SLB and TotalEnergies Sign 15-Year Digital Drilling Agreement

· Oil & Gas · United States · France

U.S.-headquartered energy technology company SLB has entered a 15-year agreement with French energy major TotalEnergies for the deployment of digital drilling technologies. The long duration is notable in oilfield services, where contracts are often shorter and tied to individual projects. A 15-year commitment signals that major operators are treating digital tools, data and automation as core to drilling performance rather than one-off upgrades. For SLB, the deal provides a long revenue runway and deepens ties with one of the largest international oil companies. For TotalEnergies, it locks in technology and service capacity across a long horizon. The agreement reflects the broader shift toward digitization in upstream operations, where efficiency gains are increasingly pursued through software and analytics.

Why it matters：Long-duration digital contracts signal that automation and data are becoming core to drilling economics, reshaping competition among oilfield service providers.

Key points

  • The agreement runs for 15 years.
  • It covers deployment of digital drilling technologies.
  • SLB is U.S.-headquartered; TotalEnergies is French.

Sources (original reporting)

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