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Schlumberger is the world's largest offshore drilling company and contractor by revenue, founded in 1926 by two brothers from Alsace. It provides various services and products for the petroleum industry, such as seismic data processing, well testing, artificial lift, and software and information management.
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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.
Petrel is a cloud-based software by Schlumberger that helps teams develop collaborative workflows for oil and gas exploration and production. It has features such as seismic interpretation, reservoir modeling, simulation, volume calculation, and map design.
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