\n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n Broad Growth Driven by Middle East Recovery, North America and Deep Water<\/b><\/p>\n \n\u201cSLB delivered solid third-quarter results with all regions growing sequentially \u2014 led by a gradual recovery in the Middle East, growth in North America land and broadening international activity in deepwater offshore basins,\u201d said SLB Chief Executive Officer Olivier Le Peuch.<\/p>\n \n\u201cIn the Middle East, our business grew 13% sequentially despite late-quarter disruptions. Outside the region, growth was supported by higher activity in U.S. land, highlighted by ChampionX achieving its highest quarterly revenue since the acquisition. Strong SLB OneSubsea\u2122 activity further supported growth with a steady flow of new contract awards in the international markets which increased backlog and enhanced revenue visibility into 2027,\u201d Le Peuch said.<\/p>\n Production Systems, Well Construction and Reservoir Performance Revenue Grew Sequentially<\/b><\/p>\n \n\u201cProduction Systems, Well Construction and Reservoir Performance revenue grew sequentially, reflecting increased activity across the exploration-to-production life cycle.<\/p>\n \n\u201cProduction Systems was supported by higher SLB OneSubsea activity and increased sales of production chemicals and artificial lift. This demonstrates the value of our production offering as customers increasingly prioritize production optimization, improved recovery and extended asset life.<\/p>\n \n\u201cWell Construction and Reservoir Performance benefited from the rebound in the Middle East and increased international offshore activity, mainly in Europe & Africa, Latin America and Asia. Growth was driven by increased drilling fluids sales, higher drilling measurements revenue, and heightened evaluation and intervention activity as operators ramp up development efforts to restore production and bring new capacity online.\u201d<\/p>\n \n\u201cThese results reflect broad-based sequential revenue growth across each of our geographical areas and Core divisions as the upcycle gains momentum,\u201d Le Peuch said.<\/p>\n Data Center Solutions Accelerates as an Independent Growth Driver<\/b><\/p>\n \n\u201cOur Data Center Solutions business continued to accelerate, with revenue increasing 23% sequentially, driven by growing demand, a broadening scope of services and geographic expansion into Asia.<\/p>\n \n\u201cAI is driving unprecedented investment in data center infrastructure, and customers are looking for partners who can deploy quickly, reliably and at scale. Our modular approach is meeting this need today, and the previously announced acquisition of Kelvion will further strengthen our technology portfolio and advance our ability to deliver more integrated solutions for customers.<\/p>\n \n\u201cOverall, we continue to strengthen our position as an industrial technology partner to the data center industry and to expand our participation in this rapidly growing market,\u201d Le Peuch said.<\/p>\n Broad International Expansion Strengthens the 2027 Growth Outlook<\/b><\/p>\n \n\u201cOur view of supportive market fundamentals remains firmly intact. Energy security and supply shocks continue to drive a quest for international supply diversification, reserve replacement and sustained production \u2014 driving a distinct upcycle, despite near-term uncertainty in the Middle East.<\/p>\n \n\u201cOur international outlook continues to strengthen, driven by deepwater momentum across Latin America, Europe, Sub-Saharan Africa and Asia, underscored by recent SLB OneSubsea contract awards. Furthermore, international diversification is accelerating as major U.S. shale operators expand abroad and partner with national oil companies across global basins.<\/p>\n \n\u201cCombined with significant activity increases in Venezuela and expanding momentum across our Core, Digital and Data Center Solutions businesses, we see a very compelling outlook for 2027, with further upside as Middle East activity recovers,\u201d Le Peuch concluded.<\/p>\n Other Events<\/b><\/p>\n \nDuring the quarter, SLB repurchased 12.9 million shares of its common stock for a total purchase price of $656 million. During the first nine months of 2026, SLB repurchased a total of 34.0 million shares of its common stock for a total purchase price of $1.76 billion.