Here are 1-3 brief analogies for SLB:

• The 'Intel Inside' for oil and gas exploration and production. (Highlights their role as a provider of essential, specialized technology and services that enable energy companies.)
• Like a specialized General Electric or Caterpillar, but entirely focused on enabling oil and gas extraction. (Emphasizes their industrial scale, equipment, and service provision within a specific sector.)
• The Amazon Web Services (AWS) for companies that drill for oil and gas. (Focuses on their function as a critical infrastructure and service provider that other companies build their core operations upon.)

• Reservoir Characterization Services: Provides data acquisition, processing, and interpretation services to help clients understand subsurface reservoirs and optimize resource extraction.
• Drilling Services: Offers a comprehensive suite of technologies and services for planning, drilling, and evaluating oil and gas wells, including directional drilling and drill bits.
• Well Completion Services: Delivers services and products for completing wells, enabling them to produce hydrocarbons, including wellheads, completion tools, and artificial lift solutions.
• Production Services: Focuses on optimizing the production of oil and gas fields throughout their lifespan, including artificial lift, well intervention, and flow assurance services.
• Digital & Integration Solutions: Provides software, data analytics, and digital platforms to improve operational efficiency and decision-making across the energy value chain.
• New Energy / Low Carbon Solutions: Develops and deploys technologies and solutions for emerging energy sectors and decarbonization, such as geothermal, carbon capture, and hydrogen.

SLB (formerly Schlumberger) primarily sells its technology and services to other companies in the oil and gas exploration and production industry. Its major customers are global and national oil companies (NOCs) and large independent energy companies.

Major Customer Companies:

• ExxonMobil (Symbol: XOM)
• Chevron (Symbol: CVX)
• Shell plc (Symbol: SHEL)
• BP plc (Symbol: BP)
• Saudi Aramco (Primary listing on Tadawul, Symbol: 2222.SR)

Olivier Le Peuch, Chief Executive Officer

Olivier Le Peuch has served as Chief Executive Officer of SLB since August 2019. He began his career with SLB (formerly Schlumberger) in 1987 as an electrical engineer, and has held various global management roles throughout his tenure. These include executive vice president of Reservoir & Infrastructure, president of the Cameron Group, president of Schlumberger Completions, vice president of Engineering, Manufacturing, and Sustaining, and president of Schlumberger Information Solutions. Prior to becoming CEO, he served as the company's Chief Operating Officer.

Stephane Biguet, Executive Vice President and Chief Financial Officer

Stephane Biguet was appointed Executive Vice President and Chief Financial Officer in January 2020. He joined SLB in 1995 in the corporate internal audit group and has held a variety of finance and operations positions across Europe, Latin America, and North America, including M&A director, and controller for various regions and groups. His leadership roles also included vice president global business services, vice president controller, vice president treasurer, and vice president of finance.

Dianne Ralston, Chief Legal Officer

Dianne Ralston is the Chief Legal Officer of SLB, a position she has held since December 2020. She first joined SLB in 1998 as legal counsel, progressing to director of compliance and then deputy general counsel, specializing in IP enforcement. Prior to rejoining SLB, she held executive leadership positions in the energy services sector, including Executive Vice President, Chief Legal Officer, and Secretary of TechnipFMC from 2017 and of FMC Technologies from 2015 to 2017.

Demosthenis Pafitis, Chief Technology Officer

Demosthenis Pafitis assumed the role of Chief Technology Officer in February 2020. In this position, he is responsible for SLB New Technology Development, Digital Technology Development, and Manufacturing. Before his current appointment, he served as senior vice president of SLB 4.0 Platforms.

Gavin Rennick, President New Energy

Gavin Rennick has served as president of the SLB New Energy group since April 2022. His previous roles at SLB include vice president of Human Resources and president of Software Integrated Solutions. He has also held various corporate and operations management positions, such as integration manager for the Cameron International merger, vice president Drilling Products, and geomarket manager for Australia, New Zealand, and Papua New Guinea.

The rapid and accelerating shift of global capital markets and major energy companies away from new upstream oil and gas exploration and production, driven by stringent climate policies, mounting investor pressure for decarbonization, and the increasing economic competitiveness of renewable energy solutions. This redirection of capital directly threatens the long-term demand for SLB's core services, which are heavily reliant on significant ongoing investment in new fossil fuel development.

SLB (NYSE: SLB) is expected to drive future revenue growth over the next two to three years through several key initiatives and market trends:

1. Expansion in Digital and AI Technologies: SLB is making significant strides in its digital offerings, including AI-powered software platforms and real-time data analytics. This segment has consistently shown strong growth, with double-digit sales growth anticipated for its digital business unit. New product launches like Tela™, an agentic AI assistant, are poised to transform upstream energy workflows, further contributing to this growth.
2. Growth in Data Center Solutions: The company's Data Center Solutions business is experiencing strong tailwinds, nearly doubling its revenue in Q3 2025. This growth is driven by substantial capital investments from hyperscalers to expand computing capacity for their growing backlogs. SLB's offerings in data center infrastructure, including cooling systems and server racks, are positioned to benefit significantly from this trend.
3. Integration of ChampionX Acquisition: The acquisition of ChampionX is a major driver, expected to bolster SLB's market position, particularly in the less cyclical production and recovery sectors. The integration, which began in August 2025, is projected to contribute significantly to revenue in the second half of 2025 and generate approximately $300 million in annual cost synergies, enhancing overall financial performance.
4. Strong International Market Performance and Production Systems: While North American activity may see some volatility, SLB anticipates continued revenue growth from international markets, especially in regions such as the Middle East and Asia, as well as offshore markets in Brazil, Guyana, Angola, and Norway, which are expected to drive investment. The Production Systems segment, encompassing production chemicals for enhanced oil recovery and artificial lift, is also identified as a key area for growth.
5. Advancement in New Energy Systems: SLB is actively expanding its footprint in low-carbon and new energy markets, including Carbon Capture, Utilization, and Sequestration (CCUS), geothermal energy, and critical minerals development (such as sustainable lithium production). These initiatives, combined with Data Center Solutions, are on track to visibly exceed $1 billion in revenue by 2025.