Schlumberger Expands Global AI Innovation Network with Opening of Artificial Intelligence Center in Europe

Extending the benefits of AI at the enterprise level: flexible, collaborative development to extract maximum value from data

HOUSTON, April 29, 2022–(BUSINESS WIRE)–Regulatory News:

Schlumberger announced today that it has expanded its global INNOVATION FACTORI network with the opening of a new center in Oslo, Norway.

“At INNOVATION FACTORI, customer teams will benefit from a flexible, collaborative development approach with our domain and data science experts to meet their strategic requirements, such as drilling automation, digital twins for production optimization, and carbon capture and storage modeling,” said Rajeev. Sonthalia, president, Digital & Integration, Schlumberger. “Through INNOVATION FACTORI, customers can turn promising concepts into fully implemented digital solutions that extract maximum value from data to make a major leap forward in business performance and thus sustainability.”

Schlumberger customers get access to a powerful machine learning platform with market-leading AI capabilities. Through its partnership with Dataiku, a global leader in Every Day AI, Schlumberger enables its customers to use a single centralized platform to design, deploy, control and manage AI and analytics applications.

Schlumberger’s INNOVATION FACTORI network expansion comes after the successful inauguration of two AI centers in the Americas, one in Rio, Brazil, and a newly opened AI center in Houston, Texas. These centers complement the global network of experts in Abu Dhabi, Beijing and Kuala Lumpur.

About Schlumberger

Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing more than 160 nationalities, provide leading digital solutions and deploy innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, Schlumberger works together to create technology that unlocks access to energy for the benefit of all.

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Warning Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, that is, any statements that are not historical facts. Such statements often contain words such as “expect”, “may”, “may”, “believe”, “plan”, “estimate”, “intend”, “anticipate”, “should”, “could”, “will,” “probably,” “target,” “objective,” “striving,” “striving,” “potential,” “projected,” and other similar words. Forward-looking statements involve matters that are uncertain to varying degrees, such as predictions or expectations regarding the deployment of, or expected benefits from, digital technologies and partnerships. These statements are subject to risks and uncertainties, including, but not limited to, the inability to recognize the intended benefits of digital strategies, initiatives or partnerships; and other risks and uncertainties described in Schlumberger’s most recent Forms 10-K, 10-Q and 8-K filed with or provided to the US Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such developmental changes), or if underlying assumptions prove incorrect, actual results or outcomes could differ materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, Schlumberger disclaims any intent or obligation to publicly update or revise such statements, whether as a result of new information, future events or otherwise.

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Giles Powell – Director of Corporate Communications, Schlumberger Limited
Phone: +1 (713) 375-3494

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