Schlumberger Limited is a leading global provider of technology and services for the oil and gas industry. The company's mission is to enhance the performance of its clients by delivering innovative solutions that optimize reservoir performance and improve operational efficiency. Schlumberger's strategy focuses on leveraging advanced technologies, digital transformation, and sustainable practices to meet the evolving needs of the energy sector. With a comprehensive portfolio of services, including drilling, production, and reservoir management, Schlumberger operates in over 120 countries, helping clients navigate the complexities of energy exploration and production while promoting environmental stewardship.

SCHLUMBERGER LIMITED

Schlumberger (SLB) is making significant moves in the oil and gas sector, recently entering an agreement with Vår Energi through its OneSubsea joint venture to deliver subsea production systems (SPS) for upcoming projects in the Norwegian Continental Shelf. This collaboration not only strengthens their existing strategic partnership but also aims...

Schlumberger Announces Strategic Partnership with Vår Energi to Supply Subsea Production Systems Amid Challenges in E&P Market

Schlumberger's recent partnership with Vår Energi marks a pivotal moment in the oil and gas sector, aiming to streamline subsea production systems amidst a challenging market landscape. Can strategic collaborations outweigh the pressures of overvaluation and declining demand in the industry?