<\/p>\n \nOn August 31, 2026, SLB signed an agreement to acquire Kelvion, a global provider of thermal management and heat exchange technologies. The acquisition strengthens SLB\u2019s Data Center Solutions business with critical thermal management technologies and expands the company\u2019s role in data center infrastructure, which is one of the world\u2019s fastest-growing industrial and technology markets. Under the terms of the agreement, SLB will acquire Kelvion from Apollo-managed funds \u2014 the majority owner \u2014 and funds advised by Triton, which holds a minority interest, for approximately $3.4 billion in cash and will assume approximately $0.7 billion of debt. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2027.<\/p>\n \nOn September 1, 2026, SLB completed its acquisition of S&P Global Energy\u2019s geoscience and petroleum engineering software business portfolio. The acquisition enhances SLB\u2019s digital subsurface and planning portfolio, adding workflow-centric applications widely used by North American onshore and unconventional operators, and strengthening its ability to help customers improve efficiency, accelerate decision making and unlock greater value from subsurface data.<\/p>\n \nOn October 22, 2026, SLB\u2019s Board of Directors approved a quarterly cash dividend of $0.295 per share of outstanding common stock, payable on January 7, 2027, to stockholders of record on December 2, 2026.<\/p>\n Third-Quarter Revenue by Geographical Area<\/b><\/p>\n\n\n| As reported<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n $2,401<\/b><\/p>\n<\/td>\n | | \n\n \n$2,244<\/p>\n<\/td>\n | | \n\n \n$1,930<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n24%<\/p>\n<\/td>\n<\/tr>\n | \n| Latin America<\/td>\n | \n 1,749<\/b><\/p>\n<\/td>\n | | \n\n \n1,714<\/p>\n<\/td>\n | | \n\n \n1,482<\/p>\n<\/td>\n | | \n\n 2%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n18%<\/p>\n<\/td>\n<\/tr>\n | \n| Europe & Africa*<\/td>\n | \n 2,437<\/b><\/p>\n<\/td>\n | | \n\n \n2,385<\/p>\n<\/td>\n | | \n\n \n2,434<\/p>\n<\/td>\n | | \n\n 2%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n0%<\/p>\n<\/td>\n<\/tr>\n | \n| Middle East & Asia<\/td>\n | \n 2,807<\/b><\/p>\n<\/td>\n | | \n\n \n2,572<\/p>\n<\/td>\n | | \n\n \n3,000<\/p>\n<\/td>\n | | \n\n 9%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-6%<\/p>\n<\/td>\n<\/tr>\n | \n| Eliminations & other<\/td>\n | \n 55<\/b><\/p>\n<\/td>\n | | \n\n \n57<\/p>\n<\/td>\n | | \n\n \n82<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $9,449<\/b><\/p>\n<\/td>\n | | \n\n \n$8,972<\/p>\n<\/td>\n | | \n\n \n$8,928<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n6%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| International<\/td>\n | \n $6,993<\/b><\/p>\n<\/td>\n | | \n\n \n$6,671<\/p>\n<\/td>\n | | \n\n \n$6,916<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n1%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n $2,401<\/b><\/p>\n<\/td>\n | | \n\n \n$2,244<\/p>\n<\/td>\n | | \n\n \n$1,930<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n24%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *Includes Russia and the Caspian region<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| n\/m = not meaningful<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n<\/table>\n\nThird-quarter revenue of $9.45 billion increased 5% sequentially, driven by 5% growth internationally and 7% growth in North America. International revenue growth was broad-based, led by a 13% increase in the Middle East as activity continued to recover despite late-quarter disruptions. Europe & Africa, Asia and Latin America also posted sequential growth, primarily driven by offshore activity.<\/p>\n \nIn North America, sequential revenue growth was supported by strong U.S. unconventional activity, driven by robust demand for production chemicals and artificial lift solutions. Data Center Solutions also contributed to the sequential revenue increase.<\/p>\n \nThe ChampionX businesses, acquired in July 2025, contributed $956 million of revenue in the third quarter of 2026, consisting of $662 million in North America and $263 million in the international markets. Third-quarter 2025 results included two months of ChampionX activity, which contributed $579 million in revenue, consisting of $387 million in North America and $171 million in the international markets.<\/p>\n \nExcluding the impact of this acquisition, third-quarter 2026 revenue increased 2% year on year as international revenue was essentially flat and North America revenue increased 13% year on year.<\/p>\n \nThe following table and commentary are presented on a pro forma basis assuming that ChampionX was acquired on January 1, 2025.<\/p>\n \n\n| \n \n(Stated in millions)<\/p>\n<\/td>\n<\/tr>\n | \n| Pro forma<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/b><\/td>\n | | \nSept. 30,
