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Sr. No. |
Item |
Description |
|
1 |
Company Name |
Schlumberger NV |
|
2 |
Website |
www.slb.com |
|
3 |
Established Date |
1926 |
|
4 |
Headquartered |
Houston, Texas, the US. |
|
5 |
Market Position/ History |
Founded in Paris in 1926, Schlumberger is the world’s largest offshore drilling company by revenue, known for its innovations and major acquisitions like Smith International (2010) and Cameron International (2015). The company excels in digital services and hydraulic fracturing, focusing recently on integrating technology for unconventional extraction and investing in new energy and decarbonization. In 2022, Schlumberger rebranded as SLB to emphasize its shift toward new energy. In 2023, it acquired Gyrodata for advanced wellbore positioning technology. |
|
6 |
Sales Area |
Worldwide |
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7 |
Manufacturing Location |
Texas, Saudi Arabia, Indonesia, Nevada and others |
|
8 |
Ticker |
NYSE: SLB |
|
9 |
No. of Employees |
111,000 (As of December 31, 2023) |
|
10 |
Competitors |
Emerson Electric Company Crane Company IMI plc Spirax Sarco Limited KSB SE & Co KGaA The Flowserve Corporation |
|
11 |
CEO |
Olivier Le Peuch |
|
12 |
Ownership Type |
Public |
|
13 |
Contact Information |
5599 San Felipe St Fl 17, Houston, Texas, 77056-2790 Tel: 1 713 5132000 |
SLB operates through several key business segments. The Digital & Integration segment focuses on integrating software and seismic solutions, offering Asset Performance Solutions (APS) that enhance field development and improve production and cash flow. The Production Systems segment provides technologies and expertise aimed at boosting production and recovery, including subsea solutions and well completion services. In Reservoir Performance, the company specializes in optimizing reservoir productivity with services like wireline, testing, and stimulation. Well Construction offers products and services to enhance drilling efficiency and well placement, including drilling fluids, tools, and cementing. Additionally, SLB’s Valve Solutions segment provides a broad range of valve products and services for various applications such as oil and gas flow control, subsea operations, and critical-service production.
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Product |
Product Description |
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Valves |
The company provides comprehensive valve solutions for the global energy and industrial markets. With highly trained technicians available 24/7 in 20 countries, it offers innovative flow equipment products, systems, and services to the oil, gas, and process industries. Through organic growth and strategic acquisitions, we offer a wide range of ASME and API valves for various applications, including drilling, production, and critical services. Valve Types: Low-Emission Valves Purpose: Mitigate fugitive emissions and support sustainable practices. Standards: Certified to API 624, API 641, and ISO 15848-1. Applications: Gas processing, LNG plants, refineries, petrochemical plants, oil and gas production, pipelines. Emission Reduction: Up to 96% reduction compared to standard packing. Ball Valves Characteristics: Reliable, bubble-tight sealing with options for zero leakage and frequent operation. Types: ORBIT Rising Stem Ball Valves: Ideal for gas processing plants with molecular sieve systems. RING-O Subsea Valves: Used in subsea manifolds for high-pressure conditions. Cameron T30 Series: Fully welded with lower emissions. GROVE B4, B7, IST: Various sizes and pressure ratings, including integrated seat technology. WKM and NUTRON: Floating ball valves with bidirectional sealing and internal cavity relief. Butterfly Valves Characteristics: Compact design, lighter weight, lower initial cost. Types: High-Performance Butterfly WKM Valves: Versatile, with ball or gate valve sealing performance. Demco Butterfly Valves: Durable, space-efficient, suitable for a range of applications. Injection Metering Valves Purpose: Accurate, reliable low-dose chemical injection and hydrate mitigation. Features: Ultrasonic flowmeters, remote operation, self-regulating. Types: High-Flow PULSE: For ultrahigh-flow requirements. Medium-Flow PULSE: For hydrate mitigation with methanol or MEG. Low-Flow PULSE: For effective low-dose inhibitor injection. Gate, Globe, and