Slb Limited's Corporate Customers have recorded a growth in their cost of revenue by 44.66 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 34.82 %. During the corresponding time, Slb Limited recorded a revenue increase by 4.98 % year on year, sequentially revenue grew by 2.88 %. While revenue at the Slb Limited's corporate clients recorded rose by 43.06 % year on year, sequentially revenue grew by 37.82 %.
Slb Limited's Customers have recorded a growth in their cost of revenue by 44.66 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 34.82 %, for the same period Slb Limited recorded revenue increase by 4.98 % year on year, sequentially revenue grew by 2.88 %.
Slb Limited's Comment on Sales, Marketing and Customers
SLB provides services to the oil and gas industry, including digital operations, digital exploration, professional services, reservoir performance, and well construction solutions. Its customers include oilfield operators and drilling rig manufacturers. SLB offers real-time monitoring, autonomous drilling, seismic data libraries, consulting for digital transformation, reservoir evaluation, stimulation, intervention, and well construction services such as mud logging.
SLB Advances Energy Operations with ChampionX Acquisition Clearance and Major Contracts in Brazil HOUSTON SLB (NYSE: SLB), a leading global energy technology company, is navigating a significant period of expansion and strategic maneuvering within the energy sector. The company has recently announced that all applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) of 1976 have expired concerning its planned acquisition of ChampionX. With the expiration of these periods, SLB now possesses the legal green light to finalize the transaction in the United States. This acquisition represents a significant milestone for SLB, enhancing its operational capacity and service offerings....
SLB Secures Major Integrated Services Contract with Petrobras Amid Industry ChallengesIn a significant development for the offshore energy sector, SLB (formerly Schlumberger Limited), a leading global energy technology company, has announced the successful acquisition of an integrated services contract with Petrobras, Brazil s state-controlled oil and gas giant. This contract, awarded after a competitive tender process, will see SLB providing comprehensive services across all offshore fields operated by Petrobras in Brazil. The scope of the contract includes the construction of over 100 deepwater wells, employing advanced drilling, cementing, and drilling fluids technologies, utilizing up to nine ultra-deep...
SLB OneSubsea Earns Major Petrobras Contract for Ultra-Deepwater Projects HOUSTON - In a significant development for the offshore energy sector, SLB (NYSE: SLB), through its joint venture OneSubsea, has been awarded a critical contract from Petrobras (NYSE: PBR) following a competitive bidding process. This contract pertains to the supply of standardized subsea production systems and related services for two ultra-deepwater projects in Brazil s Santos Basin, targeting the strategic development of the Atapu and Sepia oil fields.This partnership comes at a time when the broader landscape of the oil and gas industry is witnessing notable fluctuations in revenues and operational costs. Recent figures reveal a tr...
SLB OneSubsea Awarded Contract for TotalEnergies Kaminho Deepwater Project in AngolaSLB (NYSE: SLB) has recently announced that its joint venture OneSubsea has been awarded a contract by TotalEnergies (NYSE: TTE) for a deepwater production system consisting of 13 wells, including associated equipment and services. This contract is part of the development of the Kaminho offshore project in Angola, led by TotalEnergies and its partners Block 20/11.The announcement comes at a time when Schlumberger Limited, SLB s corporate clients, have experienced a decline in their costs of revenue. In the third quarter, there was a significant decrease of 13.69% compared to the previous year. However, sequentially, the cost...
SLB (NYSE: SLB) and TotalEnergies (NYSE: TTE) have recently announced a groundbreaking 10-year partnership aimed at co-developing and implementing scalable digital solutions that improve access to energy resources, while enhancing performance and efficiency. This strategic collaboration sets the stage for both companies to address critical challenges across the entire energy value chain, including carbon capture, utilization, and sequestration (CCUS).Notably, during the third quarter, Schlumberger Limited experienced a decline of -13.69% in its corporate clients costs of revenue compared to the same period a year ago. However, sequentially, the costs of revenue grew by 10.1%. On a positive note, Schlumberge...
Joint Venture Agreement for Carbon Capture Signed by SLB and Aker Carbon Capture: Accelerating Industrial Decarbonization at ScaleIn a significant development for the decarbonization of industries on a large scale, Schlumberger Limited (NYSE: SLB) and Aker Carbon Capture (ACC) announced the closing of their previously announced joint venture agreement. This collaboration aims to integrate technological portfolios, expertise, and operational platforms to accelerate the adoption of carbon capture.The rising need for carbon capture technologies and solutions has become increasingly evident in the pursuit of credible pathways to achieve zero emissions. The partnership between SLB and ACC will bring together thei...
SLB Forges Ahead in Sustainability and Energy Solutions with Two Strategic Endeavours SLB (NYSE: SLB), a global technology company, has recently achieved significant strides toward fostering a sustainable future and advancing technological innovation in the energy sector. The announcements of two major initiatives underline its commitment to industrial decarbonization and enhanced subsea technologies. These endeavours, involving collaborations with Aker Carbon Capture (ACC) and Equinor, underscore SLB s versatile expertise in environmental and energy solutions. Accelerating Carbon Capture for Industrial Decarbonization In a landmark move, SLB and Aker Carbon Capture have officially closed their previously an...
In recent news, oilfield services leader SLB (NYSE: SLB) has achieved significant milestones by being awarded two substantial contracts for projects in the North Sea. This remarkable feat showcases SLB s continued dominance in the offshore sector and its unwavering commitment to providing cutting-edge solutions to industry leaders.The first contract involves Equinor s renowned Troll project in the North Sea. SLB s joint venture, OneSubsea, has been designated to execute the second stage of Phase 3 for the project. Leveraging an existing long-term contract, SLB OneSubsea will employ configurable solutions compliant with NCS2017+ to accelerate the delivery of a subsea tieback to the existing infrastructure. Th...
OneSubsea Bags Major Contract for Phase 3, Stage 2 of Equinor s Troll Project Amid Cost and Revenue Fluctuations in the Market An Overview by CSIMarket.com Houston, TX - Recent Developments In a significant advancement within the offshore industry, SLB (formerly Schlumberger Limited) has announced the awarding of a major contract by Equinor to SLB OneSubsea, a joint venture. This major contract will oversee the execution of the second stage of Phase 3 of Equinor s Troll project in the North Sea, offshore Norway. The contract leverages a long-term existing agreement aimed at accelerating the delivery of the subsea tieback to the existing infrastructure, with SLB OneSubsea utilizing highly configurable sol...
In an exciting development for the North Sea oil and gas industry, Schlumberger Limited (SLB) has announced that its joint venture, OneSubsea, and partner Subsea7 have been awarded a substantial integrated engineering, procurement, construction, and installation (EPCI) contract. The contract was granted by OKEA to accelerate the subsea tieback delivery to aging platforms for the profitable and sustainable marginal field development in the Bestla (formerly known as Brasse) Project, located in the offshore North Sea, Norway.The collaboration between SLB s OneSubsea and Subsea7 aims to address an imperative need for rejuvenating aging platforms and extending their operational life by utilizing subsea tiebacks. ...
Slb Limited’s Comment on Sales, Marketing and Customers
SLB provides services to the oil and gas industry, including digital operations, digital exploration, professional services, reservoir performance, and well construction solutions. Its customers include oilfield operators and drilling rig manufacturers. SLB offers real-time monitoring, autonomous drilling, seismic data libraries, consulting for digital transformation, reservoir evaluation, stimulation, intervention, and well construction services such as mud logging.
Sources:
Slb Limited’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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