September 8, 2020 Barclays CEO Energy - Power Conference Olivier Le Peuch, CEO
Safe Harbor This presentation contains forward-looking statements within the meaning of customers and suppliers, particularly during extended periods of low prices for the federal securities laws that is, any statements that are not…
Innovate Out of this Cycle Capital Discipline Performance Digital Efficiency Imperative Decarbonization Mandate
Our Performance Strategy Fit for the new normal and built for resilience Access Technology Customer Performance Modernize Operating Model Technology Platform Foundation
Basin-Focused Growth Platform Offshore Global Oil & Gas Supply Russia and 15 15 Central Asia Oil Supply Gas Supply MMboe/d Tcf 15 14 140 180 2015 2020 2025 2015 2020 2025 120 160 Middle East North America 13 & North…
Returns-Focused Targets: Our Ambition Remains Intact Return on invested capital to exceed cost of capital Capital Portfolio high-grading and less capital intensive growth Stewardship Margin restored and operational leverage improved…
Capital and Resource Efficiency Company Capital Digital Digital Restructuring Stewardship Operations Asset Performance -1.5B -1.2B -25% -30% Permanent Structural Capital Spend Field Compensation Equipment OPEX Cost Reduction…
Our Strategy in Action Combining SLBs North America land pressure pumping business with Liberty Oilfield Services, creating the premier pureplay hydraulic fracturing company SLB contributes OneStim business to Liberty in exchange for…
Fit-for-Basin Basin Innovation NeoSteer, USA Equipping every basin for resilience, capital discipline, resource efficiency, and improved returns Local Manufacturing 75 fit-for-basin technologies under development SPARK, Saudi…
Digital Platform for the Industry 2017 TODAY Digital Environment Hybrid-Cloud Comprehensive and Enabling all The journey to enable and scalable digital solutions customers everywhere accelerate industry digital transformation at…
Leverage Data, Our Digital Lead Ora* Intelligent Wireline Formation Testing Platform Deriving value through digital technology enablement Leverage Automation, Capturing additional value from our equipment Sensia & Agora*…
Closing Remarks The Schlumberger of tomorrow is here The new normal requires a different approach for a different market We will innovate and adapt to improve performance Our technology and digital platform will support…