HOUSTON, October 5, 2017—OneSubsea, a Schlumberger company, today announced an award by Reliance Industries Ltd of an engineering, procurement and construction (EPC) contract for supply of the subsea production system for the R Cluster (Block KG-D6) Project, offshore the east coast of India.

The scope of this project includes trees, subsea manifolds, control system, tie-in system, multi-phase meters, intervention tooling and test equipment for the
R Cluster field. The contract also includes installation and commissioning support and life-of-field services. Reliance has the option to award the supply of the subsea production system for additional wells for the Satellite fields.

“This award is a milestone as it is our first award from Reliance,” said Mike Garding, president, OneSubsea, Schlumberger. “We look forward to working with Reliance on the successful long-term development of the fields by designing, installing and supporting a subsea production system that reflects the strength of our integrated offering and leans on the proven reliability of our subsea controls.”

About Schlumberger

Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $27.81 billion in 2016. For more information, visit www.slb.com.

For further information, contact:

Investors
Simon Farrant – Schlumberger Limited, Vice President of Investor Relations
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Susan Ganz – Schlumberger, Public Relations Manager-Western Hemisphere
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sganz1@slb.com