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He has worked for Schlumberger for 32 years (as of July 2019), rising to chief operating officer (COO) in February 2019, before succeeding Paal Kibsgaard as CEO on 1 August 2019. [ 2 ] [ 5 ] [ 4 ] In 2023, Le Peuch's total compensation from Schlumberger was $17.2 million, representing a CEO-to-median worker pay ratio of 154-to-1.
In 1926, Conrad Schlumberger, and his brother Marcel Schlumberger, formed Société de Prospection Electrique (SPE) which specialized in oil and coal exploration as well as civil engineering. In March 1931, SPE and Société Géophysique de Recherches Minières (SGRM), both specialists in seismology and magnetometry , merged into La Compagnie ...
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7]
Gustave Schlumberger Léon Gustave Schlumberger (17 October 1844 – 9 May 1929) was a French historian and numismatist who specialised in the era of the crusades and the Byzantine Empire . His Numismatique de l'Orient Latin (1878–82) is still considered the principal work on the coinage of the crusades. [ 1 ]
The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway.The district straddles a 7-mile (11 km) stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive.
Schlumberger, owners of Geco-Prakla paid cash to Baker Hughes, which then owned Western, for a 70% stake in a joint venture of the combined companies. [3] In May 2006, Schlumberger bought out Baker Hughes' 30% stake for a reported $2.4 billion, making WesternGeco one of its subsidiaries.