– SLB and Nabors Announce Collaboration…

SLB and Nabors Industries (Nabors) announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.

The new integration provides customers with access to a broader suite of drilling automation technologies and greater flexibility to utilize their existing rig control systems and equipment on either SLBs PRECISE or Nabors SmartROS rig operating system.

System integration bottlenecks are one of the main roadblocks to global adoption of drilling automation, said Jesus Lamas, president, Well Construction, SLB. Our collaboration with Nabors will provide E&P customers and drilling contractors across the globe with greater access to high-performance drilling capabilities, including Neuro autonomous directional drilling.

This is a great example of how industry collaboration can break down barriers to scale adoption of automated drilling solutions industrywide, said Subodh Saxena, senior vice president, Technology and Services, Nabors. We are excited to team up with SLB to make certain solutions available to each other and to continue expanding the installed base of Nabors digital solutions beyond Nabors rigs.

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.

About Nabors Industries

Nabors Industries (NYSE: NBR) is a leading provider of advanced technology for the energy industry. With operations in more than 15 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower-carbon world.

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