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) said it is actively monitoring the unfolding Middle East situation, prioritizing employee safety and has activated local and regional crisis response teams that meet daily. Travel and transit in the region are suspended and some operations are being demobilized to protect personnel and facilities.
The company said it expects first-quarter revenue to be lower than expected and anticipates an incremental impact of approximately $0.06–$0.09 per diluted share in the quarter. SLB said it will begin phased resumption of activity as conditions allow and emphasized confidence in the resilience of its global business.
SLB (NYSE: SLB) was awarded multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo deepwater natural gas development in the Andaman Sea, offshore Indonesia. Scope covers the full well life cycle including directional drilling, completions, testing and well services.
The integrated awards will use SLB’s offshore and deepwater technologies, including real-time downhole monitoring, to reduce operational risk and improve well placement. First gas is targeted before the end of 2028, supporting Indonesia’s long-term energy security.
Star Mountain Capital announced that Donald Raymond has joined as a Senior Advisor on February 5, 2026. Raymond brings 30+ years of global investment experience across public and private markets, having served as Chief Investment Strategist at Qatar Investment Authority and CPP Investments.
Star Mountain manages approximately $4.5 billion AUM; Raymond will support investment and portfolio construction, contribute to firm thought leadership, and leverage prior leadership at major asset owners and institutions.
SLB (NYSE: SLB) was awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company for the next stage of the Mutriba field in Kuwait.
The scope includes integrated design, development and production management across deeper, high-pressure, high-temperature reservoirs with sour conditions, emphasizing capital efficiency and environmental considerations.
SLB (NYSE: SLB) won two five-year contracts from Petroleum Development Oman to supply wellheads and artificial lift technologies for Block-6, Oman’s largest concession. Key deliverables include low-, high- and thermal wellheads, ESPs and PCPs, local manufacturing expansion, and made-in-Oman gate valve production within six months.
Production will use SLB’s Rusayl and Nizwa centers, support hundreds of Omani employees, and deploy technologies such as the 15k SOLIDrill wellhead and ESP permanent magnet motors to improve recovery, efficiency, and sustainability.
SLB (NYSE: SLB) reported fourth-quarter 2025 revenue of $9.75 billion (up 9% sequentially, +5% YoY) and full-year 2025 revenue of $35.71 billion (down 2% YoY). Fourth-quarter GAAP diluted EPS was $0.55 and adjusted EPS was $0.78. Full-year GAAP EPS was $2.35 and adjusted EPS was $2.93. Fourth-quarter cash flow from operations was $3.01 billion and free cash flow was $2.29 billion; full-year operating cash flow was $6.49 billion and free cash flow was $4.11 billion. The board raised the quarterly dividend 3.5% to $0.295 per share and committed to returning more than $4 billion to shareholders in 2026. Results include a full quarter contribution from the ChampionX acquisition.
SLB (NYSE: SLB) announced it has completed the acquisition of RESMAN Energy Technology from Nordic Capital on January 21, 2026. RESMAN provides wireless reservoir surveillance and chemical tracer solutions with parts-per-trillion (ppt) detection for tracking water, gas, oil and CO2 movement in reservoirs and wells. RESMAN expanded under Nordic Capital from a single-product firm to multiple product lines, including next-generation technology for carbon monitoring and geothermal wells. Pickering Energy Partners acted as financial advisor to Nordic Capital on the sale. The acquisition positions RESMAN to scale global adoption of its tracer technology across oil and gas, CO2 storage and geothermal applications.
SLB (NYSE: SLB) was awarded a five-year contract by Aramco to provide stimulation services for Saudi Arabia’s unconventional gas fields as part of a broader multi-billion agreement. The scope includes advanced stimulation, well intervention, frac automation and digital solutions aimed at unlocking unconventional gas resources and supporting the Kingdom’s energy diversification and energy transition goals.
SLB highlighted its technology, local expertise, and safety track record as reasons it is positioned to deliver tailored solutions and improve operational performance in large-scale unconventional gas development.
SLB (NYSE: SLB) announced on December 11, 2025 a strategic collaboration agreement with Shell to co-develop digital and agentic AI solutions for upstream operations. The partnership aims to build an open data and AI infrastructure using SLB’s Lumi platform to unify subsurface, well construction and production workflows in a secure environment.
The collaboration follows an earlier technical partnership to deploy Petrel subsurface software across Shell assets and seeks to accelerate automation, autonomy and measurable efficiency gains across the industry.
SLB (NYSE: SLB) will report fourth-quarter and full-year results for the period ending December 31, 2025, with a press release at 7:00 am US Eastern and a conference call on January 23, 2026 at 9:30 am US Eastern.
To join, call +1 (833) 470-1428 (North America) or +1 (646) 844-6383 (outside North America) about 10 minutes before the call and use access code 122785. A listen-only webcast will stream at https://events.q4inc.com/attendee/391273915 (log in 15 minutes early to test browsers). A replay will be available at www.slb.com/irwebcast until January 30, 2026 or by dialing +1 (866) 813-9403 (North America) or +1 (929) 458-6194 (outside North America) with access code 163278.