Slb Limited/Nv (NYSE: SLB)

Schlumberger Limited (SLB) is a global technology company specializing in the energy industry. Established in 1926, its headquarters are located in Paris, Houston, London, and The Hague. The company's primary focus lies in oil and gas exploration, production, and processing, making it a leading provider of technology and services within this sector.

Schlumberger's main business activities encompass digital solutions, reservoir performance, well construction, and production systems, with a diverse customer base including national oil companies, large integrated oil companies, and independent operators. Operating in over 100 countries, the company boasts a workforce of approximately 111,000 employees from diverse backgrounds and nationalities, reflecting its commitment to inclusion and diversity.

SLB generates revenue through its four primary divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital & Integration division offers digital solutions and data products, with the Delfi cloud-based platform being a key product. This division enables customers to manage and analyze data more efficiently. The Reservoir Performance division focuses on optimizing reservoir performance, offering services and technologies that help clients enhance oil recovery and reduce costs.

SLB's Well Construction division provides products and services for well construction and completion, offering drilling and completion fluids. These services aid customers in constructing and completing wells safely and efficiently. The Production Systems division offers equipment and services for oil and gas production, with artificial lift and processing equipment being primary offerings. These systems assist clients in optimizing production and reducing costs.

SLB competes with other companies within the energy industry, such as Halliburton, Baker Hughes, and Weatherford International. The company's competitive advantages include its strong brand reputation, extensive global presence, and innovative technology offerings. Among the key customers for SLB are Saudi Aramco, ExxonMobil, and Chevron, demonstrating its wide-ranging customer base.

In terms of sustainability, Schlumberger Limited has committed to reducing its environmental impact. Specifically, the company aims to reduce greenhouse gas emissions by 30% by 2025 and achieve net-zero emissions by 2050. Additionally, SLB has set a target to reduce water usage by 20% by 2025.