Schlumberger New Energy (SNE) is launched to explore new businesses in low-carbon or carbon-neutral energy technologies: geothermal and carbon capture and sequestration (CCS) and geoenergy, clean hydrogen, and lithium. The new SNE ventures started this year include:

Reorganizes Schlumberger’s oilfield activities into four Divisions that combine and integrate Schlumberger’s technologies: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems

Launches TruLink, the industry’s first dynamic surveying-while-drilling service, achieving over 9,000 hours of mean time between failure

Introduces Performance Live digitally connected service optimizing remote wellsite operations control while improving safety, efficiency and footprint

Announces a major collaboration with IBM and Red Hat to accelerate digital transformation across the oil and gas industry

Initiates the BlueFLEX program to examine flexibility around how, when, and where SLB employees will work in the future, with the goal of enhancing employee experience and productivity, which will lead to improved business performance

Forms an AI consulting and cloud operations support structure, enabling SLB to accompany its customers in their digital journey, from innovative workflow deployment to asset operations transformation

Genvia strikes agreements with leading steel and cement companies to pilot Genvia technology, setting a path to scale this decarbonization solution

SNE announces the development of a lithium extraction pilot plant in Clayton Valley, Nevada, USA, through its new venture, NeoLith Energy

Advances partnerships in New Energy with LafargeHolcim (CCS Solutions), Chevron and Microsoft (bioenergy, carbon capture and storage), Panasonic (lithium production), and EnerVenue (metal-hydrogen stationary energy storage solutions)

As the first company in the energy services industry Schlumberger announces its commitment to reach net-zero emissions by 2050 and launches its Transition Technologies portfolio to reduce emissions from oil and gas operations

Changes its brand name to SLB and unveils a new logo that underscores its vision for a decarbonized energy future

Optimizes its portfolio for resilience and long-term growth across three engines of growth—Core, Digital, and New Energy—to generate compelling returns and position SLB for long-term strength in all markets where it operates

Launches SLB End-to-end Emissions Solutions (SEES), which offer a comprehensive set of services and cutting-edge technologies designed to give operators a robust and scalable solution for measuring, monitoring, reporting, and ultimately eliminating methane and routine flare emissions from their operations

Introduces Neuro Autonomous Solutions, utilizing advanced cloud-based software and connected intelligent systems for autonomous drilling operations

Launches Innovation Factori network with centers in Houston, Rio de Janeiro, Oslo, Abu Dhabi, Kuala Lumpur, and Beijing that enables customers to accelerate the development and deployment of enterprise-scale AI and digital solutions

Enters a strategic collaboration with Linde on CCUS (carbon capture, utilization, and sequestration) projects to accelerate decarbonization solutions across industrial and energy sectors

Announces a collaboration with Oman’s Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman’s geothermal resources

Acquires GyroData, integrating gyroscope data into its portfolio to enhance wellbore placement accuracy

SLB, Aker Solutions, and Subsea7 close their joint venture OneSubsea, a new business that will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time

Abu Dhabi National Oil Company (ADNOC), SLB and AIQ launch a new AI-driven solution for reservoir analysis and field development, enabling the acceleration of the digital transformation of the energy sector

Launches its carbon storage screening and ranking solution that increases confidence in site selection decisions based on scientific analysis of the long-term integrity and economic potential of an asset

Introduces next generation methane point instrument, a self-installed continuous methane monitoring system that uses IoT-enabled sensors to quickly and cost effectively detect, locate and quantify emissions across oil and gas operations

Opens its new West Africa regional office in Lagos, Nigeria

Introduces Reda Agile compact wide-range electric submersible pump (ESP) system and rodless Reda PowerEdge electric submersible progressing cavity pump (ESPCP) system, two breakthrough designs for advanced artificial lift systems delivering enhanced reliability and efficiency

The SLB-NVIDIA collaboration accelerates the development and deployment of industry-specific generative AI foundation models across SLB’s global platforms, including its Delfi digital platform and Lumi data and AI platform

Announces an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations

The SLB and Aker Carbon Capture Joint Venture unveils its new company name, SLB Capturi, which is emerging as a leader in accelerating industrial decarbonization through its innovative, industrial-scale carbon capture solutions, ready for immediate implementation

SLB OneSubsea signs a Memorandum of Understanding (MOU) with C-Power to explore the use of converted energy from ocean waves as a lower-cost, lower-carbon power source for subsea energy applications