SLB and Shearwater GeoServices have launched the Amapá 3D multi-client seismic survey offshore northern Brazil, targeting an underexplored area of the Equatorial Margin as exploration interest grows following the recent Morpho hydrocarbon discovery.
SLB has agreed to acquire thermal management provider Kelvion in a deal valued at $4.1 billion, significantly expanding its data center infrastructure business as surging AI investment drives demand for cooling, power and integrated facility solutions. Under the agreement, SLB will acquire Kelvion from majority owner Apollo-managed funds and minority shareholder Triton for approximately $3.4 billion in cash and assume about $700 […]
SLB has launched two artificial lift technologies for U.S. land operations aimed at improving equipment life and production performance in mature and challenging well environments.
SLB has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, providing technology and engineering services as the development advances through concept and front-end engineering and design (FEED).
A contract that SLB (SLB.N), opens new tab and Venezuela’s state-run PDVSA signed last week has granted the U.S. oil services and technology company access to oilfield data from the country with the world’s largest crude reserves, three sources close to the negotiations said.The deal will allow SLB to organize and upgrade PDVSA’s vast but outdated databases […]
SLB has launched its ExaCT electrical downhole coiled tubing control system, introducing real-time electrical control, telemetry and downhole measurements to well intervention operations.
Venezuela signed oil-related contracts with two US companies as the government of the South American country seeks to attract investment and boost crude production, a report said.
SLB has secured a contract from Brunei Shell Petroleum (BSP) to support the restoration of production from shut-in wells across multiple mature offshore fields in Brunei. Under the contract, SLB will provide an integrated production restoration program spanning subsurface evaluation, well candidate selection, engineering and offshore execution. The scope also includes project management, well intervention services, monitoring, metering […]
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services on the Norwegian Continental Shelf (NCS), including a major upgrade of the MV Island Captain (pictured above) to support development of tight offshore reservoirs.
ADNOC and SLB have deployed an artificial intelligence-enabled drilling platform across more than 120 onshore and offshore drilling rigs, expanding the use of real-time operational intelligence to improve drilling efficiency and reduce downtime across one of the industry’s largest rig fleets.