Back
AI-driven solution aims to unlock value from terabytes of data upstream and across FPSO operations
SLB (NYSE: SLB), a global energy technology company, and SBM Offshore (AMS: SBMO), a global leader in Floating Production Storage and Offloading (FPSO) solutions, today announced their agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems.
The alliance brings together SLB’s digital and domain expertise in subsurface, subsea, surface production and recovery with SBM Offshore’s digital and full FPSO lifecycle capabilities. The companies will leverage their respective digital capabilities to create an AI-powered digital ecosystem that enhances FPSO digital asset management – improving uptime performance and reducing total cost of ownership for offshore operators.
“This exclusive alliance with SBM Offshore marks a pivotal moment in offshore assets production and recovery,” said Rakesh Jaggi, President, Digital & Integration, SLB. “By harnessing decades of operational data and domain expertise through SLB’s scalable digital platform, we’re not just unlocking insights — we’re enabling a step-change in FPSO performance. Together, we will drive and deliver measurable value to our customers.”
The digital ecosystem will integrate SBM Offshore’s operational workflows, data and lifecycle expertise with SLB’s digital technologies, including its OptiSite™ solutions which are enabled by Cognite Data Fusion® as part of SLB’s Lumi ™ data and AI platform. Once fully realized, the digital ecosystem will empower offshore asset operators — across operations, maintenance, and engineering — to proactively identify and resolve emerging challenges before they escalate. This will be achieved through real-time, contextualized insights drawn from the full asset infrastructure, including subsea wells, risers, flowlines and topside systems workflows. By integrating intelligence across domains, the ecosystem will enable more efficient and agile decision-making throughout the lifecycle of offshore production.
“This strategic alliance with SLB is a natural evolution of our digital strategy and mirrors our ambition to digitalize the FPSO operations,” said Olivier Icyk, chief business officer, SBM Offshore. Together with SLB, we combine complementary industry-leading expertise, experience, data driven work processes and proven services and technologies which will enhance further full field optimization, thanks to this unique vertical integration from reservoir to FPSO.”
About SLB
SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
About SBM Offshore
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress. For further information visit www.sbmoffshore.com.
| Media | Investor |
| Josh Byerly – SVP of Communications
Moira Duff – Director of External Communications SLB
Giampaolo Arghittu Head of External Communications SBM Offshore Tel: +31 6 212 62 333 |
James R. McDonald – SVP of Investor Relations & Industry Affairs Joy V. Domingo – Director of Investor Relations SLB
Wouter Holties SBM Offshore Tel: +31 (0)20 236 32 36 |
Cautionary Statement Regarding Forward-Looking Statements:
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
