Tuesday, February 24, 2015

Schlumberger Ltd: Servicing the Oilfield Industry

Imagine more than 120,000 people coming from 140 nationalities, working in 85 countries under one brand name and you will have a bit of an idea of the operations of Schlumberger Ltd. These highly skilled individuals come together as a team to apply their knowledge and technical innovation in making a difference in the industry of oilfield services and equipment.

Schlumberger Limited is now listed as one of the world’s largest oilfield services companies. Headquartered in Houston, Texas, the company also maintains offices in the Hague, Paris, and in London. Supporting the global operations in the oil and gas industry, the company provides information solutions, integrated project management and technology that is deployed in various phases of the oil and gas exploration and exploitation. With more than 80 years of experience in the industry, the business has earned the trust of their business partners to provide the highest level of support that empowers their customers to out-deliver and outperform their competitions.

Other than the services they provide, Schlumberger is best known for their real-time technology that allows its users to gather a huge amount of data and then analyze it to create a knowledge base. This knowledge is something that they use to improve their decision making skills. Through this approach, their partners are able to enhance their productivity and efficiency.

As a business that thrives on the oil and gas industry, Schlumberger is one of those companies, who have taken extra precautionary measures in their dealings. To ensure that they leave little to no footprints in the community they thrive in, the company has invested in several technological advancements that lessen their contributions to pollution. The business has invested in carbon sequestration to mitigate their contributions to global warming.

Listed as a component of the Russell 3000 Index, the company continues to trade publicly on the New York Stock Exchange.

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