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Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
Following his retirement from Schlumberger Ltd., Gould was serving as non-executive chairman of the British oil company BG Group until their merger with Shell in 2015. [5] [6] [7] Until May 2012, Gould was a member of the Board and Lead Independent Director of Rio Tinto plc. and Rio Tinto Ltd. and led their remuneration committee.
Techlog is a Schlumberger owned Windows based software platform intended to aggregate all the wellbore information. It allows the user to interpret any log and core data. It addresses the need for a single platform able to support all the wellbore data and interpretation integration workflows, reducing the need for a multitude of highly specialized tools.
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Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. He became its CEO in August 2011, succeeding Andrew Gould, who retired as chairman and CEO. He was replaced by Olivier Le Peuch in August 2019. Under his leadership, the company laid off approximately 70,000 employees in less than three years.
Schlumberger (SLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.