Schlumberger NV Stock Price Increases Amid Partnership Announcement

Schlumberger NV, a multinational oilfield services company, has seen its stock price rise above the 52-week low. The company’s current stock price is higher than the lowest price recorded over the past 52 weeks.

Schlumberger Partners with AIQ to Enhance Services

Schlumberger has formed a partnership with AIQ to deploy an artificial intelligence solution across ADNOC’s subsurface operations. This collaboration aims to enhance Schlumberger’s services and potentially boost its long-term outlook.

Energy Sector Performance

The energy sector, in which Schlumberger operates, has experienced varying stock price movements. While some stocks in the sector have risen, including Schlumberger’s, others have experienced fluctuations.

Key Partnership Details

  • Partner: AIQ
  • Deployment: Artificial intelligence solution across ADNOC’s subsurface operations
  • Expected outcome: Enhanced services and potentially boosted long-term outlook