2025<\/b><\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n $2,401<\/b><\/p>\n<\/td>\n | | \n\n \n$2,244<\/p>\n<\/td>\n | | \n\n \n$2,134<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n13%<\/p>\n<\/td>\n<\/tr>\n | \n| Latin America<\/td>\n | \n 1,749<\/b><\/p>\n<\/td>\n | | \n\n \n1,714<\/p>\n<\/td>\n | | \n\n \n1,507<\/p>\n<\/td>\n | | \n\n 2%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n16%<\/p>\n<\/td>\n<\/tr>\n | \n| Europe & Africa*<\/td>\n | \n 2,437<\/b><\/p>\n<\/td>\n | | \n\n \n2,385<\/p>\n<\/td>\n | | \n\n \n2,462<\/p>\n<\/td>\n | | \n\n 2%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-1%<\/p>\n<\/td>\n<\/tr>\n | \n| Middle East & Asia<\/td>\n | \n 2,807<\/b><\/p>\n<\/td>\n | | \n\n \n2,572<\/p>\n<\/td>\n | | \n\n \n3,032<\/p>\n<\/td>\n | | \n\n 9%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-7%<\/p>\n<\/td>\n<\/tr>\n | \n| Eliminations & other<\/td>\n | \n 55<\/b><\/p>\n<\/td>\n | | \n\n \n57<\/p>\n<\/td>\n | | \n\n \n94<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $9,449<\/b><\/p>\n<\/td>\n | | \n\n \n$8,972<\/p>\n<\/td>\n | | \n\n \n$9,229<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n2%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| International<\/td>\n | \n $6,993<\/b><\/p>\n<\/td>\n | | \n\n \n$6,671<\/p>\n<\/td>\n | | \n\n \n$7,001<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n–<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n $2,401<\/b><\/p>\n<\/td>\n | | \n\n \n$2,244<\/p>\n<\/td>\n | | \n\n \n$2,134<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n13%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *Includes Russia and the Caspian region<\/td>\n<\/tr>\n | \n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n International<\/b><\/p>\n Latin America<\/b><\/p>\n \nRevenue in Latin America of $1.75 billion increased 2% sequentially, primarily driven by higher SLB OneSubsea sales and increased drilling activity in Guyana and Brazil. Growth was further supported by higher revenue from Asset Performance Solutions (APS) projects in Ecuador and stronger drilling activity in Argentina.<\/p>\n \nYear on year, revenue increased 16%, driven primarily by stronger offshore activity in Brazil, Guyana and Mexico. Higher revenue from APS projects in Ecuador also contributed to the increase, as the prior-year quarter was affected by pipeline-related disruptions.<\/p>\n Europe & Africa<\/b><\/p>\n \nRevenue in Europe & Africa of $2.44 billion increased 2% sequentially, driven by higher SLB OneSubsea revenue in Scandinavia and Angola and production and recovery activity in Nigeria. These increases were partially offset by lower revenue in Libya and reduced SLB Capturi\u2122 revenue as project milestones were completed.<\/p>\n \nYear on year, revenue decreased 1%, primarily reflecting lower activity across North Africa. This decline was partially offset by strong growth in Nigeria from higher production systems sales and increased evaluation, intervention and stimulation activity as well as higher revenue in Kazakhstan, Azerbaijan and Turkmenistan.<\/p>\n Middle East & Asia<\/b><\/p>\n \nRevenue in the Middle East & Asia of $2.81 billion increased 9% sequentially, driven by 13% growth in the Middle East and a 2% increase in Asia. The Middle East accounted for 67% of the area’s revenue in the third quarter of 2026.<\/p>\n \nGrowth in the Middle East reflected the rebound in activity following operational disruptions related to the regional conflict in the prior quarter. Activity improved in Iraq, Kuwait, Oman, Saudi Arabia, Qatar and the United Arab Emirates, although certain countries experienced renewed disruptions during the final weeks of the quarter.<\/p>\n \nIn Asia, sequential revenue growth was supported by continued strength in offshore activity, particularly in India, East Asia and Indonesia.<\/p>\n \nYear on year, revenue decreased 7%, primarily reflecting a 12% decline in the Middle East due to conflict-related disruptions, partially offset by strong growth across Asia, led by offshore markets.<\/p>\n North America<\/b><\/p>\n \nRevenue in North America of $2.40 billion increased 7% sequentially, driven by higher sales of production chemicals, artificial lift and valves in U.S. land, along with a 23% increase in Data Center Solutions revenue. Growth was further supported by increased drilling activity in Canada following the spring breakup in the prior quarter. These gains were partially offset by lower digital exploration sales in the Gulf of America.