New name: Schlumberger becomes SLB
Schlumberger rebrands to reflect transition focus
Houston-based oil and gas services company becomes SLB and outlines strategy including focus on hydrogen, geothermal and CCUS
Schlumberger, the world’s biggest oil and gas services company, has changed its name to SLB in a rebranding to reflect its stronger focus on the energy transition and decarbonisation. “Our new identity symbolises SLB's commitment to moving further and faster in facilitating the world's energy needs today and forging the road ahead for the energy transition,” says Olivier Le Peuch, CEO of the Houston-based company. “It is a bold challenge. But the legacy of our people, technology and performance are unmatched, and we are ready to answer this challenge.” SLB’s strategy will focus on four main areas: new energy systems; industrial decarbonisation; digital at scale; and oil and gas innovation.
Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
