Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Schlumberger NV (N:SLB)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 5599 San Felipe St Fl 17
HOUSTON TX 77056-2790
Tel: 1-713-3753535
Website: https://www.slb.com
IR: See website
Key People
Olivier Le Peuch
Chief Executive Officer, Director
Ugo Prechner
Vice President, Controller
Stephane Biguet
Chief Financial Officer, Executive Vice President
Rakesh Jaggi
President - Digital and Integration
Gavin Rennick
President - New Energy
Carmen Rando Bejar
Chief People Officer
Khaled Al Mogharbel
Executive Vice President - Geographies
Abdellah Merad
Executive Vice President - Core Services and Equipment
Demosthenis Pafitis
Chief Technology Officer
Howard Guild
Chief Accounting Officer
   
Business Overview
Schlumberger N.V. is a global technology company. The Company operates through four segments: Digital & Integration, Reservoir Performance, Well Construction and Production Systems. The Digital & Integration combines its solutions and data products with its integrated offering of Asset Performance Solutions (APS). The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment combines the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. Well Construction provides operators and drilling rig manufacturers with services and products related to designing and constructing a well. The Production Systems segment develops technologies and provides expertise that enhances production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries.
Financial Overview
For the three months ended 31 March 2024, Schlumberger NV revenues increased 13% to $8.71B. Net income increased 14% to $1.07B. Revenues reflect Production Systems segment increase of 28% to $2.82B, Reservoir Performance segment increase of 15% to $1.73B, Middle East&Asia segment increase of 29% to $3.08B, Europe/CIS/Africa segment increase of 18% to $2.32B.