<\/p>\n \nYear on year, revenue increased 13%, primarily reflecting stronger unconventional activity in U.S. land, as well as continued momentum in Data Center Solutions, where revenue grew 76%.<\/p>\n Third-Quarter Results by Division<\/b><\/p>\n Digital<\/b><\/p>\n\n\n | \n | \n | \n | \n | \n | \n | \n(Stated in millions)<\/td>\n<\/tr>\n | \n | \nThree Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| International<\/td>\n | \n $523<\/b><\/p>\n<\/td>\n | | \n\n \n$526<\/p>\n<\/td>\n | | \n\n \n$500<\/p>\n<\/td>\n | | \n\n -1%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n5%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n 168<\/b><\/p>\n<\/td>\n | | \n\n \n170<\/p>\n<\/td>\n | | \n\n \n156<\/p>\n<\/td>\n | | \n\n -1%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n8%<\/p>\n<\/td>\n<\/tr>\n | \n| Other<\/td>\n | \n 2<\/b><\/p>\n<\/td>\n | | \n\n \n1<\/p>\n<\/td>\n | | \n\n \n2<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $693<\/b><\/p>\n<\/td>\n | | \n\n \n$697<\/p>\n<\/td>\n | | \n\n \n$658<\/p>\n<\/td>\n | | \n\n -1%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n5%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating income<\/td>\n | \n $194<\/b><\/p>\n<\/td>\n | | \n\n \n$194<\/p>\n<\/td>\n | | \n\n \n$187<\/p>\n<\/td>\n | | \n\n –<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n4%<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating margin<\/td>\n | \n 28.0%<\/b><\/p>\n<\/td>\n | | \n\n \n27.8%<\/p>\n<\/td>\n | | \n\n \n28.4%<\/p>\n<\/td>\n | | \n\n 27 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-36 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA*<\/td>\n | \n $228<\/b><\/p>\n<\/td>\n | | \n\n \n$242<\/p>\n<\/td>\n | | \n\n \n$215<\/p>\n<\/td>\n | | \n\n -6%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n6%<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA margin*<\/td>\n | \n 32.9%<\/b><\/p>\n<\/td>\n | | \n\n \n34.7%<\/p>\n<\/td>\n | | \n\n \n32.7%<\/p>\n<\/td>\n | | \n\n -175 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n26 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *These are non-GAAP financial measures. See reconciliation in the section “Supplementary Information” for details.<\/td>\n<\/tr>\n | \nn\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n\n\n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n(Stated in millions)<\/td>\n<\/tr>\n | \n | \nThree Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| Platforms & Applications<\/td>\n | \n $299<\/b><\/p>\n<\/td>\n | | \n\n \n$258<\/p>\n<\/td>\n | | \n\n \n$273<\/p>\n<\/td>\n | | \n\n 16%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n<\/tr>\n | \n| Digital Operations<\/td>\n | \n 163<\/b><\/p>\n<\/td>\n | | \n\n \n148<\/p>\n<\/td>\n | | \n\n \n131<\/p>\n<\/td>\n | | \n\n 10%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n24%<\/p>\n<\/td>\n<\/tr>\n | \n| Digital Exploration<\/td>\n | \n 78<\/b><\/p>\n<\/td>\n | | \n\n \n126<\/p>\n<\/td>\n | | \n\n \n80<\/p>\n<\/td>\n | | \n\n -38%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-2%<\/p>\n<\/td>\n<\/tr>\n | \n| Professional Services<\/td>\n | \n 153<\/b><\/p>\n<\/td>\n | | \n\n \n165<\/p>\n<\/td>\n | | \n\n \n174<\/p>\n<\/td>\n | | \n\n -8%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-12%<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $693<\/b><\/p>\n<\/td>\n | | \n\n \n$697<\/p>\n<\/td>\n | | \n\n \n$658<\/p>\n<\/td>\n | | \n\n -1%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n5%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| Digital revenue from ChampionX includes $35 million in the third quarter 2026, $34 million in the second quarter 2026 and $20 million in the third quarter 2025.<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n \nDigital revenue of $693 million decreased 1% sequentially, primarily reflecting lower Digital Exploration revenue following strong sales of exploration data licenses and transfer fees in Brazil and Indonesia in the prior quarter. This decline was largely offset by higher Platforms & Applications sales and continued growth in Digital Operations.<\/p>\n \nYear on year, revenue increased 5%, driven by continued growth in Digital Operations and higher Platforms & Applications sales, partially offset by lower revenue in Professional Services and Digital Exploration.<\/p>\n \nAnnualized Recurring Revenue (ARR) for the Digital division was $1.04 billion as of September 30, 2026, representing a 13% increase year on year, compared with $926 million as of September 30, 2025.