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Schlumberger. Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is a global technology company. As of 2022, it is both the world's largest oilfield services company and the world's leader in digital solutions for subsurface and surface engineering.
Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits.
In the past five years, Schlumberger's net income margin has ranged from 12.9% to 22.1%. In that same time frame, unlevered free cash flow margin has ranged from 0.5% to 16.8%. How do those ...
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]
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]
A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. [4] [5]
The EURO STOXX 50 is a stock index of Eurozone stocks designed by STOXX, an index provider owned by Deutsche Börse Group. The index is composed of 50 stocks from 11 countries in the Eurozone. [2] EURO STOXX 50 represents Eurozone blue-chip companies considered as leaders in their respective sectors. [2] It is made up of fifty of the largest ...
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.