Karim AL SAYED

Country Manager, Kuwait

SLB

Together with the Jurassic fields, Dorra will help Kuwait to increase its self-reliance on domestic gas, which is a top priority for the country.
Read The Full Interview

SLB In Figures

2023 revenue: USD 33.1 billion

2023 operating income: USD 5 billion

SLB, rebranded from Schlumberger in 2022, is a global technology company and one of the world’s largest oilfield services providers. It is listed on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange.

The company’s primary customers are national oil companies, large integrated oil companies and independent operators.

SLB offers its services through four divisions:

  • Digital and integration
  • Reservoir performance
  • Well construction
  • Production systems

The digital and integration division offers software and data products such as exploration, imaging and survey libraries that are used in the identification, development and management of reservoirs. It also offers asset management tools for well construction and production improvement. SLB’s products are founded on both proprietary and open-source platforms.

Reservoir performance offerings consist of technologies and services to understand subsurface assets and optimise their productivity. They include wireline logging and perforating, pressure and flow-rate measurement and testing, and stimulation and intervention services.

The well construction division is the largest by revenue. It offers products and services related to designing and constructing wells so as to optimise placement and performance. Primary offerings include drilling bits, fluids and tools, well construction and cementing systems, rigs and rig equipment, engineering support and a range of measurement services.

The production systems division develops technologies and provides expertise to enhance production and recovery from reservoirs. These include artificial lift equipment and services, completions equipment, onshore and offshore platform wellhead systems, valves, processing and treatment systems, and a range of subsea solutions.

SLB News and Interviews

SLB to acquire ChampionX for $7.8 billion
NEWS
USA - April 02, 2024

US energy technology giant SLB will acquire oilfield services player ChampionX in a deal valued at almost USD 7.8 billion.

READ MORE
A Saudi oil and gas technology leader TEY_post_Completion-Energy-–-Abdulmuin-ALYOUSEF
Interview
Saudi Arabia - December 15, 2023

Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies developed locally and its success in…

READ MORE
CGX Energy makes oil find in Guyana
NEWS
Guyana - November 13, 2023

CGX Energy and partner Frontera Energy have made an additional find on the Corentyne block offshore Guyana, the Canadian E&P company announced on Thursday.

The…

READ MORE
Kuwait’s homegrown tech transformation Zain _Hamad-Al-Marzouq
Interview
Kuwait - May 17, 2023

Hamad Al Marzouq, chief enterprise business officer of Zain Kuwait, talks to The Energy Year about opportunities for the company related to Kuwait’s digital…

READ MORE