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Does schlumberger own drilling rigs

List of 27 Acquisitions by Schlumberger (Jul 2025)

Schlumberger ''s most recent acquisition - ChampionX is a Provider of drilling and automation services, founded in 1982. Schlumberger acquired a

Offshore Drilling Packages | SLB

Cameron offshore drilling packages combine our best-in-class equipment and comprehensive services, with a focus on improving rig efficiency, safety, and

Schlumberger sheds 14 more rigs with Saxon deal | Reuters

Dec 5 (Reuters) - Schlumberger is selling its rig management business to a Canadian company that it part owns, as the world''s largest oilfield services company sharpens its focus on

Our Global Presence

Recruiting locally is a cornerstone of our culture, both for the benefit of the community involved and the initiative at hand. By hiring where we work, each project becomes a combination of

Schlumberger

Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company (French: Société de prospection électrique) by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift, well

Does Schlumberger own oil rigs? – Profound-tips

Does Schlumberger own oil rigs? Schlumberger doesn''t actually own any oil or gas fields itself, meaning it was not on the Guardian''s divestment list of 200 companies as part of

The Defining Series: Overview of Drilling Operations

The most recognizable icon of the oil and gas industry is a derrick towering high over the wellsite. The drilling rig represents the culmination of an intensive

Schlumberger to Sell its Middle East Drilling Business

The drilling subsidiary of Saudi Arabia''s Industrialization and Energy Services Company (TAQA) has agreed to acquire Schlumberger''s

Lump-sum turnkey contracts align cost, risk on

How does this change the role of the drilling contractor on their own rigs? Most of the time, we contract drilling rigs where we provide the

Transocean

The Enterprise class drillship is the largest of the drilling ships. [9] In 1999, Transocean merged with Sedco Forex, the offshore drilling subsidiary of Schlumberger in a $3.2 billion stock

ADNOC Drilling Takes 70% Stake in SLB''s Land

We recently signed an agreement with ADNOC Drilling, through which ADNOC Drilling will acquire a 70% stake in SLB''s land drilling rigs

ADC Acquires Schlumberger Drilling Rigs Business

Ministry of Energy, Industry and Mineral Resources for Corporate Affairs and TAQA chairman Dr. Abid al-Saadoun said the deal would make the

Schlumberger to Sell its Middle East Drilling Business to Saudi

The drilling subsidiary of Saudi Arabia''s Industrialization and Energy Services Company (TAQA) has agreed to acquire Schlumberger''s Middle East onshore drilling

Drill Barge – Subsea Oil and Gas Directory

What is a Drill Barge? A drill barge is simple a barge equipped for oil and gas drilling, but compared to a drillship it does not have its own propulsion system and must hence be towed

Schlumberger Finishes Off Saxon In Estimated $670

The transaction is no surprise, as both Schlumberger and Halliburton (NYSE: HAL) view owning rigs as part of their integrated strategy.

Schlumberger Finishes Off Saxon In Estimated $670

Schlumberger announced March 13 it was purchasing the Calgary-based provider of international land drilling services from First Reserve and

Adnoc Drilling signs deal with oilfield services

Adnoc Drilling, the Middle East''s largest drilling company, has signed a joint venture agreement with global oilfield services company SLB for

Schlumberger: Rigs Of The Future (NYSE:SLB)

Schlumberger is expanding its presence in the land drilling segment. The proprietary rig design may take the integration strategy to a new level. Are

Saudi Arabia''s TAQA drilling subsidiary agrees to

Officials of the TAQA and the Arabian Drilling Company at the signing of Taqa''s acquisition of Schlumberger''s Middle East onshore drilling

Drill Barge – Subsea Oil and Gas Directory

What is a Drill Barge? A drill barge is simple a barge equipped for oil and gas drilling, but compared to a drillship it does not have its own propulsion system

Schlumberger to design onshore drilling rig | Upstream

Schlumberger is working to design its own proprietary onshore drilling rig aimed at the global market after rapidly increasing its investments in the business following the

Schlumberger

Schlumberger (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, [2] is a global multinational oilfield services company. [3][4] Founded in France in 1926, [5]

ADNOC Drilling partners with SLB in Kuwait and

ADNOC Drilling Company has announced that it has signed an agreement to acquire a 70% stake in SLB''s land drilling rigs business in

Rig Count Overview & Summary Count | Baker Hughes Rig Count

The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services

ADNOC Drilling Agreed To Acquire 70% Stake In SLB''s Land Drilling Rigs

UAE's ADNOC Drilling has announced signing an agreement to acquire a 70% stake in Schlumberger's (SLB) land drilling rigs business in Kuwait and Oman, a bourse filing

ADNOC Drilling partners with SLB in their Kuwait and

ADNOC Drilling Company announced today that it has signed an agreement to acquire a 70% stake in SLB''s land drilling rigs business in Kuwait and Oman.

Schlumberger Rig of the Future aims to optimize,

Home / 2017 / Schlumberger Rig of the Future aims to optimize, integrate drilling subsystems to provide open and scalable well construction

TAQA to acquire Schlumberger''s onshore drilling rigs in Middle East

Arabian Drilling Company (ADC), the drilling subsidiary of Saudi Arabia''s Industrialization and Energy Services Company (TAQA), is set to acquire Schlumberger''s Middle East onshore

Does schlumberger own drilling rigs [PDF]

6 FAQs about [Does schlumberger own drilling rigs]

Who owns Schlumberger rigs in the Middle East?

Omran Haidar Asharq Al-Awsat Arabic. Saudi Arabia’s Industrialization and Energy Services Company (TAQA) announced Sunday that its drilling subsidiary - Arabian Drilling Company (ADC) - has agreed to acquire Schlumberger’s Middle East onshore drilling rigs business in Kuwait, Oman, Iraq, and Pakistan for USD415 million (SAR 1.56 billion).

What services does Schlumberger offer?

In addition, specialized services are available for deepwater and high-efficiency land operations. Schlumberger offers surface equipment, such as drilling rigs, managed pressure drilling (MPD) systems and services, and wellhead systems.

When did Schlumberger become a company?

In 1956, Schlumberger Limited was incorporated as a holding company for all Schlumberger Limited businesses, which by now included American testing and production company Johnston Testers. [citation needed] Over the years, Schlumberger continued to expand its operations and acquisitions.

What equipment does Schlumberger offer?

From cellar deck equipment to derricks, masts, and hoisting equipment as well as everything in between, Schlumberger provides a comprehensive suite of equipment for your rig, whether land or offshore.

How many acquisitions has Schlumberger made?

Schlumberger has made a total of 7 acquisitions. Schlumberger has acquired companies in 6 countries, including United States (11), United Kingdom (3), and Norway (2), and across 12 sectors, such as Oil & Gas Tech (6), Smart Cities (1), and Smart Grid (1). The peak years for acquisitions were 2015 with 3, 2024 with 2, and 2017 with 2.

Did Schlumberger acquire a 100% stake?

Schlumberger acquired a 100% stake in it in April 2024 for a price of $7.8B. Here is the list of all acquisitions by Schlumberger sorted by the latest acquisition date: Want to see the entire list? Media has covered Schlumberger for a total of 240 events in the last 1 year, 47 of them have been about acquisition activity.

Mining Drilling Rigs Inc.