COP28
The annual Conference of Parties (COP) is the most important decision-making body regarding climate issues. And SLB is there. Here’s why.
Two SLB operators inspecting a Vx Spectra in a manufacturing facility

The oil and gas industry has an important role to play

A balanced energy transition is the way forward, and it will only happen with innovation from leaders in the energy sector. SLB has driven progress by making great strides in carbon reduction and advancing new technologies.

Male engineer working on a big piece of equipment

It's an unprecedented balancing act, and SLB is up for the challenge

To provide reliable, accessible, and affordable energy that meets a new standard of sustainability, new technologies must be scaled up as emissions are cut. Our strength, scale, and differentiated capabilities in terms of science, technology, and innovation will enable SLB to effect change both responsibly and rapidly.

SLB is already making major changes for real results

With a portfolio of transition technologies that help minimize emissions and reduce energy consumption by driving efficiency, reliability, and performance, we’re meeting emissions goals on the path to net zero.

SOLUTIONS
With evolving technology, the next phase is already underway
As we reduce emissions, we’re also improving and expanding the technologies of carbon capture and storage, geothermal energy, and geoenergy.
Explore our solutions

We’re tackling methane as well

We share the view of the COP28 presidency that the oil and gas industry must create a lower-carbon economy by reducing emissions today. As living standards improve and energy demand expands, oil and gas will continue to be part of the energy mix for decades to come while renewables continue to ramp up.1

Methane is our most immediate opportunity, and an urgent one. Here are the facts, and the actions we’ve taken:

SLB’s actions are affecting people’s lives for the better

We invest in host countries and communities by building partnerships to focus our social efforts, recruiting and training where we work, sourcing from diverse local suppliers, and creating regional technology strategies with local impact.

Explore
Image of two SLB workers looking at data

SLB will continue to lead, with key partnerships in the industry, and beyond

SLB will work with technology companies, world governments, and other stakeholders to maximize efficiency in all phases of transition.

Learn more about SLB

SLB engineer
Who We Are
Together, we create amazing technology that unlocks access to energy for the benefit of all.
View
Who We Are
SLB is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to a global energy industry.
View
Bring Balance Back to Our Planet
Our planet needs balance to thrive, for the climate, for people, and for nature.
View
Bring Balance Back to Our Planet
Together, we will pave the way through better practices, innovative technologies, and the commitment to help others.
View
Outdoor glass walkway
A Sustainable Energy Future
We're working to balance the need for energy with the needs of the planet.
View
A Sustainable Energy Future
Environmental and social sustainability is an integral part of how we operate.
View
Terms & notes:

  * Scope 1 and 2 emissions: emissions that result from SLB’s own operations. This includes fuel in cars used for site visits and electricity used to power office buildings.
** Scope 3 emissions: emissions that are produced in our supply chain and by customers while using SLB technology. This includes Purchased goods and services used in SLB operations including chemicals, cements, and metals, and emissions from our value chain including business travel, logistics and investments.

https://www.iea.org/reports/world-energy-outlook-2021/fuels-old-and-new
https://www.epa.gov/gmi/importance-methane#:~:text=Methane%20is%20the%20second%20most,trapping%20heat%20in%20the%20atmosphere
https://www.unep.org/news-and-stories/video/whats-deal-methane#:~:text=It%20is%20responsible%20for%20more,years%20after%20it%20is%20released
https://www.unep.org/news-and-stories/story/methane-emissions-are-driving-climate-change-heres-how-reduce-them
5 https://www.iea.org/reports/global-methane-tracker-2023/overview