-

Schlumberger Awarded Extensive Service Contract for Tilenga Onshore Oil Development in Uganda by TotalEnergies

HOUSTON--(BUSINESS WIRE)--Regulatory News:

Schlumberger announced today that it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda.

The scope of the contract includes the provision of directional drilling services, upper completions, lower completions, artificial lift solutions, and wellheads for the Tilenga development, which comprises six fields with up to 426 wells, which will be developed across 31 wellpads.

“The Tilenga project is strategically significant to accelerated economic growth in Uganda. Schlumberger has committed to a comprehensive national content development plan, supporting TotalEnergies with environmental, social, and governance (ESG) initiatives and in-country value creation. This will be achieved through local capacity building, localization of supply chain, education development, HSE stewardship, and digital enablement,” said Wallace Pescarini, president, Offshore Atlantic, Schlumberger.

Drilling activities are expected to begin in Q4 2022.

About Schlumberger

Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.

Find out more at www.slb.com.

Contacts

Media
Giles Powell – Director of Corporate Communication, Schlumberger Limited
Tel: +1 (713) 375-3494
communication@slb.com

Investors
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Tel: +1 (713) 375-3535
investor-relations@slb.com

Schlumberger

NYSE:SLB
Details
Headquarters: Paris, Houston, London, and The Hague, ..
Website: www.slb.com
CEO: Olivier Le Peuch
Employees: 96,000
Organization: PUB
Revenues: 36.29 Billion (2024)
Net Income: 4.46 Billion (2024)


Contacts

Media
Giles Powell – Director of Corporate Communication, Schlumberger Limited
Tel: +1 (713) 375-3494
communication@slb.com

Investors
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Tel: +1 (713) 375-3535
investor-relations@slb.com

More News From Schlumberger

SLB and Vår Energi Expand Digital Collaboration to Scale Well and Integrated Field Development Planning

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making a...

SLB Announces Date for Second-Quarter 2026 Results Conference Call

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on July 24, 2026, to discuss the results for the second quarter ending June 30, 2026. The conference call is scheduled to begin at 9:30 a.m. U.S. Eastern time and a press release regarding the results will be issued at 7:00 a.m. U.S. Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 715-9871 within North America or +1 (646) 307-1963 outside of North America approxim...

SLB Announces First-Quarter 2026 Results

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the first-quarter 2026. First-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Mar. 31, 2026   Dec. 31, 2025   Mar. 31, 2025   Sequential   Year-on-year Revenue $8,721 $9,745 $8,490 -11%   3% Income before taxes - GAAP basis $956 $943 $1,063 1%   -10% Income before taxes margin - GAAP basis 11.0% 9.7% 12.5% 129 bps   -156 bps Net income attributable to SLB - GAAP basis $752 $824 $797 -9...
Back to Newsroom