SLB Ltd

SLB

Market cap $71.7B

SLB said on Tuesday it has partnered with Liberty Energy to supply modular ​parts and power to data centers, ‌as the oilfield services firms look to tap surging demand from the AI boom.

HOUSTON & DENVER--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an agreement with Liberty Energy Inc. (NYSE: LBRT) to form a strategic alliance that will deliver modular infrastructure and integrated power generation solutions for new data center projects globally. The collaboration will bring together complementary expertise in modular infrastructure, power generation and operations to support the rapid deployment of new data center capacity and help the wor.

SLB secures one of the subsea industry's largest umbilical contracts, reinforcing its deepwater leadership through the Kutei North Hub project.

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded a major multi-well engineering, procurement, and construction (EPC) contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d'Ivoire. Under the contract, SLB OneSubsea will deliver complete subsea production systems (SPS) for 13 wells, reinforcing its role as a core technology and execution partner on one of the most strategically signi.

SLB (SLB) reached $46.42 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.

Global oil prices are experiencing significant volatility this year, and oil stocks have followed suit. Oil prices are down, but risks remain elevated, and prices could remain above pre-conflict levels for the foreseeable future.

Not so long ago, oil prices were firmly in the triple digits, with investors stressing over their further prospects and inflationary effects.

SLB strengthens a seven-year KOC contract under AIV initiative, expanding its digital technology footprint and long-term Middle East growth opportunities.

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Investors with an interest in Technology Services stocks have likely encountered both SLB (SLB) and Enpro (NPO). But which of these two companies is the best option for those looking for undervalued stocks?