<\/p>\n \nDigital pretax operating margin of 28% increased 27 basis points (bps) sequentially, primarily due to improved profitability in Platforms & Applications and Digital Operations, partially offset by lower profitability in Digital Exploration following reduced sales of exploration data licenses and transfer fees.<\/p>\n \nYear on year, pretax operating margin contracted 36 bps, reflecting lower sales of exploration data licenses and transfer fees, partially offset by increased profitability in Digital Operations and Platforms & Applications.<\/p>\n \nFor a description of the revenue categories comprising the Digital Division, please refer to Question 10 of the Supplementary Information. Revenue, pretax operating income and adjusted EBITDA for the Digital Division for the first nine months of 2026 and 2025 are provided in Question 11. For the definition of ARR, please refer to Question 12.<\/p>\n Reservoir Performance<\/b><\/p>\n\n\n | \n | \n | \n | \n | \n | \n | \n(Stated in millions)<\/td>\n<\/tr>\n | \n | \nThree Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30, 2026<\/b><\/td>\n | | \nJun. 30, 2026<\/td>\n | | \nSept. 30, 2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| International<\/td>\n | \n $1,472<\/b><\/p>\n<\/td>\n | | \n\n \n$1,409<\/p>\n<\/td>\n | | \n\n \n$1,536<\/p>\n<\/td>\n | | \n\n 4%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-4%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n 154<\/b><\/p>\n<\/td>\n | | \n\n \n147<\/p>\n<\/td>\n | | \n\n \n143<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n8%<\/p>\n<\/td>\n<\/tr>\n | \n| Other<\/td>\n | \n 8<\/b><\/p>\n<\/td>\n | | \n\n \n–<\/p>\n<\/td>\n | | \n\n \n3<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $1,634<\/b><\/p>\n<\/td>\n | | \n\n \n$1,556<\/p>\n<\/td>\n | | \n\n \n$1,682<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-3%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating income<\/td>\n | \n $266<\/b><\/p>\n<\/td>\n | | \n\n \n$232<\/p>\n<\/td>\n | | \n\n \n$312<\/p>\n<\/td>\n | | \n\n 15%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-15%<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating margin<\/td>\n | \n 16.3%<\/b><\/p>\n<\/td>\n | | \n\n \n14.9%<\/p>\n<\/td>\n | | \n\n \n18.5%<\/p>\n<\/td>\n | | \n\n 140 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-223 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA*<\/td>\n | \n $384<\/b><\/p>\n<\/td>\n | | \n\n \n$349<\/p>\n<\/td>\n | | \n\n \n$422<\/p>\n<\/td>\n | | \n\n 10%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-9%<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA margin*<\/td>\n | \n 23.5%<\/b><\/p>\n<\/td>\n | | \n\n \n22.4%<\/p>\n<\/td>\n | | \n\n \n25.1%<\/p>\n<\/td>\n | | \n\n 110 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-159 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *These are non-GAAP financial measures. See reconciliation in the section “Supplementary Information” for details.<\/td>\n<\/tr>\n | \n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n \nReservoir Performance revenue of $1.63 billion increased 5% sequentially, driven by higher intervention, evaluation and stimulation services, particularly in the Middle East. Growth in Europe & Africa was led by stronger offshore activity in Nigeria and Kazakhstan, while Latin America benefited from double-digit growth in Mexico, Guyana and Brazil, partially offset by lower unconventional activity in Argentina. North America increased on stronger U.S. land evaluation and intervention services.<\/p>\n \nYear on year, revenue decreased 3%, reflecting the lingering impact of Middle East conflict-related disruptions and lower unconventional activity in Argentina. These effects were partially offset by growth in North America and stronger offshore markets in Europe & Africa and Asia.<\/p>\n \nReservoir Performance pretax operating margin of 16% increased 140 bps sequentially, driven by improved profitability in the Middle East as operations recovered, particularly across evaluation, stimulation and intervention services. Higher offshore activity in Europe & Africa also contributed to margin expansion.<\/p>\n \nYear on year, pretax operating margin declined 223 bps, primarily due to lower profitability in the Middle East, where activity levels remained below those of the prior year despite the sequential recovery. This decline was partially offset by improved profitability in Europe & Africa, driven by stronger offshore activity.