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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.
The Schlumberger company then tried to expand their activities to many other countries, but the attempts were hindered by the worldwide depression. On 15 September 1934, Schlumberger's subsidiary in the United States became Schlumberger Well Surveying Corporation (SWSC) with offices in Houston, Texas. Conrad was the chairman, and Marcel was the ...
History. The Company was founded in 1988 by the merger of the British CAP Group and the French company, Sema-Metra SA. [1] [2] In 1991 Sema and British Aerospace established the BAeSEMA naval systems joint venture to produce naval systems: it was dissolved in November 1998 when BAe purchased Sema's 50% share for £77 million. [3]
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Schlumberger (NYS: SLB) carries $19.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Logging while drilling (LWD) is a technique of conveying well logging tools into the well borehole downhole as part of the bottom hole assembly (BHA).. Although the terms Measurement while drilling (MWD) and LWD are related, within the context of this section, the term MWD refers to directional-drilling measurements, e.g., for decision support for the smooth operation of the drilling, while ...
EVP New Energy of Schlumberger (30-Year Financial, Insider Trades) Ashok Belani (insider trades) sold 25,000 shares of SLB on 12/03/2020 at an average price of $21.76 a share.