{"success":true,"data":{"pressRelease":{"id":"164257","rtpr_id":"nBw6SCq5Va-20261008","ticker":"SLB","exchange":"NYSE","all_tickers":["SLB"],"title":"SLB Awarded Digital Drilling Contract by TotalEnergies","author":"Business Wire","published_at":"2026-10-08T12:04:00.087Z","article_body":"SLB Awarded Digital Drilling Contract by TotalEnergies\n\nDeployment will connect subsurface insights with well engineering and drilling\nplanning workflows\n\nGlobal energy technology company SLB (NYSE: SLB) today announced a 15-year\nagreement with TotalEnergies to use the DrillPlan™ coherent well planning\nand engineering solutions. The agreement will support TotalEnergies’\ntransition to a digital planning environment, connecting subsurface insights\nwith well planning and engineering.\n\nEnabled by SLB’s DrillPlan solutions and the expertise of both companies,\nthe agreement marks a significant step in the companies’ digital\ncollaboration and reflects a broader shift across the industry as operators\nmove toward scalable, interoperable digital platforms to improve engineering\nand well construction execution.\n\nThe DrillPlan solutions will enable TotalEnergies to streamline well design\nand engineering activities by integrating offset well data, trajectory\ndesigns, casing and completion inputs, and planning assumptions used\nthroughout the well construction process, enabling cross-functional teams to\nwork from a common foundation of data, plans and assumptions.\n\n“Operators are increasingly looking for scalable technologies that can\nsupport more consistent planning decisions across large and diverse\nportfolios,” said Rakesh Jaggi, president of SLB’s Digital business.\n“This agreement demonstrates how customers are moving toward digital\nsolutions that improve consistency, strengthen collaboration and provide a\nfoundation for future workflow innovation.”\n\nDrawing on domain expertise from both companies, the environment is designed\nto connect workflows, integrate custom processes, scale across operations, and\nenable ongoing deployment of new digital technologies.\n\nBuilt on SLB’s strengths in well construction and digital technology, the\nDrillPlan solutions help integrate established customer workflows within a\nbroader enterprise digital ecosystem. The agreement reflects a growing\nindustry focus on combining the domain expertise embedded in internally\ndeveloped digital solutions with the scale, resilience and interoperability of\ncommercial platforms.\n\nKey Points:\n\n\n * SLB has been awarded an agreement by TotalEnergies to deploy the DrillPlan™\ncoherent well planning and engineering solutions across its global upstream\nportfolio.\n\n * The deployment will connect subsurface insights with well planning and\nengineering, supporting a standardized digital drilling planning environment.\n\n * DrillPlan solutions integrate offset well data, trajectory designs, casing and\ncompletion inputs, and planning assumptions used throughout the well\nconstruction process.\n\n * The agreement supports an approach that combines established customer\nworkflows and internally developed digital expertise with SLB’s well\nconstruction and digital domain expertise.\n\n * The agreement builds on the long-standing collaboration between SLB and\nTotalEnergies and supports continued innovation in digital well construction\nplanning.\n\nAbout SLB\n\nSLB (NYSE: SLB) is a global technology company that has driven energy\ninnovation for 100 years. With a global footprint in more than 100 countries\nand employees representing almost twice as many nationalities, we work each\nday on innovating oil and gas, delivering digital at scale, decarbonizing\nindustries, and developing and scaling new energy systems that accelerate the\nenergy transition. Find out more at slb.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.slb.com&esheet=54617998&newsitemid=20261008482170&lan=en-US&anchor=slb.com&index=1&md5=818d3d4fc857de200c9559578533d801)\n.