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Schlumberger Limited

Schlumberger Limited (SLB) is the world’s largest oilfield services and energy technology company. It provides advanced technology, integrated services, and digital solutions that support the entire life cycle of oil and gas reservoirs, from exploration and drilling to production and reservoir management. SLB operates globally across onshore and offshore environments.

Competitors

Halliburton

Halliburton is a major American multinational oilfield services company supporting oil and gas exploration and production worldwide.
It plays a key role in drilling, fracking, and well construction for energy producers.

Baker Hughes

Baker Hughes is a global energy technology company delivering advanced solutions for energy and industrial customers worldwide.
Operating in over 120 countries, it supports cleaner, more efficient, and lower-emission energy technologies.

Nabors Industries

Nabors Industries Ltd. is a multinational provider of drilling and technology services for the oil and gas industry.
Headquartered in Hamilton, Bermuda, it operates in over 20 countries offering land and offshore drilling and automation solutions.

National Oilwell Varco

National Oilwell Varco (NOV Inc.) is a Houston-based multinational providing equipment and services for oil and gas drilling and production.
It is a global leader in oilfield technology, supporting upstream operations and the energy transition.

Company Business Model

  • Provides technology-driven oilfield services across exploration, drilling, evaluation, completion, and production

    • Strong emphasis on digital platforms, automation, AI, and reservoir modeling

    • Revenue generated through integrated service contracts, long-term field development agreements, and technology licensing

    • Expanding focus on energy transition technologies such as carbon capture, geothermal, and hydrogen