Schlumberger Limited News
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
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SLB Up: Petrobras Win and Digital Push Strengthens
- SLB’s shares rose after a Petrobras completion contract and a digital partnership for FPSO performance, supported by analyst upgrades and improving forward multiples. Near-term momentum is visible, though trading volume and execution will determine sustainability.
17 Feb at 14:39
SLB Q4 Beat; Resman Deal Accelerates Tech Push Now
Schlumberger (SLB) posted a Q4 earnings beat, reaffirmed 2026 guidance and reported strong digital recurring revenue, while completing the Resman acquisition to expand reservoir and carbon-monitoring capabilities—driving short-term stock volatility but strengthening long-term tech-driven growth.
10 Feb at 14:39
SLB Boosts AI, Acquires Resman; Raises Dividend Q1
Schlumberger (SLB) delivered a solid quarter with strong cash flow, a raised dividend, and a strategic acquisition of Resman—while launching an agentic AI assistant and winning major Middle East contracts. These concrete moves—plus carbon storage work—clarify SLB’s near-term growth and capital-return story.