Check Valves Purpose: Ideal for standard and critical applications. Types: Tom Wheatley Check Valve: Nonslam, reliable, and wear-resistant. WKM Pow-R-Seal: Double expanding gate valve with enhanced safety. WKM Saf-T-Seal: Rugged, reliable through-conduit slab gate valve. G7 Fabricated Gate Valve: Long-term sealing performance and contamination control. Plug and Diverter Valves Characteristics: Reliable in challenging applications, such as pipelines and liquid bulk terminals. Types: D Series TEXSTEAM Plug Valves: Infield-repairable, cost-effective. Super G TEXSTEAM Plug Valves: Corrosion and impact-resistant. GENERAL VALVE Four-Way Diverter: Positive sealing without line or hydraulic pressure. Valve Brands: Cameron: Comprehensive valve solutions with over 100 years of OEM experience. Products: AOP Series, Cameron Core-brand valves. DEMCO: Lightweight and durable butterfly valves. ENTECH: Nozzle check valves. GENERAL VALVE: Plug and diverter valves. GROVE: High-performance valves for various applications. LEDEEN: Compact actuators. NAVCO: Floating ball valves. NUTRON: Ball valves with internal cavity relief. ORBIT: Rising stem ball valves. RING-O: Subsea valves. TEXSTEAM: Robust plug valves. TK: Trunnion-mounted ball valves. TOM WHEATLEY: Check valves. WHEATLEY: Check valves with low pressure drop. WKM: Proven valves for diverse applications. Valve Applications: General Applications Oil & Gas Flow Control: Direct, measure, and control flow from wellheads to processing facilities. Pipeline Services: For drilling, production, storage, and transmission. Specific Applications CCUS: CO2 capture, utilization, and sequestration. Hydrogen: Prequalified designs for long-term performance. Low Emissions: Compliance with global emissions standards. Renewable Fuels: For biogas, RNG, SAF, biodiesel, and ethanol. Ammonia: Fugitive emissions certified valves for ammonia applications. Subsea Construction: Cast-iron, prevents valve rotation, automation, visual indicators. Actuation: Pneumatic, hydraulic, electric actuators. Designs: Aluminum, stainless steel, compact actuators. Drilling Gate Valves: Reliable in abrasive environments. Ball Valves: Economical and versatile. Special Applications: For corrosive CO2 and waterflooding. Critical-Service Production Construction: Cast-iron, automation, visual indicators. Actuation: Pneumatic, hydraulic, electric. Designs: High pressure, compact actuators, MAXTORQUE for high performance. Standard Production Applications: Separation, metering, tank battery, wastewater. Construction: Cast-iron, automation, visual indicators. Designs: Wide range of sizes and standards, MAXTORQUE for efficiency. Gas Transmission & Storage Construction: Cast-iron, automation, visual indicators. Designs: Large-bore, small-bore, ANSI standards, MAXTORQUE products. Liquid Transmission & Storage Applications: Compressor and pumping stations. Designs: Double block-and-bleed, ANSI sizes, MAXTORQUE for durability. Process, Refining & Petrochemical Processing: Zero leakage, frequent operation for gas processing, LNG, and NGL. Valve Services: Process Live Uptime Assurance: Data-driven insights into valve health to prevent disruptions. Reliability Engineering: Expert management to maximize uptime and reduce total cost-of-ownership. Total Valve Care (TVC): Comprehensive service for all valve types and brands. Valve & Valve Automation Services: Expert solutions for valve maintenance and automation. |
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Year |
Latest News |
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SLB and TotalEnergies Announce 10-Year Partnership SLB and TotalEnergies have formed a 10-year partnership to co-develop advanced digital solutions using AI and SLB's Delfi platform. The collaboration will enhance subsurface modeling and reservoir simulation, focusing on efficiency, emissions reduction, and carbon storage. |
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June 14, 2024 |
SLB and Aker Carbon Capture Announce Closing of Carbon Capture Joint Venture SLB and Aker Carbon Capture have launched a joint venture to advance carbon capture technologies. The new company, headquartered in Oslo, will integrate both companies' technologies to enhance industrial decarbonization, with an initial capacity to capture 1 million tonnes of CO2 per year. |
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