Public Company Energy

SLB

Houston, Texas, United States

Formerly known as Schlumberger, Schlumberger Limited, Schlumberger N.V.

SLB is a technology company that unlocks access to energy for the benefit of all, focused on creating a future with more energy and less carbon. It serves customers across the oil and gas value chain with digital and AI-enabled technologies and services.

Focus Areas
Upstream oil and gas technology, Digital & AI-enabled upstream platforms, Subsurface geoscience software
Website
slb.com

Tracked deals

4

4 tracked deals across 2024-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 2 divestiture

SLB Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for SLB. 1 2024 ~4 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • SLB to Acquire Kelvion From Apollo-Managed Funds and Triton
    August 31, 2026
    Buyer
    SLB
    Target
    Kelvion
    Seller
    Apollo-managed funds, funds advised by Triton
    Industry
    IT Services
    Location
    North Rhine-Westphalia, Germany
    Type
    Buyout

    SLB has signed an agreement to acquire Kelvion, a global thermal management and heat exchange technologies provider, to expand its Data Center Solutions business and strengthen its role in AI data center infrastructure. The deal values Kelvion at approximately $3.4 billion in cash plus the assumption of about $0.7 billion of debt, and is expected to close in the first half of 2027.

  • SLB to Acquire Tachyus to Accelerate AI-Driven Reservoir Management
    May 29, 2026
    Buyer
    SLB
    Target
    Tachyus
    Industry
    AI & Machine Learning
    Location
    United States
    Type
    Buyout

    Tachyus, an AI-driven reservoir management and emissions management software company, announced that SLB intends to acquire it. The deal will combine Tachyus’ AI/data-physics modeling and optimization platforms (Aqueon and Aurion) with SLB’s digital ecosystem and global customer reach to advance continuously learning, closed-loop reservoir management systems.

  • SLB to Acquire S&P Global Upstream Geoscience and Petroleum Engineering Software Portfolio (Kingdom, Petra, Harmony Enterprise, FieldDIRECT)
    April 26, 2026
    Buyer
    SLB
    Target
    S&P Global upstream geoscience and petroleum engineering software portfolio (Kingdom, Petra, Harmony Enterprise, FieldDIRECT)
    Seller
    S&P Global
    Industry
    Data & Analytics
    Location
    United States
    Type
    Divestiture

    S&P Global announced a definitive agreement to sell its upstream geoscience and petroleum engineering software portfolio to SLB. The divestiture includes software tools such as Kingdom, Petra, Harmony Enterprise, and FieldDIRECT, while S&P Global launches its new AI-powered upstream data platform, Titan, and continues distributing proprietary data through the divested software tools.

  • SLB Acquires HydraWell
    November 20, 2024
    Buyer
    SLB
    Target
    Hydrawell Intervention AS, HydraWell (Hydrawell Intervention AS and its subsidiaries), Hydrawell Intervention AS subsidiaries
    Seller
    Norvestor VII L.P., Norvestor VII OS L.P., Hydrawell Holding AS
    Industry
    IT Services
    Location
    Norway
    Type
    Divestiture

    Norvestor, via Hydrawell Holding AS, has divested Hydrawell Intervention AS and its subsidiaries (HydraWell) to SLB. HydraWell is a Norway-headquartered technology provider focused on plug-and-abandonment (P&A) and well integrity remediation for the energy industry.

Related Acquisition Pages

IT Services Buyers & Acquisitions 2 tracked deals by SLB. AI & Machine Learning Buyers & Acquisitions 1 tracked deal by SLB. Data & Analytics Buyers & Acquisitions 1 tracked deal by SLB.

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