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Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

First publishedJul 24, 07:00 UTC
Last updatedJul 27, 13:15 UTC · 4m ago
11 outletFortune
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Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
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In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil. He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution.

Reported by 1 outlet Fortune. See all sources ↓

In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil. He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution. But the experiment had a broader purpose: proving that electric instruments could be used to reveal and map underground structures from the surface. Schlumberger’s approach worked, and it turned out to be a remarkably effective tool for a more lucrative enterprise: finding oil.

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In brief
What's the story?
In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil. He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
4m ago.
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    Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

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