Decarbonizing operations

Helping our customers reduce their environmental footprint

Photo of men in blue coveralls working on rig site - rig in background

SLB has been recognized as a sustainability leader at the 2022 SEAL Business Sustainability Awards, which honor leadership, innovation and commitment to sustainable business practices.

In addition to decarbonizing our operations and investing in new energy technology ventures, a key part of our strategy to advance sustainability within our industry is developing technologies and services that help our customers reduce their environmental footprint across the exploration and production (E&P) life cycle.

Transition Technologies portfolio

In 2021, we announced our comprehensive 2050 net-zero commitment, inclusive of scope 3 emissions—a first for the energy services sector. We also announced the launch of our Transition Technologiesཧ portfolio to address sustainability challenges and opportunities across the oil and gas industry value chain.

The portfolio comprises a select group of products and services that quantifiably reduce our customers’ greenhouse gas emissions while continuing to drive high performance, reliability, and efficiency. Supported by an industry-leading impact quantification framework, the portfolio is set to grow as we embed sustainability further into our R&D processes. It currently addresses five key themes— reduce or eliminate flaring, minimize well construction CO2 footprint, address methane emissions, full field development solutions, and electrification of infrastructure.

Measure, monitor, report, and eliminate methane and flaring emissions

SLB End-to-end Emissions Solutions🃏 (SEES) leverages an extensive selection of services and cutting-edge technologies to provide customers with robust and scalable solutions for measuring, monitoring, reporting, and ultimately eliminating methane and flaring emissions from their operations—quickly and effectively. The broad range of measurement technologies constitutes the most comprehensive and flexible emissions reduction offering in the market today.

Decreasing emissions in well construction

Drilling Emissions Management is an end-to-end service which aims to help our customers and the wider industry significantly reduce greenhouse gas emissions during well construction activities. Leveraging our footprint, domain expertise and innovative technology solutions, this integrated service enables operators to forecast, measure and implement downhole and surface solutions both in the planning phase and during operations to reduce emissions in well construction.

Life cycle sustainability calculator

A key element of our net-zero goal and overall climate ambition is reducing our customers’ greenhouse gas footprint throughout the life cycle of our products and services. To this end, we've developed a life cycle sustainability calculator that quantifies the environmental impact of our portfolio—both current and under development. The goal is to use this understanding to reduce greenhouse gas emissions enabled by our activities.

Supplier disclosures

Supplier disclosure is a first step in understanding our suppliers’ maturity on our journey to net zero, managing the environmental footprint of our supply chain, and encouraging suppliers on their own journey toward a low-carbon economy. We are working with our suppliers to reduce greenhouse gas emissions via a third-party disclosure process. In 2021, our efforts earned us an A– rating for supplier engagement from , the not-for-profit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.