 September 2021

(BUSINESS WIRE)-- Schlumberger New Energy announced today an investment and collaboration agreement to deploy EnerVenue’s uniquely differentiated nickel-hydrogen battery technology, which is a key enabler of stationary energy storage solutions. Schlumberger New Energy and EnerVenue will...

Schlumberger Announces Second-Quarter 2021 Results -Tuesday 27 July 2021

Global revenue of $5.6 billion increased 8% sequentially International revenue was $4.5 billion and North America revenue was $1.1 billion EPS of $0.30 increased 43% sequentially Cash flow from operations was $1.2 billion and free cash flow was $869 million Board approved quarterly...

Schlumberger and IBM Announce Hybrid Cloud Enterprise Data Management Solution for Energy Sector -Thursday 1 July 2021

(BUSINESS WIRE) -- Schlumberger and IBM announced today the industry’s first commercial hybrid cloud Enterprise Data Management Solution for the OSDU Data Platform. The hybrid cloud offering is designed to expand access to customers globally—including those in locations where data residency...

Schlumberger Announces Second-Quarter 2021 Results Conference Call -Saturday 26 June 2021

(BUSINESS WIRE) -- Schlumberger Limited (NYSE:SLB) will hold a conference call on July 23, 2021 to discuss the results for the second quarter ending June 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...

Schlumberger Announces Commitment to Net Zero by 2050 -Thursday 24 June 2021

(BUSINESS WIRE)-- Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050. Guided by climate science, Schlumberger has spent 18 months conducting extensive analysis and working with experts to produce a decarbonization plan. With minimal reliance on...

Equinor Awards Subsea Integration Alliance EPCI Contract for Bacalhau -Friday 18 June 2021

(BUSINESS WIRE)-- Schlumberger announced today an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems (SPS) and...

Schlumberger Announces Enterprise-Scale Deployment of Advanced Digital Solutions for PETRONAS, Enabled by the DELFI... -Thursday 3 June 2021

(BUSINESS WIRE)-- Schlumberger announced today an enterprise-scale deployment of advanced digital solutions for PETRONAS enabled by the DELFI* cognitive E&P environment and integrated with the OSDU™ Data Platform. These digital solutions will enable PETRONAS to accelerate its field development...

Schlumberger Announces Redemption of 100% of Outstanding 3.300% Senior Notes Due 2021 -Wednesday 2 June 2021

(BUSINESS WIRE) -- As part of its ongoing commitment to debt reduction, Schlumberger Limited (“Schlumberger”) today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger (“SISA”), will redeem notes with an outstanding aggregate principal amount of...

Schlumberger Announces Collaboration With AWS to Deploy DELFI Petrotechnical Suite on AWS -Saturday 22 May 2021

(BUSINESS WIRE)-- Schlumberger announced today a collaboration with Amazon Web Services (AWS) to deploy domain centric digital solutions, enabled by the DELFI* cognitive E&P environment, on the cloud with AWS. This collaboration will bring AWS customers to the DELFI Petrotechnical Suite, which...

Schlumberger Appoints Dr. Katharina Beumelburg as Chief Strategy and Sustainability Officer -Saturday 15 May 2021

(BUSINESS WIRE) -- Schlumberger announced today the appointment of Dr. Katharina Beumelburg to the position of Chief Strategy and Sustainability Officer, Schlumberger Limited, reporting to Olivier Le Peuch, Chief Executive Officer. The appointment is effective Monday, May 17. As a member of...

Schlumberger and NOV Announce Collaboration to Accelerate Adoption of Automated Drilling Solutions -Wednesday 12 May 2021

(BUSINESS WIRE) -- Schlumberger and NOV announced today a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors. The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with...

Schlumberger Announces First-Quarter 2021 Results -Monday 26 April 2021

Worldwide revenue was $5.2 billion International revenue was $4.2 billion and North America revenue was $972 million EPS was $0.21 Cash flow from operations was $429 million and free cash flow was $159 million Board approved quarterly cash dividend of $0.125 per share (BUSINESS...

Schlumberger Will Collaborate With Equinor for DELFI Environment Deployment, Fully Integrated With the OSDU Data... -Tuesday 20 April 2021

(BUSINESS WIRE)-- Schlumberger and Equinor announced today a strategic project, in collaboration with Microsoft, to deploy the DELFI* cognitive E&P environment, with seamless integration to the OSDU Data Platform—the industry’s new data standard. This project aims to accelerate Equinor’s...

Schlumberger and Microsoft Expand Partnership to Bring Open, Enterprise-Scale Data Management to the Energy Industry -Tuesday 30 March 2021

(BUSINESS WIRE) -- 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...

Schlumberger New Energy Venture to Launch a Lithium Extraction Pilot Plant in Nevada -Friday 19 March 2021

(BUSINESS WIRE)-- 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...

Schlumberger Announces First-Quarter 2021 Results Conference Call -Thursday 18 March 2021

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) 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...

Schlumberger New Energy, Chevron, and Microsoft Collaborate on Carbon Negative Bioenergy -Saturday 6 March 2021

(BUSINESS WIRE) -- Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California. The BECCS...

Schlumberger New Energy, the CEA and Partners Announce Appointment of CEO of Genvia, a Clean Hydrogen Production... -Wednesday 10 February 2021

(BUSINESS WIRE)-- 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...

Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results -Monday 25 January 2021

Fourth-quarter worldwide revenue of $5.5 billion increased 5% sequentially Fourth-quarter GAAP EPS, including charges and credits, was $0.27 Fourth-quarter EPS, excluding charges and credits, of $0.22 increased 37% sequentially Fourth-quarter cash flow from operations was $878 million...

Schlumberger New Energy, the CEA and Partners Announce European Commission Approval for the Formation of Genvia, a Clean... -Tuesday 12 January 2021

(BUSINESS WIRE)-- 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...