Energy technology company SLB launched a new artificial intelligence tool on Monday to automate processes and workflows for oilfield service companies moving to leverage AI to unlock growth.
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced the launch of Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes. Tela will be embedded in SLB's portfolio of applications and plat...
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced today the award of two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) to its OneSubsea™ joint venture. The contracts build on a 20-year collaboration between the two companies and cover the expansion of two fields offshore Mal...
Oilfield services giants SLB , Halliburton and Baker Hughes are turning to data centers and related artificial intelligence infrastructure work to drive their next phase of growth as they navigate slowing drilling demand and idle rigs across North America.
Schlumberger is an undervalued pick-and-shovel play, trading at just 12.4x forward earnings, about half its historical average. SLB's Q3 results show strong growth in digital and data center businesses, diversifying revenue beyond traditional oilfield services. The ChampionX acquisition accelerates ARR growth and synergies, while a strong balance sheet supports a 3.2% dividend yield and robust ...
HOUSTON & RENO, Nev.--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) and leading geothermal and renewable energy company Ormat Technologies (NYSE: ORA) today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). EGS is the next generation of geothermal technology, meant to unloc...
RENO, Nev. and HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Leading geothermal and renewable energy company Ormat Technologies (NYSE: ORA), and Global energy technology company SLB (NYSE: SLB) today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). EGS is the next generation of geothermal techno...
Supplier of residential thermal, comfort and security solutions, Resideo Technologies, Inc. (REZI) was the top contributor in the quarter. Shares of gold mining company, Barrick Mining Corporation (B) also jumped in the quarter on strong financial results buoyed by rising gold prices. We added Arthur J. Gallagher & Co. (AJG), the world's largest insurance broker focused on middle-market clients.
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