Schlumberger news

Schlumberger is a leading oilfield services company that provides a range of products and services to the energy industry. Here are some recent news articles and updates about Schlumberger:

Recent News

  1. Schlumberger Reports Strong Q4 Results: Schlumberger reported strong fourth-quarter results, with revenue increasing 14% year-over-year to $8.4 billion. The company's profit also rose 24% to $1.1 billion. (Source: Reuters)
  2. Schlumberger and Baker Hughes to Merge: In April 2020, Schlumberger announced a merger with Baker Hughes, a leading oilfield services company. The combined company will be one of the largest oilfield services companies in the world. (Source: Bloomberg)
  3. Schlumberger Launches New Digital Platform: Schlumberger launched a new digital platform called "Petro.ai" which uses artificial intelligence and machine learning to help oil and gas companies optimize their operations. (Source: Oil & Gas Journal)
  4. Schlumberger Wins Contract with Saudi Aramco: Schlumberger won a contract with Saudi Aramco to provide drilling and completion services for the company's oil and gas operations in Saudi Arabia. (Source: Arabian Oil & Gas)

Recent Developments

  1. Schlumberger's New CEO: In January 2020, Olivier Le Peuch took over as CEO of Schlumberger, succeeding Paal Kibsgaard. Le Peuch has a strong background in the oil and gas industry and has been with Schlumberger for over 20 years. (Source: Schlumberger)
  2. Schlumberger's Digital Transformation: Schlumberger has been investing heavily in digital technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) to improve its operations and services. The company has also launched several digital platforms and tools to help its customers optimize their operations. (Source: Schlumberger)
  3. Schlumberger's Sustainability Efforts: Schlumberger has been focusing on sustainability and reducing its environmental impact. The company has set targets to reduce its greenhouse gas emissions and has implemented several initiatives to reduce waste and increase recycling. (Source: Schlumberger)

Recent Financials

  1. Schlumberger's Revenue: Schlumberger's revenue has been steadily increasing over the past few years, driven by growth in the oil and gas industry. In 2020, the company's revenue was $32.6 billion, up 14% from 2019. (Source: Schlumberger)
  2. Schlumberger's Profit: Schlumberger's profit has also been increasing, driven by cost savings and efficiency improvements. In 2020, the company's profit was $2.3 billion, up 24% from 2019. (Source: Schlumberger)

I hope this information is helpful!