Schlumberger announces name change

EXCLUSIVE Schlumberger adjusts operations planning as U.S. COVID-19 cases  soar | Reuters


Whether it means changes in the company signs in Oklahoma City and other locations across the state, but Schlumberger is no longer Schlumberger.

The Houston-and Paris-based company announced Monday it changed its name to SLB and also rebranded itself as a technology firm going after more clean-energy space work.

Schlumberger Becomes SLB, a Technology Company Driving the Future of Energy  | Business Wire

The new name of the world’s biggest oilfield services provider, same as the firm’s stock ticker symbol, took effect Monday reported Bloomberg.


“We couldn’t have done it at a better time at a critical juncture in our industry,” Chief Executive Officer Olivier Le Peuch said in a Bloomberg Television interview. “Digital is the future of this industry.”

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It raises the question of whether all its oil patch employees wearing those blue-uniforms with the name “Schlumberger” on their back will have to be changed to “SLB.”

Read more at Bloomberg