Cloud-native describes a way of creating and running applications that are designed specifically to operate smoothly on cloud computing platforms. Think of it as building a house with flexible, lightweight materials that can be easily moved, scaled, or adjusted as needed, rather than using rigid, traditional construction. For investors, it signifies technology that is more adaptable, efficient, and capable of quickly responding to changing market demands.
subsea tiebackstechnical
Subsea tiebacks are underwater connections that link new offshore oil or gas wells to existing production platforms, pipelines or processing facilities so the produced fluids can be transported without building a new surface facility. Like hooking a new sink into an existing plumbing system, tiebacks typically cost less and start producing faster than stand‑alone projects, so they can boost revenue, extend field life and lower investment risk for investors.
field development planningtechnical
A field development plan is the detailed blueprint for bringing a natural resource site—such as an oil, gas or mining field—into production, covering where to drill or dig, what facilities and pipelines to build, timing, costs and expected output. For investors it matters because the plan translates a resource estimate into a timetable and budgeted cash flows, revealing how much money, risk and time are needed before the project can generate revenue, much like a construction plan shows when a building will be usable and what it will cost.
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Agreement supports Vår Energi’s ambition to reduce time to first oil, building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days
HOUSTON--(BUSINESS WIRE)--
Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making as operators work to sustain production from mature offshore assets while managing increasing development complexity.
As part of the expanded collaboration, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment. By enabling teams to work concurrently using shared data and standardized workflows, the approach reduces handoffs and rework and supports more consistent, timely decision-making from early evaluation through development planning.
“As offshore developments become more complex, performance increasingly depends on how quickly teams can align, evaluate options and make decisions using trusted data,” said Rakesh Jaggi, president of SLB’s digital business. “By bringing disciplines together in an integrated digital environment, operators can shorten planning cycles and improve the speed and quality of decisions needed to progress opportunities, including marginal subsea tiebacks.”
The expanded collaboration reflects a broader shift toward cloud-based planning approaches that help operators reduce time between key development milestones, improve coordination across disciplines and maximize value from existing resources in mature basins.
Key Points:
SLB and Vår Energi are scaling digital field development planning on the Delfi™ digital platform across the Norwegian Continental Shelf to improve progression from discovery to development.
Validation reduced planning cycle times from months to weeks, demonstrating measurable impact at scale.
Under the agreement, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment.
Standardized, integrated workflows enable concurrent cross-discipline work, reducing handoffs and rework while improving timely, trusted-data decisions for mature offshore assets, including marginal subsea tiebacks.
About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
Media
Josh Byerly – SVP of Global Communications
Moira Duff – Director of External Communications
SLB
Tel: +1 (713) 375-3407
media@slb.com
Investors
James R. McDonald – SVP of Investor Relations & Industry Affairs
Joy V. Domingo – Director of Investor Relations
SLB
Tel: +1 (713) 375-3535
investor-relations@slb.com
