Slb NV - Company Profile
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Business Description
Slb NV (Slb) provides technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It offers an array of products, services from exploration through production and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
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R&D Overview
Slb advances its technology programs through a global network of research and development centers. These initiatives aim to enhance industry efficiency, lower finding and producing costs, improve productivity, maximize reserve recovery, and increase asset value in a safe, secure, and sustainable manner. Additionally, these centers support Slb's investments in lower carbon energy sources and carbon capture technologies. The R&D units of the company are the global network of research and development centers. These centers are responsible for advancing Slb's technology programs and supporting investments in sustainable energy solutions In FY2025, it spent US$709 million on its R&D activities, which as a percentage of revenue, stood at 1.9% and declined 5.3% YoY.
Business Segments
Overview
Consists of Asset Performance Solutions, Data Center Solutions and SLB Capturi. Data Center Solutions: designs and manufactures critical infrastructure components such as modular data center enclosures, cooling systems, and other hardware for hyperscalers and enterprises. Asset Performance Solutions: includes an integrated business model for field production projects. Combines the services and products with drilling rig management and specialized engineering and project management expertise, offering a complete solution from well construction to production improvement. SLB Capturi: A joint venture between SLB and Aker Carbon Capture which combines strengths and capabilities of both companies to accelerate industrial decarbonization at a global scale. In FY2025, the segment incurred a capital expenditure of US$441 million, which declined 12.3% YoY.
Performance
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Overview
Consists of digital solutions and data products which spans across the energy value chain from subsurface characterization through field development and hydrocarbon production, along with carbon management and the integration of adjacent energy systems. Generated income from four key solutions: Platforms and Applications; Digital Operations; Digital Exploration; and Professional Services. Platforms and Applications: includes the company’s cloud technologies such as Delfi and Lumi, along with a suite of specialized domain focused applications which includes: Petrel and Techlog. Digital Operations: combines oilfield services with advanced digital technologies to deliver reliable, efficient, and autonomous field operations. Digital Exploration: includes a library of differentiated asset library of seismic surveys and other subsurface data that customers rely on for better exploration and development decisions. Professional Services: includes consulting and other services to support customer’s digital transformations. In FY2025, the segment incurred a capital expenditure of US$257 million, which grew 29.1% YoY.
Performance
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Overview
Develops technologies and provides expertise which improves production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. Offers services such as integrated solutions to the subsea market, artificial lift, well completion services, valves, One Subsea and processing. In FY2025, the segment incurred a capital expenditure of US$466 million, which grew 14.8% YoY.
Performance
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Overview
Offers reservoir-centric technologies and services to optimize reservoir productivity and performance. Reservoir Performance develops and innovates technologies and services to evaluate, negotiate, and stimulate reservoirs which help customers to maximize their value. It also provides wireline, testing, stimulation, and intervention services. In FY2025, the segment incurred a capital expenditure of US$467 million, which declined 25.2% YoY.
Performance
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Overview
Offers products and services to develop well placement and performance, enhancing drilling efficiency and improve wellbore assurance. Provides services such as drilling fluids, drilling & measurements, drilling tools, drill bits, integrated well construction, well cementing, and rigs and equipment. In FY2025, the segment incurred a capital expenditure of US$514 million, which declined 31% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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