<\/p>\n Well Construction<\/b><\/p>\n\n\n| \n \n(Stated in millions)<\/p>\n<\/td>\n<\/tr>\n | \n | \nThree Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \n\n \nYear-on-year<\/p>\n<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| International<\/td>\n | \n $2,274<\/b><\/p>\n<\/td>\n | | \n\n \n$2,156<\/p>\n<\/td>\n | | \n\n \n$2,371<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-4%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n 579<\/b><\/p>\n<\/td>\n | | \n\n \n549<\/p>\n<\/td>\n | | \n\n \n527<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n<\/tr>\n | \n| Other<\/td>\n | \n 35<\/b><\/p>\n<\/td>\n | | \n\n \n37<\/p>\n<\/td>\n | | \n\n \n69<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $2,888<\/b><\/p>\n<\/td>\n | | \n\n \n$2,742<\/p>\n<\/td>\n | | \n\n \n$2,967<\/p>\n<\/td>\n | | \n\n 5%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-3%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating income<\/td>\n | \n $475<\/b><\/p>\n<\/td>\n | | \n\n \n$417<\/p>\n<\/td>\n | | \n\n \n$558<\/p>\n<\/td>\n | | \n\n 14%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-15%<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating margin<\/td>\n | \n 16.4%<\/b><\/p>\n<\/td>\n | | \n\n \n15.2%<\/p>\n<\/td>\n | | \n\n \n18.8%<\/p>\n<\/td>\n | | \n\n 122 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-239 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA*<\/td>\n | \n $632<\/b><\/p>\n<\/td>\n | | \n\n \n$578<\/p>\n<\/td>\n | | \n\n \n$728<\/p>\n<\/td>\n | | \n\n 9%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-13%<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA margin*<\/td>\n | \n 21.9%<\/b><\/p>\n<\/td>\n | | \n\n \n21.1%<\/p>\n<\/td>\n | | \n\n \n24.5%<\/p>\n<\/td>\n | | \n\n 80 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n-266 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *These are non-GAAP financial measures. See reconciliation in the section “Supplementary Information” for details.<\/td>\n<\/tr>\n | \n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n \nWell Construction revenue of $2.89 billion increased 5% sequentially, driven by higher drilling activity in the Middle East, led by strong drilling fluids sales and increased drilling measurements activity. In Latin America, revenue benefited from double-digit growth in Argentina, Guyana and Brazil, partially offset by lower activity in Mexico. North America increased on stronger U.S. land activity and the seasonal recovery in Canada, while Asia continued to benefit from robust offshore drilling activity.<\/p>\n \nYear on year, revenue decreased 3%, reflecting the lingering impact of Middle East conflict-related disruptions. This decline was partially offset by strong offshore drilling activity across Latin America, Europe & Africa and the Gulf of America.<\/p>\n \nWell Construction pretax operating margin of 16% increased 122 bps sequentially, driven primarily by improved profitability in the Middle East as operations recovered during the quarter.<\/p>\n \nYear on year, pretax operating margin declined 239 bps, reflecting lower profitability in the Middle East, where activity levels remained below the prior year despite the sequential recovery.<\/p>\n Production Systems<\/b><\/p>\n\n\n| \n \n(Stated in millions)<\/p>\n<\/td>\n<\/tr>\n | \n| As reported<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n | \n | \n | <\/tr>\n \n| International<\/td>\n | \n $2,642<\/b><\/p>\n<\/td>\n | | \n\n \n$2,478<\/p>\n<\/td>\n | | \n\n \n$2,440<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n8%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n 1,335<\/b><\/p>\n<\/td>\n | | \n\n \n1,259<\/p>\n<\/td>\n | | \n\n \n1,008<\/p>\n<\/td>\n | | \n\n 6%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n32%<\/p>\n<\/td>\n<\/tr>\n | \n| Other<\/td>\n | \n 23<\/b><\/p>\n<\/td>\n | | \n\n \n34<\/p>\n<\/td>\n | | \n\n \n26<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $4,000<\/b><\/p>\n<\/td>\n | | \n\n \n$3,771<\/p>\n<\/td>\n | | \n\n \n$3,474<\/p>\n<\/td>\n | | \n\n 6%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n15%<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating income<\/td>\n | \n $646<\/b><\/p>\n<\/td>\n | | \n\n \n$586<\/p>\n<\/td>\n | | \n\n \n$559<\/p>\n<\/td>\n | | \n\n 10%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n16%<\/p>\n<\/td>\n<\/tr>\n | \n| Pretax operating margin<\/td>\n | \n 16.1%<\/b><\/p>\n<\/td>\n | | \n\n \n15.5%<\/p>\n<\/td>\n | | \n\n \n16.1%<\/p>\n<\/td>\n | | \n\n 60 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n6 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA*<\/td>\n | \n $800<\/b><\/p>\n<\/td>\n | | \n\n \n$738<\/p>\n<\/td>\n | | \n\n \n$690<\/p>\n<\/td>\n | | \n\n 8%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n16%<\/p>\n<\/td>\n<\/tr>\n | \n| Adjusted EBITDA margin*<\/td>\n | \n 20.0%<\/b><\/p>\n<\/td>\n | | \n\n \n19.6%<\/p>\n<\/td>\n | | \n\n \n19.9%<\/p>\n<\/td>\n | | \n\n 42 bps<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n14 bps<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n | \n | \n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| *These are non-GAAP financial measures. See reconciliation in the section “Supplementary Information” for details.