SLB

SLB operates a corporate venture programme investing in energy and industrial technology startups. The investment activity sits alongside a core business founded in 1926 by Conrad and Marcel Schlumberger: a global technology company serving the energy industry with integrated chemical, mechanical, and digital solutions across the energy lifecycle. Fund size, check size and portfolio composition are not disclosed in the material available here.

The parent company's technical scope defines the areas in which its venture activity is positioned: reservoir characterization, drilling and production engineering, processing technology, geophysics and subsurface measurement, chemical solutions, and digital technology solutions. Its stated market verticals extend beyond oil and gas and petroleum exploration to geothermal energy, carbon capture and storage, methane and flaring elimination, and emissions reduction - categories that map to the energy transition themes most corporate venture units in the sector now track.

SLB's operating footprint spans more than 100 countries, which is the principal structural difference between its venture arm and a standalone fund: portfolio companies gain access to a distribution and field-testing platform of that scale. The founding premise of the business - that scientific measurement could reveal subsurface conditions - remains the stated origin of its engineering and innovation culture, alongside a stated purpose of creating technology that unlocks access to energy.