New Technology Launch Schlumberger Ltd. recently launched Electris, a portfolio of digitally enabled electric well completions technologies aimed at boosting production and recovery while reducing costs. This innovative technology could present a lucrative sales opportunity for WesternGeco to offer complementary services.
Strategic Partnerships Through its partnership with West African Rescue Association (WARA) to establish a children's ward in Ghana, Schlumberger Ltd. has showcased its commitment to social responsibility. This partnership opens up avenues for WesternGeco to engage in community-focused projects that could lead to business opportunities in the region.
Investment Inflow Schlumberger Ltd. has attracted significant investments from entities like First Financial Bankshares and OFI Invest Asset Management. This influx of capital indicates investor confidence in the company's growth prospects, potentially signaling expansion opportunities for WesternGeco to offer its services in new markets.
Innovative Collaboration The partnership between Schlumberger Ltd. and Innovex International for the supply of subsea wellhead systems portrays a drive towards innovation and collaboration. This collaboration could lead to joint projects where WesternGeco's expertise can be leveraged, creating a mutually beneficial sales opportunity.
Custom Solution Development Schlumberger Ltd.'s development of a custom EWC BOP control system for a rig in the North Sea demonstrates their focus on tailored solutions for clients. This expertise in custom solutions could position WesternGeco as a valuable partner for clients seeking innovative and bespoke services, potentially driving new sales engagements.