<\/td>\n<\/tr>\n | \n| n\/m = not meaningful<\/td>\n<\/tr>\n<\/table>\n \nProduction Systems revenue of $4.00 billion increased 6% sequentially, driven by higher sales of completions, production chemicals and artificial lift in the Middle East, as well as stronger SLB OneSubsea revenue in Scandinavia and Angola. Additional growth came from increased SLB OneSubsea projects in Latin America and Asia, along with stronger U.S. land sales of artificial lift and production chemicals.<\/p>\n \nYear on year, revenue increased 15%, primarily reflecting the contribution of ChampionX production chemicals and artificial lift businesses. These businesses contributed $950 million of revenue in the third quarter of 2026, compared with $575 million in the third quarter of 2025, when results reflected only two months of ChampionX operations.<\/p>\n \nExcluding the impact of the acquisition, Production Systems revenue increased 5% year on year, driven by strong growth in SLB OneSubsea, valves and completions. This performance underscores the resilience of international and offshore markets despite the disruptions associated with the Middle East conflict.<\/p>\n \nProduction Systems pretax operating margin was 16%, expanding 60 bps sequentially. Margin expansion was driven by improved profitability in SLB OneSubsea, artificial lift, completions and production chemicals, supported by the recovery in Middle East operations. Stronger offshore activity across Europe & Africa, Latin America and Asia also contributed to the improvement. In addition, margins benefited from the accretive contribution of ChampionX’s production chemicals and artificial lift businesses. Notably, ChampionX delivered sequential pretax operating margin expansion for the fourth consecutive quarter.<\/p>\n \nYear on year, pretax operating margin was essentially flat. Lower profitability in the Middle East was offset by improved profitability in Europe & Africa, Latin America and Asia, driven by higher SLB OneSubsea offshore activity. Profitability in North America also improved, reflecting the strong performance of ChampionX’s production chemicals and artificial lift businesses.<\/p>\n \nThe following table and commentary are presented on a pro forma basis assuming that ChampionX was acquired on January 1, 2025.<\/p>\n \n\n| \n \n(Stated in millions)<\/p>\n<\/td>\n<\/tr>\n | \n| Pro forma<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | | \nChange<\/b><\/td>\n<\/tr>\n\n | \nSept. 30,
2026<\/b><\/td>\n | | \nJun. 30,
2026<\/td>\n | | \nSept. 30,
2025<\/td>\n | | \nSequential<\/b><\/td>\n | | \nYear-on-year<\/td>\n<\/tr>\n | \n| Revenue<\/td>\n | | \n | \n | \n | \n | \n | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n | \n| International<\/td>\n | \n $2,642<\/b><\/p>\n<\/td>\n | | \n\n \n$2,478<\/p>\n<\/td>\n | | \n\n \n$2,527<\/p>\n<\/td>\n | | \n\n 7%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n5%<\/p>\n<\/td>\n<\/tr>\n | \n| North America<\/td>\n | \n 1,335<\/b><\/p>\n<\/td>\n | | \n\n \n1,259<\/p>\n<\/td>\n | | \n\n \n1,211<\/p>\n<\/td>\n | | \n\n 6%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n10%<\/p>\n<\/td>\n<\/tr>\n | \n| Other<\/td>\n | \n 23<\/b><\/p>\n<\/td>\n | | \n\n \n34<\/p>\n<\/td>\n | | \n\n \n36<\/p>\n<\/td>\n | | \n\n n\/m<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \nn\/m<\/p>\n<\/td>\n<\/tr>\n | \n | \n\n $4,000<\/b><\/p>\n<\/td>\n | | \n\n \n$3,771<\/p>\n<\/td>\n | | \n\n \n$3,774<\/p>\n<\/td>\n | | \n\n 6%<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n6%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nProduction Systems revenue of $4.00 billion increased 6% year on year. Revenue increase across Latin America, Europe & Africa, Asia and North America largely compensated for lower revenue in the Middle East.<\/p>\n All Other<\/b><\/p>\n \nAll Other is comprised of APS, Data Center Solutions and SLB Capturi.<\/p>\n \nRevenue increased 8% sequentially, driven by strong growth in Data Center Solutions, where revenue increased 23%. Higher APS revenue also contributed to growth, partially offset by lower revenue in SLB Capturi.