SLB LIMITED/NV (SLB)

SLB N.V. (SLB Limited) is a global technology company focused on energy innovation. It operates in more than 100 countries, with employees representing almost twice as many nationalities. The company develops energy technology, delivers digital solutions at scale, works on decarbonizing industries, and builds new energy systems. It has nearly a century of market and technology leadership, and its strategy rests on three growth engines: Core (oil and gas exploration, drilling, production and recovery), Digital, and New Horizons of Growth, which covers new energy and industrial sectors. During 2025 SLB acquired ChampionX Corporation, a provider of chemistry solutions, artificial lift systems and engineered equipment, in an all-stock transaction in which it issued 141 million shares valued at $4.9 billion.

SLB is organized primarily into four Divisions. Digital includes Platforms & Applications (the Delfi and Lumi cloud platforms and applications such as Petrel and Techlog, sold as SaaS subscriptions or perpetual licenses), Digital Operations, Digital Exploration (a library of seismic and other subsurface data) and Professional Services. Reservoir Performance covers Evaluation (wireline logging, downhole testing, rock and fluid analysis), Stimulation (hydraulic fracturing, matrix stimulation, water treatment) and Intervention (wireline, coiled tubing, slickline, reservoir monitoring). Well Construction covers Measurements, Drilling Fluids, Equipment, Drilling (drill bits and bottomhole assembly technologies) and Integrated Well Construction. Production Systems covers Subsea Production Systems through the SLB OneSubsea joint venture (SLB owns 70%, Aker Solutions 20%, Subsea7 10%), Artificial Lift, Completions, Surface Production Systems, Process Technologies and Solutions, Production Chemical Technologies and Valves. An All Other category includes Asset Performance Solutions (primarily three field production projects in Ecuador), Data Center Solutions (modular data center enclosures, cooling systems and other hardware) and SLB Capturi, an 80%-owned carbon capture joint venture with Aker Carbon Capture.

Customers include oil and gas operators, drilling contractors, rental tool companies, shipyards, and upstream, midstream and downstream players, as well as hyperscalers and enterprises for data center infrastructure. Industrial customers in hard-to-abate sectors such as cement, waste-to-energy, gas-to-power and biogenic emissions are served through carbon capture. SLB is also building positions in new energy, including carbon capture and sequestration, low-carbon hydrogen, geothermal and critical minerals. Digital Operations revenue comes from the same customer base as the Core divisions and is recognized in both the Core division and Digital, with the overlap eliminated in consolidation.

Geographically, SLB operates through five Basins: North America Land; Americas; Europe and Africa; Middle East and North Africa; and Asia. The Basins are further organized into GeoUnits, which may be a region, a single country or several countries, and are intended to deploy fit-for-purpose technologies and operating models. A global network of research and development centers supports the Divisions, including investments in lower carbon energy and carbon capture technologies. The company designs and manufactures many of its products, including drill bits, wellhead systems, valves and data center components. The text does not identify suppliers, competitors or the location of headquarters.