Oilfield services giant SLB, formerly Schlumberger, has reported strong quarterly profits with increase in revenue across all divisions and geographical areas, especially in the Middle East. The company reported net profits of $1.07 billion in the fourth quarter of 2022, up 77% from a net income of $601 million in the same period a year […]
slb
Posted inNews
SLB opens innovation center in Abu Dhabi
The center will accelerate the development and deployment of enterprise-scale AI and digital solutions
Posted inPeople, News
‘Sustainability is at the heart of everything we do’: SLB’s Middle East head on ramping up production
Schlumberger has had a constant presence in the Middle East for the past 85 years. Our rebrand to SLB does not change this, says Tarek Rizk, president of Middle East and North Africa at SLB
Posted inEnergy Transition
Saudi Aramco to develop carbon capture facility in Jubail
The hub will potentially store up to 9 million tonnes of CO2 a year by 2027
Posted inADIPEC
ADIPEC: SLB’s regional head talks about the firm’s rebranding and sustainability strategies
Tarek Rizk, president of Middle East and North Africa at SLB, talked to us about what the rebranding means for the company’s presence in the Middle East. He also discusses how the company is striking a balance between higher energy demand and addressing climate goals. SLB was the top service firm on Oil & Gas […]
Posted inNews
ADNOC awards contracts worth $4 billion for integrated drilling fluids services
The awards are the largest of its kind in the industry and were awarded to ADNOC Drilling, SLB, and Halliburton
Posted inADIPEC
ADIPEC: Algeria’s ALNAFT to launch SLB’s digital platform
At the ADIPEC this year, the Algerian national agency for the development of hydrocarbon resources ALNAFT will launch Exalt, a fully integrated digital platform developed by SLB, enabling global remote access to Algerian subsurface data and “evergreening” products. According to ALNAFT, this marks an “unprecedented opportunity” for Algeria’s energy market, for investors to explore new […]
Posted inNews
Service giant Schlumberger rebrands itself as SLB
The rebranding underscores the company’s vision for a decarbonised energy future
Posted inDRILLING & PRODUCTION
EOR is a need, ‘not an option anymore’: Schlumberger EOR director
Omer Gurpinar, director of enhanced oil recovery at Schlumberger, talks about how EOR has transformed, and can transform the oil and gas industry