<\/p>\n \nYear on year, revenue increased 37%, primarily reflecting a 76% increase in Data Center Solutions revenue. Growth was further supported by higher APS revenue, as the prior-year period was affected by pipeline-related disruptions. These gains were partially offset by lower revenue in SLB Capturi following the completion of project milestones.<\/p>\n \nPretax operating income decreased sequentially as ramp-up costs associated with new Data Center Solutions projects impacted profitability.<\/p>\n \nYear on year, pretax operating income increased driven by higher Data Center Solutions activity and improved profitability in APS projects.<\/p>\n Quarterly Highlights<\/b><\/p>\n Core<\/b><\/p>\n Contract Awards<\/b><\/p>\n \nSLB continues to win new contract awards that align with SLB\u2019s strengths in the Core. Notable highlights include the following:<\/p>\n \n- \nSLB has been awarded four integrated well construction contracts by Aramco to support oil and gas development across the Kingdom of Saudi Arabia. Under the contracts, SLB will manage end-to-end well construction services, delivering more than 450 wells in the three-year term, with an optional extension of up to two years. SLB’s integrated well construction model brings together every aspect of well delivery through a technology-enabled operating model. It combines digital drilling workflows with automated drilling, evaluation, fluids, cementing and completions products and services to improve efficiency, consistency and well performance across diverse, large-scale drilling programs.<\/p>\n<\/li>\n<\/ul>\n
\n- \nThe SLB OneSubsea joint venture has been awarded a contract by ExxonMobil Mo\u00e7ambique, Limitada, on behalf of its Area 4 partners, (ENH, CNPC, Eni, KOGAS and XRG), to deliver subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique. The contract scope includes the delivery of subsea trees, manifolds, umbilicals and associated control systems designed to support efficient production from the deepwater field. SLB OneSubsea will provide engineering, procurement and manufacturing, along with installation services, leveraging its experience in delivering subsea systems for complex deepwater developments worldwide.<\/p>\n<\/li>\n<\/ul>\n
\n- \nSLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain. The agreement secures dedicated capacity to support development of tight offshore reservoirs and helps maximize recovery from future wells.<\/p>\n<\/li>\n<\/ul>\n
\n- \nSLB has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration from shut-in wells across multiple offshore fields. The contract scope spans subsurface evaluation, well candidate selection, engineering and offshore execution. Project management, intervention services, monitoring, metering and marine logistics are integrated within a single coordinated execution model designed to support efficient production restoration.<\/p>\n<\/li>\n<\/ul>\n
\n- \nIn Oman, Petroleum Development Oman awarded SLB a 5-year contract for the provision of integrated fracturing services onshore Block-6 in both oil and gas fields. The scope includes the deployment of advanced stimulation, well intervention, fracturing automation and digital solutions capabilities that will enhance productivity, improve reservoir contact and maximize asset performance.<\/p>\n<\/li>\n<\/ul>\n
\n- \nIn Kuwait, Kuwait Oil Company (KOC) awarded SLB a five-year reservoir characterization technology contract for specialized services for unconventional reservoirs. The contract deploys SLB\u2019s Ora\u2122 deep transient testing, OnWave\u2122 autonomous logging platform and Reveal\u2122 surveillance solutions, together with different subsurface, conveyance and digital technologies, to support advanced formation evaluation across different reservoirs in Kuwait.<\/p>\n<\/li>\n<\/ul>\n
\n- \nIn Pakistan, Oil & Gas Development Company (OGDC) awarded SLB a three-year contract for electric submersible pump (ESP) and electric submersible progressing cavity pump (ESPCP) technologies, marking the third consecutive ESP award from OGDC. Through its existing ESP program with SLB, OGDC has delivered approximately 11,000 barrels per day of incremental oil production and 5.3 million barrels cumulatively. The new contract expands deployments across OGDC concessions, supported by SLB\u2019s Avalon\u2122 real-time surveillance to optimize performance and reliability.<\/p>\n<\/li>\n<\/ul>\n
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![\"The](\"https:\/\/mms.businesswire.com\/media\/20261021694458\/en\/2942976\/4\/SLB_Signage_-_San_Filipe-2663.jpg\")
<\/p>\n