Schlumberger Appoints Chief Operating Officer

PARIS–(BUSINESS WIRE)–Schlumberger (NYSE:SLB) announced today that its Board of Directors has
appointed Olivier Le Peuch as Chief Operating Officer of Schlumberger
Limited, effective immediately.

Reporting to Paal Kibsgaard, Chairman and Chief Executive Officer, Le
Peuch will be responsible for the day-to-day management of all worldwide

Previously, Le Peuch was Executive Vice President Reservoir &
Infrastructure, responsible for the management of the Cameron product
lines, including OneSubsea, as well as some of Schlumberger’s leading
technology products lines, including Software Integrated Solutions and
Schlumberger Land Rigs.

Schlumberger Chairman and CEO Paal Kibsgaard commented: “Olivier’s track
record, consisting of significant industry experience combined with
technical and management roles within Schlumberger, gives me complete
confidence in his ability to manage and grow all aspects of our
operations. I look forward to working closely with Olivier.”

Prior to his most recent position, Le Peuch held a variety of global
management positions, including President of the Cameron product lines
(February 2017 to May 2018); President of Schlumberger Completions
(October 2014 to January 2017); and Vice President of Engineering,
Manufacturing and Sustaining (August 2010 to September 2014). Earlier in
his career, Le Peuch was GeoMarket Manager for the North Sea, and
President of Software Integrated Solutions.

An electrical engineer with a master’s degree in microelectronics from
the Bordeaux University of Science, Mr. Le Peuch began his career at
Schlumberger in 1987 as an electrical engineer and spent his early
career in custom software integration and development, and in high
temperature electronics development for Wireline equipment.

About Schlumberger

Schlumberger is the world’s leading provider of technology for reservoir
characterization, drilling, production, and processing to the oil and
gas industry. Working in more than 85 countries and employing
approximately 100,000 people who represent over 140 nationalities,
Schlumberger supplies the industry’s most comprehensive range of
products and services, from exploration through production, and
integrated pore-to-pipeline solutions that optimize hydrocarbon recovery
to deliver reservoir performance.

Schlumberger Limited has principal offices in Paris, Houston, London,
and The Hague, and reported revenues of $32.82 billion in 2018. For more
information, visit


Simon Farrant – Vice President of Investor Relations, Schlumberger
Joy V. Domingo – Manager of Investor Relations,
Schlumberger Limited
Office +1 (713) 375-3535
[email protected]

Joao Felix – Director of Corporate Communication, Schlumberger Limited
+1 (713) 375-3535
[email protected]

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