
Investments
11Portfolio Exits
9Partners & Customers
10Service Providers
1About SLB
SLB (NYSE: SLB) is a provider of technological solutions for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company was founded in 1926 and is based in Houston, Texas.

Want to inform investors similar to SLB about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Expert Collections containing SLB
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find SLB in 2 Expert Collections, including Energy Storage.
Energy Storage
1,232 items
This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.
Lab-Grown Diamonds
207 items
This collection covers the technologies used to grow and process diamonds, as well as consumer and industrial applications for them
Research containing SLB
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned SLB in 6 CB Insights research briefs, most recently on Oct 27, 2022.



Latest SLB News
Jan 30, 2023
Actuators Market Research | Edition 2023 | Recent Developments and SWOT Analysis 2028 News Provided By Share This Article Douglas Insights Some major players in the actuators market are Eaton Corporation plc, Actuonix Motion Devices, Tolomatic Inc, Festo AG & Co. KG, AVK Holdings A/S. ISLE OF MAN, ISLE OF MAN, January 30, 2023 / EINPresswire.com / -- Actuators Market Value and CAGR The global actuators market is anticipated to grow at a substantial CAGR of 7.9% in the upcoming years. The global actuators industry is estimated to be worth USD 52.6 billion in 2023 and is expected to be worth USD 82.08 billion by 2030. Actuators enhance positioning performance, increase control flexibility, stop fluid leaks, boost energy efficiency, and maintain current technologies' robustness and dependability. The most significant market impact has come from technological advancements in actuators. Actuators that can incorporate smart technologies are becoming more and more in demand as a way to fuel market expansion. The latest market trend is using advanced technologies to develop smart actuators. A smart actuator incorporates all components, including sensors, motors, a communication unit, and a controller. The smart actuator that controls the robots used in various industries can be easily reconfigured, assembled, or disassembled. The expanding use of smart actuators will improve the field's capabilities for automation and control. Smart actuators offer numerous benefits, including increased productivity and efficiency, improved controllability and diagnostic capabilities, reduced complexity and cabling, lower software and hardware costs, and enhanced machine functionality. Actuators Market Growth Drivers and Risks One of the major factors driving the global actuators market growth is the growing application of actuators across various end-use industries such as aerospace and defense, oil and gas, liquid pipelines, and liquefied natural gas (LNG). Rapid industrialization and ongoing technological innovations in the automotive industry, such as the introduction of Advanced Driver Assistance Systems (ADAS), have fueled the growth of the automotive actuators market . Another growth-inducing factor is the emerging trend of automation across multiple industries. The global actuator market share is restricted by time-consuming leakage repairs, competitive pricing standards, high maintenance costs, and unsatisfactory consumer behavior. Pneumatic actuators convert compressed air energy into mechanical movement. The installation of pneumatic actuators is time-consuming, and the cost of maintaining these actuators is high. Compressors, dryers, lube tubes, air filters, and regulators are part of the pneumatic actuators market. Actuators Market Keyplayers Some major players in the actuators market are Eaton Corporation plc, Actuonix Motion Devices, Tolomatic Inc, Festo AG & Co. KG, AVK Holdings A/S, Flowserve Corporations, Tyco International Ltd, Schlumberger Limited, KITZ Corporation, Burkert Fluid Control Systems, Emerson Electric Co., Honeywell Corporation, Helix Linear Technologies Inc, Duff-Norton, Parker Hannifin, Tusk Direct Inc, Watts Water Technologies Inc, Rotork Plc, Samson Ag, and Robert Bosch GmbH. Actuators Market Segmentations • Electric Reasons Why You Should Buy This Report • The Actuators Market report is a compilation of data from different sources and has been put together in a way that makes it easy for the reader to understand. • It covers a wide range of topics, including Actuators Market current trends, market size, and forecasted growth. • The Actuators Market report provides valuable insights that can help you make informed decisions about your business. The data is accurate and up-to-date, so you can trust the information presented. • This Actuators Market report is an excellent resource for business owners who are looking to gain an understanding of the market landscape and potential opportunities. • It will help you identify growth sectors and predict future trends of Actuators Market Check out the detailed TOC, Tables, and Figures with Charts for exclusive data, information, vital statistics, trends, and competitive landscape details - https://douglasinsights.com/actuators-market Table of content About Douglas Insights- Douglas Insights UK limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match. Office- Isle of Man IM4 5HA, Isle of Man Email- isabella@douglasinsights.com
SLB Investments
11 Investments
SLB has made 11 investments. Their latest investment was in ZEG Power as part of their Series B on September 9, 2022.

