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Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [ 3 ] [ 4 ] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
ENSP is a subsidiary of Sonatrach, the Algerian national oil company. It was established in 1981 during the restructuring of Sonatrach following a decision by the government . [ 1 ] In 2006, the subsidiary was 51% owned by Sonatrach.
Location of Algeria. Algeria is a sovereign state in North Africa on the Mediterranean coast. Algeria is classified as an upper middle income country by the World Bank. [1] Algeria's currency is the dinar (DZD). The economy remains dominated by the state, a legacy of the country's socialist post-independence development model.
Oil-field services giant Schlumberger kicked off the fourth-quarter reporting season for its all-important sector on Friday. The company's per-share results were a touch better than the most ...
SLB: 090: ISO 3166-2:SB.sb Somalia: the Federal Republic of Somalia: UN member SO: SOM: 706: ISO 3166-2:SO.so South Africa: the Republic of South Africa: UN member ZA: ZAF: 710: ISO 3166-2:ZA.za South Georgia and the South Sandwich Islands: South Georgia and the South Sandwich Islands: United Kingdom: GS: SGS: 239: ISO 3166-2:GS.gs South Korea ...
Sonatrach offices in Oran. Sonatrach was founded on December 31, 1963. At the time, however, the Algerian state held only 4.5% of the exploration perimeters, while French interests were as high as 67.5%.
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7]
Today, oil revenue accounts for about 20% of Algeria’s gross domestic product and about 85% of the country’s total exports. [25] Algeria still owns SONATRACH which is Africa's largest gas producer [26] and the bulk of Algerian oil still comes from the Hassi Messaoud and the Edjele oil fields which were the two major oil fields in 1956 [27]