SLB deepens its digital tie-up with Vår Energi

Less paperwork, more drilling decisions

SLB says it’s widening its digital collaboration with Vår Energi so the pair can scale well planning and integrated field development planning across the Norwegian Continental Shelf. That might sound like a fancy PowerPoint sentence, but the guts are pretty simple: fewer slow, manual planning cycles and more decisions made at laptop speed instead of committee speed.

The company says its collaborative well planning has already cut cycle times from months to days. And now it’s betting that integrated field development planning can deliver the same kind of glow-up. In oilfield terms, that’s not just a neat productivity flex — it can mean better coordination, faster project execution, and less operational drag.

Why investors should care

This is the kind of partnership that doesn’t scream “headline rocket ship,” but it matters if you own SLB for the long game. Digital workflows are sticky. Once a customer builds planning muscle around your platform, ripping it out later is about as fun as redoing your kitchen after the cabinets are already bolted in.

For SLB, the broader story is that it keeps moving beyond old-school equipment and into higher-margin tech and services. Big picture: if the oil patch wants to run faster and smarter, SLB wants to be the software in the driver’s seat — not just the wrench in the toolbox.