SLB Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/24/2022 | Series B | ZEG Power | $18.9M | Yes | AP Ventures, Danske Bank Group, Mirai Creation Fund, Nordea Bank, Nysnø Climate Investments, SLB, StartupLab, Stratel, and Undisclosed Investors | 2 |
8/4/2022 | Series A | Quantum Light Metrology | $14.54M | Yes | 1 | |
5/9/2022 | Corporate Minority | EnergySource Minerals | Yes | 1 | ||
12/10/2021 | Series C | |||||
9/15/2021 | Series A |
Date | 9/24/2022 | 8/4/2022 | 5/9/2022 | 12/10/2021 | 9/15/2021 |
---|---|---|---|---|---|
Round | Series B | Series A | Corporate Minority | Series C | Series A |
Company | ZEG Power | Quantum Light Metrology | EnergySource Minerals | ||
Amount | $18.9M | $14.54M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | AP Ventures, Danske Bank Group, Mirai Creation Fund, Nordea Bank, Nysnø Climate Investments, SLB, StartupLab, Stratel, and Undisclosed Investors | ||||
Sources | 2 | 1 | 1 |
SLB Portfolio Exits
9 Portfolio Exits
SLB has 9 portfolio exits. Their latest portfolio exit was Sarcos Robotics on September 27, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/27/2021 | Reverse Merger | 5 | |||
Date | 9/27/2021 | ||||
---|---|---|---|---|---|
Exit | Reverse Merger | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 |
SLB Acquisitions
15 Acquisitions
SLB acquired 15 companies. Their latest acquisition was Gyrodata on October 26, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/26/2022 | Debt | $7.5M | Acquired | 13 | ||
9/7/2021 | Acquired | 2 | ||||
5/10/2018 | Other | $0.15M | Acquired | 1 | ||
1/2/2018 | ||||||
1/6/2017 | Growth Equity |
Date | 10/26/2022 | 9/7/2021 | 5/10/2018 | 1/2/2018 | 1/6/2017 |
---|---|---|---|---|---|
Investment Stage | Debt | Other | Growth Equity | ||
Companies | |||||
Valuation | |||||
Total Funding | $7.5M | $0.15M | |||
Note | Acquired | Acquired | Acquired | ||
Sources | 13 | 2 | 1 |
SLB Partners & Customers
10 Partners and customers
SLB has 10 strategic partners and customers. SLB recently partnered with Orcadian Energy on November 11, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/29/2022 | Client | United Kingdom | SLB to deliver core services for the wells on the Orcadian Energy’s pilot project Orcadian Energy and SLB now plan to develop a comprehensive Project Agreement to detail the terms and conditions for the provision of core services . | 2 | |
11/16/2022 | Client | Oman | HOUSTON -- -- SLB is collaborating with Oman 's Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman 's geothermal resources . | 1 | |
11/16/2022 | Partner | Oman | HOUSTON , November 16 , 2022 -- SLB is collaborating with Oman 's Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman 's geothermal resources . | 1 | |
10/31/2022 | Partner | ||||
10/20/2022 | Vendor |
Date | 11/29/2022 | 11/16/2022 | 11/16/2022 | 10/31/2022 | 10/20/2022 |
---|---|---|---|---|---|
Type | Client | Client | Partner | Partner | Vendor |
Business Partner | |||||
Country | United Kingdom | Oman | Oman | ||
News Snippet | SLB to deliver core services for the wells on the Orcadian Energy’s pilot project Orcadian Energy and SLB now plan to develop a comprehensive Project Agreement to detail the terms and conditions for the provision of core services . | HOUSTON -- -- SLB is collaborating with Oman 's Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman 's geothermal resources . | HOUSTON , November 16 , 2022 -- SLB is collaborating with Oman 's Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman 's geothermal resources . | ||
Sources | 2 | 1 | 1 |
SLB Service Providers
1 Service Provider
SLB has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Asset Sale | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Asset Sale |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
SLB Team
72 Team Members
SLB has 72 team members, including current Chief Executive Officer, Olivier Le Peuch.
Name | Work History | Title | Status |
---|---|---|---|
Olivier Le Peuch | Chief Executive Officer | Current | |
Name | Olivier Le Peuch | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
Compare SLB to Competitors
CMG provide services to media industries, helping clients navigate through and effectively manage the intellectual property and licensing process. It is based in Indianapolis, Indiana.
Ridgeway Kite is a software development company. It develops reservoir simulators for the oil and gas industry. It provides services such as software maintenance and support, training, user assistance, project assistance, software customization, and more. It was founded in 2013 and is based in Harwell, United Kingdom.
Blue Planet offers carbon capture & mineralization technology for CO2 mitigation. Its technology uses waste CO2 as a raw material to produce carbon-negative building materials. The firm was founded in 2013 and is based in Los Gatos, California.
Pi-Innovation offers a carbon capture technology, capturing carbon dioxide from industrial emissions for sale and beneficial use in multiple markets ranging from processing to enhanced oil recovery.

Svante develops an adsorption technology to lower the cost curve of greenhouse gas emissions from post-combustion industrial and power plant flue gas. Its technology captures post-combustion carbon dioxide from industrial fuel gas streams through the use of a rotary adsorption machine which functions as a rotary air preheater maximizing carbon capture productivity. The company was founded in 2007 and is based in Burnaby, Canada.

Carbon Clean Solutions (CCS) develops carbon dioxide (CO2) separation technology for industrial and gas treating applications. The company's step-change technology significantly reduces the costs and environmental impacts of existing CO2 separation techniques. The company aims to provide customized, low-cost, energy-efficient solutions for carbon dioxide separation to customers. It was founded in 2009 and is based in London, U.K.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.