SLB Limited reports developments as a global energy technology and oilfield-services company serving oil and gas, digital, decarbonization, and new energy activities. Recurring news includes quarterly results, international and North America activity, and segment trends across Reservoir Performance, Well Construction, Digital, and Production Systems.
Company updates also cover contract awards and collaborations involving SLB OneSubsea, subsea production systems, multiphase boosting, and deepwater project execution. SLB’s digital news centers on enterprise platforms such as Delfi, cloud-based workflows, AI infrastructure, and data and AI capabilities, while post-acquisition updates describe the contribution of ChampionX businesses to production, recovery, Digital, and Production Systems activity.
SLB (NYSE: SLB) announced that its OneSubsea joint venture received an engineering, procurement and construction (EPC) contract from bp to provide a subsea boosting system for the Thunder Horse development in the deepwater Gulf of America.
The award follows similar subsea boosting contracts for bp’s Kaskida and Tiber projects, all using the same standardized high-pressure subsea boosting solution to support faster deployment, shorter delivery times and improved production and recovery.
SLB (NYSE: SLB) announced an expanded digital collaboration with Vår Energi to scale well planning and integrated field development planning across Norwegian Continental Shelf operations. The partnership deploys the Delfi digital platform to connect exploration, subsurface, wells, subsea design, development planning and production in a shared, cloud-native environment.
Standardized, concurrent workflows are intended to cut planning cycle times from months to weeks, reduce handoffs and rework, and support faster, trusted-data decisions for mature offshore assets, including marginal subsea tiebacks.
SLB (NYSE: SLB) will hold a conference call on July 24, 2026, at 9:30 a.m. U.S. Eastern time to discuss second-quarter 2026 results. The earnings press release will be issued at 7:00 a.m. U.S. Eastern time the same day.
The call can be accessed by phone using access code 3440360 or via a listen-only webcast. A replay will be available until July 31, 2026 on SLB’s investor relations webcast site.
SLB (NYSE: SLB) reported Q1 2026 revenue of $8.72 billion, up 3% year‑on‑year, with GAAP diluted EPS of $0.50 and adjusted EBITDA of $1.77 billion. Results reflect the ChampionX acquisition, which contributed $838 million of revenue and $199 million of adjusted EBITDA.
The company cited Middle East disruptions as a material headwind, announced a quarterly dividend of $0.295, and repurchased $451 million of stock during the quarter.
SLB (NYSE: SLB) said its SLB OneSubsea joint venture was awarded a contract by Beacon Offshore Energy to deliver an HPHT multiphase boosting system for the Shenandoah field in the Gulf of America.
The system is engineered to operate reliably above 15,000 psi, targeting deepwater enhanced recovery and faster production; SLB began engagement with BOE in January 2025.
SLB (NYSE: SLB) announced a strategic collaboration with PETRONAS Suriname E&P B.V. and Subsea Integration Alliance (SLB OneSubsea and Subsea7) to accelerate subsea development in Suriname's emerging frontier basin.
The long‑term framework enables early engagement to co‑develop cost‑effective subsea solutions, offers EPCIC capability for multiple discoveries, and covers SPS and SURF components to improve delivery certainty and project economics.
SLB (NYSE: SLB) signed a three-year agreement with Azule Energy to expand its Delfi enterprise digital platform across Azule’s Angola operations. The platform aims to improve execution consistency, accelerate decision-making, and support reliable energy delivery, with delivery supported by SLB’s Luanda Performance Center.
Early deployments, including DrillPlan coherent well planning, reduced planning cycles from days to hours and increased automation, while positioning Azule to adopt future digital and AI-enabled technologies.
SLB (NYSE:SLB) will discuss first-quarter 2026 results in a conference call on April 24, 2026. A press release will be issued at 7:00 a.m. ET and the call begins at 11:00 a.m. ET.
Access requires contacting the Conference Call Operator about 10 minutes before the call (North America: +1 (833) 470-1428; outside NA: +1 (404) 975-4839) using access code 742955. A listen-only webcast is available at the provided Q4 events link; a replay is available at www.slb.com/irwebcast until May 1, 2026.
SLB (NYSE: SLB) and NVIDIA expanded their long-standing collaboration on March 25, 2026 to industrialize AI for the energy industry. The work targets modular DSX AI data centers, an "AI Factory for Energy" with domain-specific generative and agentic AI, and optimized accelerated computing for SLB digital platforms.
The partnership builds on collaboration since 2008 and aims to speed deployments, reduce lead times through offsite modular construction, and scale AI across subsurface, production and energy infrastructure data.
SLB (NYSE: SLB) OneSubsea has been awarded a multi-well integrated EPC contract by China National Offshore Oil Corporation to supply subsea production systems for the deepwater Kaiping 18-1 field in the South China Sea.
The scope covers 20 wells and includes standardized dual ESP, gas lift and gas injection horizontal trees, manifolds, connectors, control systems, plus installation and commissioning support, with regional partners and in-country manufacturing to compress schedules and support future field expansion.