Schlumberger has changed its name to SLB, according to a press release.
The change underscores the company’s commitment to a decarbonized future, the release states.
In 2020, SLB launched its New Energy business to explore partnerships and opportunities in clean technology. Hydrogen is one of five areas SLB is looking to develop through New Energy, along with carbon solutions, geothermal and geoenergy, energy storage and critical minerals.
This includes Genvia, a clean hydrogen technology company formed as a public/private partnership with France’s renewables research agency, CEA, and other partners.