SLB · News · 20260806N

ESG and sustainability

SLB LIMITED/NV · 2026-08-06 · Importance 34 · Surprise 42

SLB donated $76 million in-kind of PetroMod and Petrel geologic-modeling software to Montana State University. The software will run on the university’s Tempest supercomputer and support research and education in petroleum systems, critical minerals, carbon capture, and other energy resources. The initiative expands access to computational tools relevant to lower-carbon technologies and resource development. The reported commitment is an in-kind contribution rather than a cash expenditure.

Key facts

• SLB published an article stating high drilling costs and early-stage resource uncertainty hinder geothermal investment and that government support (risk-sharing, streamlined permitting, favorable revenue frameworks) is needed. source