\n\nCautionary Statement Regarding Forward-Looking Statements:\n\nThis press release contains “forward-looking statements” within the\nmeaning of the U.S. federal securities laws — that is, statements about the\nfuture, not about past events. Such statements often contain words such as\n“expect,” “may,” “can,” “estimate,” “intend,”\n“anticipate,” “will,” “potential,” “projected\" and other similar\nwords. Forward-looking statements address matters that are, to varying\ndegrees, uncertain, such as forecasts or expectations regarding the deployment\nof, or anticipated benefits of, SLB’s new technologies and partnerships; and\nimprovements in operating procedures and technology. These statements are\nsubject to risks and uncertainties, including, but not limited to, the\ninability to recognize intended benefits of SLB’s strategies, initiatives or\npartnerships; and other risks and uncertainties detailed in SLB’s most\nrecent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities\nand Exchange Commission. If one or more of these or other risks or\nuncertainties materialize (or the consequences of such a development changes),\nor should underlying assumptions prove incorrect, actual outcomes may vary\nmaterially from those reflected in our forward-looking statements. The\nforward-looking statements speak only as of the date of this press release,\nand SLB disclaims any intention or obligation to update publicly or revise\nsuch statements, whether as a result of new information, future events or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261008482170/en/\n(https://www.businesswire.com/news/home/20261008482170/en/)\n\nMedia\n\nJosh Byerly – SVP of Global Communications\n\nMoira Duff – Director of External Communications\n\nSLB\n\nTel: +1 (713) 375-3407\n\nmedia@slb.com (mailto:media@slb.com)\n\nInvestors\n\nJames R. McDonald – SVP of Investor Relations & Industry Affairs\n\nJoy V. Domingo – Director of Investor Relations\n\nSLB\n\nTel: +1 (713) 375-3535\n\ninvestor-relations@slb.com (mailto:investor-relations@slb.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw6SCq5Va-20261008","title":"SLB Awarded Digital Drilling Contract by TotalEnergies","author":"Business Wire","ticker":"SLB","created":"2026-10-08T12:04:00.087Z","tickers":["SLB"],"exchange":"NYSE","article_body":"SLB Awarded Digital Drilling Contract by TotalEnergies\n\nDeployment will connect subsurface insights with well engineering and drilling\nplanning workflows\n\nGlobal energy technology company SLB (NYSE: SLB) today announced a 15-year\nagreement with TotalEnergies to use the DrillPlan™ coherent well planning\nand engineering solutions. The agreement will support TotalEnergies’\ntransition to a digital planning environment, connecting subsurface insights\nwith well planning and engineering.\n\nEnabled by SLB’s DrillPlan solutions and the expertise of both companies,\nthe agreement marks a significant step in the companies’ digital\ncollaboration and reflects a broader shift across the industry as operators\nmove toward scalable, interoperable digital platforms to improve engineering\nand well construction execution.\n\nThe DrillPlan solutions will enable TotalEnergies to streamline well design\nand engineering activities by integrating offset well data, trajectory\ndesigns, casing and completion inputs, and planning assumptions used\nthroughout the well construction process, enabling cross-functional teams to\nwork from a common foundation of data, plans and assumptions.\n\n“Operators are increasingly looking for scalable technologies that can\nsupport more consistent planning decisions across large and diverse\nportfolios,” said Rakesh Jaggi, president of SLB’s Digital business.\n“This agreement demonstrates how customers are moving toward digital\nsolutions that improve consistency, strengthen collaboration and provide a\nfoundation for future workflow innovation.”\n\nDrawing on domain expertise from both companies, the environment is designed\nto connect workflows, integrate custom processes, scale across operations, and\nenable ongoing deployment of new digital technologies.\n\nBuilt on SLB’s strengths in well construction and digital technology, the\nDrillPlan solutions help integrate established customer workflows within a\nbroader enterprise digital ecosystem. The agreement reflects a growing\nindustry focus on combining the domain expertise embedded in internally\ndeveloped digital solutions with the scale, resilience and interoperability of\ncommercial platforms.\n\nKey Points:\n\n\n * SLB has been awarded an agreement by TotalEnergies to deploy the DrillPlan™\ncoherent well planning and engineering solutions across its global upstream\nportfolio.\n\n * The deployment will connect subsurface insights with well planning and\nengineering, supporting a standardized digital drilling planning environment.\n\n * DrillPlan solutions integrate offset well data, trajectory designs, casing and\ncompletion inputs, and planning assumptions used throughout the well\nconstruction process.