SLB (SLB) news

St. James's Place: RBC cuts target price to 1400p from 1500p

RBC has revised its target price for St. James's Place (STJL) to 1400p from 1500p, reflecting a 6.7% reduction in its valuation outlook for the asset management firm. The adjustment follows a reassessment of market conditions and the firm’s performance trajectory. While the firm remains a key…

Venezuela looking to sign 105 oil contracts by end of year, head of PDVSA says

Venezuela's state-owned oil company, Petróleos de Venezuela, S.A. (PDVSA), aims to sign 105 oil contracts by the end of 2026, according to PDVSA Executive Vice President Jovanny Martínez, who spoke at the Venezuela Energy Week Houston Showcase on August 19, 2026. This initiative marks a significant…

SLB awarded digital drilling contract by TotalEnergies

SLB: Chevron technical center has joined the long-term digital subsurface collaboration established by SLB and TotalEnergies in 2024

Chevron’s technical center has joined the long-term digital subsurface collaboration between SLB and TotalEnergies, which was established in 2024. This partnership aims to leverage digital technologies to enhance subsurface understanding and optimize exploration and production activities. By…

Saudi Arabia refineries - Contract value SAR 7.9 mln

Saudi Arabia has secured a new contract for its refineries with a value of SAR 7.9 million, marking another development in the country's ongoing efforts to expand and modernize its energy infrastructure. The contract, though relatively modest in scale compared to recent multi-billion-dollar…