SLB today announced an agreement to create Turnwell Industries LLC OPC , a joint venture with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on the acceleration of UAE's unconventional oil and gas program, with an initial 144 wells scheduled for completion [...]
Global energy technology company SLB is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240918905105/en/ Working together with NVIDIA, SLB will build and optimize models to the specific needs and requirements of the data-intensive energy industry [...]
Global energy technology company SLB today launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence capabilities-including generative AI-with workflows across the energy value chain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240916077102/en/ The Lumi platform is built on the latest industry standards and will be [...]
Successful Operation at SLB's Clayton Valley, Nevada Demonstration Plant Today, ILiAD Technologies, LLC celebrates the use of its direct lithium extraction technology at scale at SLB's Clayton Valley Demonstration Plant, producing high-purity, battery-grade lithium. This comes as SLB announced the successful completion of its integrated technology solution at its demonstration plant in Clayton Valley, Nevada. ILiAD's [...]
SLB today announced it has proven its solution for sustainable lithium production at scale at its demonstration plant in Clayton Valley, Nevada, to accelerate responsibly-sourced lithium products to market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909767336/en/ SLB's demonstration plant in Clayton Valley proves its unique integrated approach to produce [...]
Global energy technology company SLB and global cybersecurity leader Palo Alto Networks today announced they are expanding their collaboration to strengthen cybersecurity for the energy sector. The companies will combine SLB's cloud and edge technologies and domain expertise in the energy industry with Palo Alto Networks' cross-industry, platform-based cybersecurity solutions. This will not only help SLB remain on the [...]
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801283987/en/ SLB OneSubsea manufacturing facility in Curitiba, Brazil. SLB has announced a major contract award by Petrobras , following a competitive tender, to its OneSubsea™ joint venture for their standardized, pre-salt subsea production systems and related services. The scope covers [...]
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731945651/en/ The SLB and Aker Carbon Capture joint venture today announced a contract award by its partner CO280 Solutions for front end engineering and design of a large-scale carbon capture plant at a pulp and paper mill on the U.S. Gulf Coast. The project, which aims to remove 800,000 tonnes [...]
The Investment Solidifies ILiAD's Leading Role in Global DLE Deployment ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals , today announced the successful close of their funding round with a significant investment from global technology company SLB . This investment unlocks funding to build upon the technological advantages of the ILiAD direct lithium extraction technology platform and expands its reach for [...]
Regulatory News: SLB today announced that it will proceed with a voluntary delisting of its shares from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, given the increasing costs, administrative requirements and managerial time required to maintain a dual listing, has requested a voluntary delisting from the Euronext Paris [...]
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240722159176/en/ SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company's E&P operations. The new platform will leverage the [...]
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717947903/en/ The exterior of the SLB headquarters in Houston, Texas. SLB today announced results for the second-quarter 2024. Second-Quarter Results Three Months Ended Change Jun. 30, 2024 Mar. 31, 2024 Jun. 30, 2023 Sequential Year-on-year Revenue $9,139 $8,707 $8,099 5% 13% Income before [...]