A Rebranding for the World's Biggest Oil-Services Provider

SLB, formerly Schlumberger, is evolving its brand and focusing on innovation to address energy industry challenges. The company aims to decarbonize operations, enhance digital platforms, and invest in clean energy. SLB plans to grow its digital revenue and expand customer adoption of its platforms. Financially, SLB will maintain CapEx investments within 5-7% of revenue, focusing on capital efficiency. The main execution risk is the industry's delay in addressing climate change and transitioning to clean energy.

What motivated SLB to evolve its brand from Schlumberger to SLB?

How does SLB plan to contribute to a decarbonized energy system?

What are the key areas of growth identified by SLB for the next decade?

What is the long-term vision for SLB's clean energy investments?

What is the expected adoption rate of SLB's digital platform among customers over the next decade?

How does SLB plan to maintain capital efficiency in its operations?

What challenges does SLB face in addressing climate change and decarbonization?