1 December 2003
Breaking the mould
Schlumberger plans to direct its efforts at maximising recovery from mature fields, with business shifting increasingly to areas such as the Middle East. Technology will make the difference between success and failure. Tom Nicholls talks to Chakib Sbiti, head of the group’s oilfield services division
FOR ANYONE seeking insights into the role technology plays in the upstream business, a visit to Schlumberger's engineering and product-development centre in Clamart, near Paris, is an enlightening experience. One of 19 such research and engineering centres worldwide, Clamart is a test bed for machinery capable of taking the subtlest of measurements and executing precision manoeuvres in the most inhospitable of environments. Our strategy, explains Chakib Sbiti, executive vice-president of Schlumberger Oilfield Services, is to come up with proprietary, differentiating technology that will bring returns to our clients. A minimum goal is that any segment, at any one time, must be in the process
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks