The Iraquian Oil Ministry announced that Schlumberger has been chosen to drill 40 oil wells in the Majnoon oilfield. This deal was signed in light of the efforts that the Iraqi government is taking to boost the production and output of oil from the... — read more 

In business

Heard rumors that SLB will start layoffs, similar to 2015 levels, once Brent oil price drops below $55. It will start with US Land followed by everywhere else. No impact to people who are Grade 14 or above.

Get rid of then before it is too late. Why we still have 200k salaries.

Motivational picture for Our Crown prince MBS & Our Big boos Paal Kibsgaard someday I will be with the Giants in the first row. Work hard Raise your ambitions and do not recognize the impossible :)

Why does SLB continue to target Legacy Smith personnel for layoffs. I've heard more layoffs coming at our Badentoy shop. Can anyone confirm?

In these uncertain times, SLB does not look anymore like it's "Too Big 2 Fail" ! where's the next stop for stock price ? 36 us$ ? 30 us$ or will SLB turn into a penny stock like WFT ? "Management by fear" seems to have reached a dead-end. There's... — read more 

Stock Below $40 whoops something is going wrong, why does the market value big Blue so low and why in a constant decline, yes I expect the oil price to have a bearing but the oil price has been lower than it is at present and the stock was a lot... — read more 

What if all the company's that SLB bought were left alone to operate profitably like they were, and use all the money spent on moves and transformation, spend it on new machines and technology. How great would it have been, and what would the stock... — read more 

You turned against employees and now turning against investors. Where this bleeding of shares stops!

Anybody else worried that we'll be hearing about more layoffs really soon due to dropping oil price? Schlumberger has proven again and again that the only way it knows how to deal with a crisis is through layoffs. No actual solutions, just band-aid... — read more 

Oil price was above $84 - just 9 weeks ago and is now trading just above $61. 27% drop in just 9 weeks is very scary for workers in Schlumberger. Wish management would share their plans with the workforce. During Andrew Gould days, People were one of... — read more 

https://www.rigzone.com/news/schlumbergers_yearend_frack_forecast_is_a_lump_of_coal-4-dec-2018-157639-article/?utm_campaign=WEEKLY_2018_12_07&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F1

When I first started working for SLB wireline, I was impressed by the culture. It was the customer first, then the engineer who was engaged with customer, with everyone else second, including management; everyone not engaged with the customer is just... — read more 

Slb pays recruiters and funds caravan to replace you. Maybe help boost your incompetent managers. Here comes the slaughter.

Sounds fricking crazy but anything is possible these days with the lunatics in executive management If the market finds out about this the stock can only go lower. As a committed Christian I will not be participating in some airy fairy new age... — read more 

Get down deeper and down Down down deeper and down Down down deeper and down Get down deeper and down I want all the world to see To see you're laughing And you're laughing at me I can take it all from you Again again again again again again again... — read more 

Nothing to do with Transformation. It is all market forces. In last 12 months, Schlumberger share price has fallen 29% and Haliburton has fallen 27.5%. When share price goes low - it is market forces. When share price goes high - it is CEO hard at... — read more 

It’s a sick dysfunctional culture that is ultimately self destructive

Do we have any exposure to renewables?

It’s just allot of complete and utter nonsense! Seriously, ya’ll need to sort your sh-- out.

Don't worry about payback. SLB's business model is mortal... It will collapse for sure. The question is only when. Bigger and better managed companies with solid visions and sound financials fail all the time for various reasons. So, slb has... — read more 

What is happening? We have transformed from 1.0 to 4.0. We have Delfi, Agora, Apollo. We have lifted and shift. We try everything and yet our stock is going to the floor... what is wrong?

Help...I work in the industry....anyone getting laid off? Anyone in the industry busy right now? Where is this companies leaders reassuring staff, employees? Has anyone heard anything from Schlumberger???

I was just wondering if anyone else is watching the oil price lately. I have been nervously watching it and frankly I'm trying to stop. Anyway so many of us were let go back in 2015/16. At least then I had some cushion saved up but now that's mostly... — read more 

Hard to say the transformation is a joke.. the actual transformation pretty much works as it was intended.... put everyone in silos and stop ‘multitasking’ while reducing management headcount and expenditure in PSD / TLM while adding non revenue... — read more 

Hard to say the transformation is a joke.. the actual transformation pretty much works as it was intended.... put everyone in silos and stop ‘multitasking’ while reducing management headcount and expenditure in PSD / TLM while adding non revenue... — read more 

Idle workforce everywhere, don't let size of slb catches up with you. Remember, size isn't strength, size is the weakness we all know it.

The AA 12 Step Program for OFS: 1.Transfer in a new VP, Director, or President - seek someone without any real knowledge about the business/industry - try to pick one who failed everything else so far but "knows people" 2.Pay this guy a lot of bonus... — read more 

Shearwater announced that it has completed the acquisition of the marine seismic assets an operations from WesternGeco. “We are now an industry-leading full-range geophysical services company with a solid financial and strategic platform. We are... — read more 

Transformation is a joke. Business model looks like a bobble head waiting to fall on its face. Can't understand why we are cutting from the bottom. New contracted employees who haven't even had a chance to prove their worth are being laid off... — read more 

Who needs to get it in 2019?

With the recent stock price, anybody has a better idea on how to regain trust from wallstreet? Is layoff the only way? The rumors has been crystal clear in the last few weeks and that is not in one GM only

There will be no engage to excel survey in 2018. They will run again in March though

YTD, Schlumberger (the best run company in the world) has lost 33% of its market value which is better than Halliburton that lost 36%. Thanks to the Transformation initiative, we haven't lost as dramatically as Halliburton. Meanwhile, Paal will be... — read more 

Oh dear...when will the Presidents ever learn? Too many supervisors, managers and hapless engineers, prices way too high and a declining market here in The States. Hang on for the ride y'all!

Far too many 'supervisors who mere!y fill in reams of forms and contribute no manual value', too many exponents of Woo (lean6,E2E, HSE, 6 Sigma, Champions of God knows what etc., etc.), legions of frighteningly overpaid and underused management who... — read more