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Olivier Le Peuch

Olivier Le Peuch

CEO of Schlumberger

Jun 17, 2026

15:55
Tell us about this fantastic day that you had.
15:58
Yeah, a really fantastic day with investors.
16:00
I think the...
16:02
Underlying this, I think, is back to the role of energy to fuel the world, to fuel growth, and the need for energy security, energy reliability, energy diversity, and sustainability.
16:17
So this needs to change and turn into digitalization of energy, uh, operation.
16:25
So digital has a role to play to completely shift and change the way this industry operates.
16:31
And what we are here to explain is what we have done with our platform, with our domain knowledge, with our partner ecosystem, and for our global reach to change the way this industry operates, to transform digitally, to use AI, to use workflow automation, and to use autonomy as the ultimate goal.
18:39
I don't think people realize how integrated they are in your, in your company.
30:27
Ryan Lance Conoco-Phillips, I'll defer to my colleagues.
30:31
Thank you, Mr.
30:32
President.
30:32
Olivier Lepoche, CEO of SLB, formerly known as Schlumberger, the largest global oil field services.
30:39
We have been in Venezuela since 1930, and we still operate.
30:44
We operate today on the ground in support of Chevron.
30:47
We have ability to scale.

28 MINS LATER

Timmy TillmanADVERTISER
59:12
Do you know what that means? Then we go over to France.
20:55
Sort of, again, like our previous stablecoin conversation, Olivier, what is the recovery market? Why do the Champion X deal and what does the recovery aspect add to SLB's portfolio?
21:10
It has a portfolio that is recognized as better in class first and foremost in this market.
21:15
The customer put the priority of getting more buyers with existing assets by increasing their operating efficiency, increasing their capital efficiency, and at the same time, getting more buyers with lower emissions.
21:28
And I think the portfolio of Champenex adds very much complementary to our portfolio, a full solution of technology that the rest that needs for our customers.
21:40
So this is a growing market.
21:41
This market opportunity is quite exciting.
21:44
It's a market that we can transform by adding integration, adding digital capability, and adding our subsurface, where the recovery makes a difference.
22:29
Does that concern you in any way that, you know, when the goal is to get prices down, I have to think it's a headwind in some way for your industry, even if there's more production and therefore utilization of your services? I

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