Schlumberger Ltd is a leading global provider of technology and services to the oil and gas industry, specializing in various aspects of exploration, drilling, production, and reservoir management. The company offers a comprehensive range of solutions, including advanced data analytics, digital technologies, and integrated project management, which help energy companies optimize their operations and enhance efficiency. Schlumberger's innovative tools and services are designed to address the complex challenges of resource extraction and contribute to more sustainable practices within the energy sector. With a presence in numerous countries, the company plays a critical role in supporting the energy industry's transition toward more advanced and environmentally responsible extraction methods. Read More
Land Drilling Rig s play a crucial role when it comes to exploring and pulling out resources like oil and gas. If you really want to get the most out of these operations, understanding how do land drilling rigs move is pretty important. Recently, a report from Grand View Research estimated that the global market for drilling rigs could hit around $7.4 billion by 2025. That really shows just how vital good transportation and mobility are in this industry.When it comes to moving a land drilling rig from one spot to another, there are quite a few things to keep in mind. Things like the size and weight of the rig, as well as the type of terrain you're navigating, all matter a lot. Usually, specialized vehicles are used for this purpose—think heavy-duty transports designed specifically for rigs and their parts. Big companies like Halliburton and Schlumberger spend a ton on logistics to make sure everything shifts smoothly between sites. Skipping on proper planning can lead to costly delays — nobody wants that, especially considering safety risks too.And even though many companies are always on the lookout for new techniques and innovations, there’s still plenty of room for improvement. One key way to boost efficiency is by taking a closer look at transport routes and the methods used. For example, geothermal well drilling rigs require some unique considerations when it comes to moving them around. At the end of the day, getting these operations right depends heavily on solid planning and execution—because, let’s be honest, the stakes are pretty high.
What Happened? Shares of oilfield services provider SLB (NYSE:SLB) fell 3.2% in the morning session after the price of oil fell sharply as the U.S. and Iran ...
Global energy technology company SLB (NYSE: SLB) today announced the launch of the SLB Digital Marketplace, a curated digital destination designed to help energy companies rapidly discover and deploy specialized AI agents, domain models, skills, tools, data connectors and digital applications within their existing digital environments.
SLB (NYSE: SLB) will host an Investor Day on Wednesday, June 17, 2026, in New York, where leadership will outline their vision for SLB’s Digital business as digital technologies and AI continue to reshape the energy industry. The presentation will highlight SLB’s integrated digital strategy and portfolio, scalable growth opportunities powered by AI, and financial profile and outlook.
Global energy technology company SLB (NYSE: SLB) today announced a memorandum of understanding with Qualcomm Technologies, Inc. to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems.
Global energy technology company SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has been awarded a contract by bp to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.
Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making as operators work to sustain production from mature offshore assets while managing increasing development complexity.
What Happened? Shares of oilfield services provider SLB (NYSE:SLB) fell 3.4% in the morning session after WTI crude oil plunged on Iran-US peace deal progres...
Picking the right equipment in the oil and gas industry isn't exactly something to take lightly. It can really make or break things—impacting how efficiently everything runs, safety standards, and even costs. If you want to get it right, it’s a good idea to understand the different types of equipment out there [check this out](https://www.mtpmrigparts.com/types-of-equipment-in-oil-and-gas-industry). Knowing what's available is key for smooth operations.Every project tends to need its own set of tools. You might be dealing with Drilling Rig s, pipeline gear, or refining machines—each with its own special role. But here’s the tricky part: companies really need to evaluate their specific needs and pick accordingly. Things like the terrain they’re working on or the size of the project can make the decision pretty complicated. Honestly, choosing the perfect equipment isn’t always as simple as it sounds; there’s a lot to consider.And let’s not forget—equipment quality can vary a ton. Some brands are rock-solid reliable, while others might give you headaches down the line. Sticking to routine maintenance and following safety standards isn’t just smart—it’s essential to avoid costly screw-ups. Big names like Schlumberger and Halliburton often have great resources and advice that can help guide your choices. Staying informed and ready to adapt is more important than ever because this industry keeps changing fast. Looking back at the equipment you’ve used often uncovers new ways to improve and do better next time.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how oilfield services...
What a time it’s been for SLB. In the past six months alone, the company’s stock price has increased by a massive 53.6%, reaching $55.78 per share. This perf...
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient...
SLB stock faces pressure from Middle East disruptions, but digital growth, AI partnerships, and shareholder returns support its long-term investment outlook.
Whether you see them or not, energy businesses play a crucial part in our daily activities, from powering our homes and businesses to powering our transporta...
SLB had the most unusually active option on Thursday, with a Vol/OI ratio of 252.92. One of the Sept. 18 $75 call’s trades points to a single investor who’s very bullish about the stock’s performance this summer.