12/29/2023 0 Comments Pemsa drilling offshore fleet![]() It regularly trades on the London, Paris and New York Stock Exchanges.Īccording to the Global 500 list published by Fortune Magazine, Schlumberger bagged the 287th position in 2016 and has always been one of the top 300 corporations in the world with a large revenue turnover. It has a complex structure and subsidiary companies in Panama, the Netherlands and the British Virgin Islands. The company has completed the biggest projects in Saudi Arabia, Libya, Turkmenistan and Russia, nations with the world’s largest oil reserves. It also provides consultatory and management services. It collaborates with international oil companies offering services like data processing, testing of oil wells, site evaluation, drilling and lifting operations etc. It is headquartered in Paris, France and has branch offices in Houston, London and the Hague. ![]() The company recorded annual revenue of around 48 billion dollars in 2017. Since then it has come a long way by carving out its name as the highest revenue generator among all its competitors and offering reliable services to its international clients. It was established in 1926 by Conrad and Marcel Schlumberger, two brothers hailing from Alsace, France. It has a worldwide presence in more than 120 countries and employs over 100,000 professionals including technicians, engineers and research personnel working closely for developing industry-changing technologies that are safer and cleaner. The biggest offshore drilling company, Schlumberger is a prominent name in the maritime energy sector. Schlumberger Image for representation purpose only In this article, let us review the 10 biggest offshore drilling giants. The global offshore drilling market size stood at 32 billion US dollars in 2018 but is expected to cross the 90 billion mark by the end of this decade. With wide-ranging applications in commercial, financial, transportation and industrial sectors, Oil and natural gas are two resources that drive the world economies.
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