\n\n * The agreement supports an approach that combines established customer\nworkflows and internally developed digital expertise with SLB’s well\nconstruction and digital domain expertise.\n\n * The agreement builds on the long-standing collaboration between SLB and\nTotalEnergies and supports continued innovation in digital well construction\nplanning.\n\nAbout SLB\n\nSLB (NYSE: SLB) is a global technology company that has driven energy\ninnovation for 100 years. With a global footprint in more than 100 countries\nand employees representing almost twice as many nationalities, we work each\nday on innovating oil and gas, delivering digital at scale, decarbonizing\nindustries, and developing and scaling new energy systems that accelerate the\nenergy transition. Find out more at slb.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.slb.com&esheet=54617998&newsitemid=20261008482170&lan=en-US&anchor=slb.com&index=1&md5=818d3d4fc857de200c9559578533d801)\n.\n\nCautionary Statement Regarding Forward-Looking Statements:\n\nThis press release contains “forward-looking statements” within the\nmeaning of the U.S. federal securities laws — that is, statements about the\nfuture, not about past events. Such statements often contain words such as\n“expect,” “may,” “can,” “estimate,” “intend,”\n“anticipate,” “will,” “potential,” “projected\" and other similar\nwords. Forward-looking statements address matters that are, to varying\ndegrees, uncertain, such as forecasts or expectations regarding the deployment\nof, or anticipated benefits of, SLB’s new technologies and partnerships; and\nimprovements in operating procedures and technology. These statements are\nsubject to risks and uncertainties, including, but not limited to, the\ninability to recognize intended benefits of SLB’s strategies, initiatives or\npartnerships; and other risks and uncertainties detailed in SLB’s most\nrecent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities\nand Exchange Commission. If one or more of these or other risks or\nuncertainties materialize (or the consequences of such a development changes),\nor should underlying assumptions prove incorrect, actual outcomes may vary\nmaterially from those reflected in our forward-looking statements. The\nforward-looking statements speak only as of the date of this press release,\nand SLB disclaims any intention or obligation to update publicly or revise\nsuch statements, whether as a result of new information, future events or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261008482170/en/\n(https://www.businesswire.com/news/home/20261008482170/en/)\n\nMedia\n\nJosh Byerly – SVP of Global Communications\n\nMoira Duff – Director of External Communications\n\nSLB\n\nTel: +1 (713) 375-3407\n\nmedia@slb.com (mailto:media@slb.com)\n\nInvestors\n\nJames R. McDonald – SVP of Investor Relations & Industry Affairs\n\nJoy V. Domingo – Director of Investor Relations\n\nSLB\n\nTel: +1 (713) 375-3535\n\ninvestor-relations@slb.com (mailto:investor-relations@slb.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-08T12:04:00.136263025Z","server_sent_at_ms":1791461040136},"received_at":"2026-10-08T12:04:00.187Z","source_url":"https://www.businesswire.com/news/home/20261008482170/en/"},"analysis":{"id":"152682","press_release_id":"164257","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"partnership","narrative":"SLB announced a 15-year agreement with TotalEnergies to deploy its DrillPlan coherent well planning and engineering solutions across TotalEnergies' global upstream portfolio.\n\nThe deployment connects subsurface insights with well engineering and drilling planning workflows, standardizing data, plans and assumptions across well construction teams.\n\nWhile no contract value was disclosed, the deal reinforces SLB's Digital business momentum with a supermajor customer and builds on a long-standing collaboration.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Long-duration digital contract win with TotalEnergies validates SLB's digital drilling strategy, though undisclosed value caps near-term impact."},"keyFigures":{"customDimensions":{"contract_duration_years":15}},"quotedText":"Operators are increasingly looking for scalable technologies that can support more consistent planning decisions across large and diverse portfolios","namedEntities":{"people":[{"name":"Rakesh Jaggi","role":"President of SLB Digital business"},{"name":"Josh Byerly","role":"SVP of Global Communications, SLB"},{"name":"James R. 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