Schlumberger hosted a conference call to discuss third-quarter results. Listen to the replay. Schlumberger receives six World Oil Awards for leading technology innovation. Learn More. Defining and driving high performance sustainably. Decarbonize Your Operations. Support your sustainability goals with our Transition Technologies portfolio. Electric Energy System. Autonomous Directional Drilling.
Get smart about downhole control systems. Harness the Power of Light. However, the rewards to the oilfield services companies — Schlumberger and its smaller rivals — for being willing to work where others fear to tread were also clear. Where its rivals are often said to compete on low costs, Schlumberger offers up technical expertise to seek out and grab every drop of oil, or puff of gas. They have driven many technology advances in the industry in the past and they continue to do that.
A search on Espacenet, an international database operated by the European Patent Office, for Schlumberger reveals more than 36, patents linked to the firm. The same search for Halliburton gives 25,, while Baker Hughes, the third-largest in the sector has 20, And despite its recent run-in with the US over sanctions, it is according to a Bloomberg report still able to work with Russia in the Arctic extraction, despite US sanctions.
But with three years of corporate probation to serve, it is sure to be characteristically more careful this time to stay out of the headlines.
The Guardian contacted Schlumberger five days prior to publication in order to provide the company an opportunity to respond to matters raised in this article. Paal Kibsgaard keeps a low profile. Made chief executive in — and anointed as chairman in April — Kibsgaard joined the firm in as an engineer in Saudi Arabia and worked his way through company ranks.
While relatively little may be known about Kibsgaard, he is among the highest paid executives in the US. Meanwhile, investors remain supportive of Kibsgaard — presumably thanks to extra generous dividend increases since he took the top job. Schlumberger graphic 1 It works with every major international oil company, and directly for most of the petrostates — including Saudi Arabia, Libya, Russia and Turkmenistan. Facebook Twitter. Worldwide Operations. Schlumberger Canada Land Global expertise and local presense Leverage any Schlumberger service across this mature, diverse market.
Schlumberger Ecuador, Colombia, and Peru On location for more than 85 years Remain locally competitive and socially responsible. Schlumberger Kuwait Operating together since Global experience meets localized service. Share This.
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