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Enabling AI in E&P

Dec 11, 2019

Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production (E&P) industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows within the DELFI cognitive E&P environment…

Schlumberger CEO Outlines Digital Strategy

Sep 04, 2019

Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…

Schlumberger Open Sources Data Ecosystem

Aug 22, 2019

Oilfield services company Schlumberger said it will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe (OSDU) Forum to accelerate the delivery of the OSDU Data Platform.The OSDU Forum is an international forum of oil and gas operators…

Woodside to Implement Schlumberger's DELFI

Aug 20, 2019

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

Schlumberger Debuts Digital Exploration Platform

Jun 03, 2019

Schlumberger on Monday introduced a new digital exploration platform designed to help exploration teams to rapidly discover and access basin-scale data and manage exploration opportunities.The GAIA platform uses the power of the DELFI E&P cognitive…

Schlumberger Taps Google as Preferred Cloud Provider

May 14, 2019

Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness…

Schlumberger Quarterly Profit Slides

Apr 18, 2019

Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.Schlumberger said net income fell to $421 million…

Gazprom Neft, Schlumberger Partner on Well Logging

Apr 05, 2019

Gazprom Neft and Schlumberger have agreed to enter technological cooperation in well logging. “Gazprom Neft is committed to developing its scientific, intellectual, staffing and technological capabilities, supporting a collaborative ecosystem and building an inclusive innovation-focused environment…

Schlumberger to Avoid New Field Management Work

Mar 25, 2019

Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday.Paal Kibsgaard…

Schlumberger Names Olivier Le Peuch as COO

Feb 11, 2019

Schlumberger NV on Friday named Olivier Le Peuch as chief operating officer, setting him up as a possible successor to Paal Kibsgaard for the top role at the world's largest oilfield services company.Le Peuch has previously served as the president…

Schlumberger Scraps Bid for Eurasia Drilling Stake

Feb 04, 2019

U.S. oilfield services giant Schlumberger has withdrawn its bid for a stake in Russia's Eurasia Drilling Company (EDC) Russia's Federal Anti-monopoly Service (FAS) said on Monday.Schlumberger, which has its own business in Russia, said last…

Schlumberger to Manage Equinor Project in Brazil

Jan 18, 2019

Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's offshore Campos oil basin, a person familiar with the matter said on Thursday.The deal would be…

Schlumberger Sees International Growth in 2019

Jan 18, 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…

New Well Testing Technology

Nov 14, 2018

New technology from Schlumberger delivers well testing performance data in real-time.Schlumberger has introduced well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The new technology…

Schlumberger, TGS Bags New US Seismic Project

Oct 14, 2018

Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2…

Current News

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BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

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