Founded in 1926, Schlumberger (SLB) is headquartered in Houston, Paris, London, and The Hague. As a leading provider of technology and services to the world's energy ranks, with operations in more than 120 countries, Schlumberger offers its customers a comprehensive range of technologies and services for the design, development and delivery of oil and gas operations.
Schlumberger China was established in 1980, with headquarters in Beijing and operating bases in Tang Gu, Tianjin, Huizhou, Guangdong, Chengdu, Sichuan, Korla, Xinjiang, and Jing Bian, Shaanxi. The company has formed a comprehensive integrated service system based on 4 groups and 16 specialized departments: Digital Integration, Reservoir and Efficiency, Production Systems and Well Construction.
After more than 40 years of development, Schlumberger has expanded from one business line of logging when it first entered China to more than 20 business lines, including well completion, well testing, well cementing, production enhancement operations, data management and various geological software, data interpretation and consulting services, directional drilling, logging with drilling, artificial lift, valves, drilling systems, surface systems, One Subsea, etc. We have invested in a full range of business chains including R&D, procurement, and production, covering the main areas of upstream technology services in China's oil fields.
Schlumberger has always focused on technology, investing 2%-3% of its annual revenue in technology research and development, constantly breaking through the industry technology ceiling, exploring and actively contributing to it. Schlumberger has also been actively promoting digital transformation to promote and drive the high-quality development of the industry. After more than 10 years of construction, Schlumberger has basically completed the transformation of itself from a traditional oil and gas service company to a digital energy service company internally, and the new ERP system and the digital platforms implementing each business group have been seamlessly connected. In addition, Schlumberger attaches great importance to local innovation and sustainable development and is actively exploring new businesses in low-carbon and carbon-neutral energy technologies. In conjunction with its own emission reduction targets for 2030 and 2050, Schlumberger has launched new businesses in six areas: lithium, hydrogen, carbon capture, energy storage, geothermal energy and geothermal.
On October 24, 2022, Schlumberger officially announced its official name change to SLB, transforming from a leading global oilfield technology services company to a global technology company under a vision of low-carbon energy, Schlumberger will focus on delivering results-driven solutions to customers in four areas:
- Creating and expanding new energy systems
- Addressing hard-to-eliminate industrial carbon emissions and helping to decarbonize industry
- Scaling digitalization to jumpstart performance and efficiency drivers
- Continuous technology innovation in core oil and gas services
Schlumberger will actively work to achieve the goal of contributing to our country's carbon emissions and carbon neutrality goals through sustainable development initiatives, and will also remain committed to the drive for energy innovation to build a harmonious home for the planet.
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