Oilfield giant SLB sees 83% earnings jump to $3.4bn in 2022
Oilfield services giant SLB (NYSE: SLB), formerly Schlumberger, has enjoyed a whopping 83% leap in its net income during its 2022 results, to $3.4 billion.
Olivier Le Peuch
Schlumberger rebrands to SLB as energy services giant commits to a low carbon future
Schlumberger (NYSE: SLB) is rebranding as it affirms its transformation from an oilfield services giant to a global technology company.
Schlumberger hails strong services outlook on profitable Q1
Oilfield services giant Schlumberger reported pre-tax profits of $638 million for the first quarter of 2022, as it hailed “one of the strongest outlooks for the energy services industry in recent times.”
Schlumberger storms to $2.4bn profit in 2021
Reporting its Q4 and full-year results for 2021, oilfield services provider Schlumberger said it had closed the year with “great momentum.”
Schlumberger anticipates ‘exceptional growth cycle’ amid profits boost
Schlumberger (NYSE: SLB) enjoyed a boost to profits in the third quarter as the oilfield services giant plans to “close 2021 with strong momentum”.
Schlumberger posts £314 million profit in second quarter
Schlumberger turned a profit in the second quarter as drilling activity continued to rebound from the pandemic-driven oil bust.
Egypt launches round with Schlumberger digital platform
Egypt has launched its first bid round of 2021 and a new digital platform collaboration, with Schlumberger.
Schlumberger reflects on ‘exceptional year’ of resilience after suffering losses of $11bn in 2020
Schlumberger’s chief executive has described 2020 as “an exceptional year of operational resilience” with the firm posting pre-tax losses of $11.2 billion (£8.3bn).
Schlumberger completes plan to axe 21,000 jobs
Schlumberger has completed its plan to cut 21,000 jobs in response to the oil downturn, according to its latest accounts.
Schlumberger’s $7.4bn loss sets stage for ‘most uncertain’ future
Schlumberger, the largest oil field service company, said Friday it lost $7.4 billion in the first quarter. Then its CEO said the second quarter will be worse.
Schlumberger chief financial officer steps down after £9.3bn loss
Schlumbergers chief financial officer has announced plans to step down following the company's £9.3billion pre-tax loss in October.
Schlumberger posts £9.3billion loss as it takes heavy impairment charges
Heavy impairment charges led Schlumberger to a loss of £9.3billion before tax in its third quarter results.
Schlumberger appoints former North Sea boss as new chief executive
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.