Schlumberger , the world 's biggest oilfield services company , is developing complete systems that consolidate the technology used in the exploration and production industry . CEO John Kibsgaard said digital offerings , such as its analytics and machine - tool Delfi , would increase efficiency , while combined software and hardware systems underpin Kibsgaard 's vision of the " rig of the future " . Schlumberger reported Q3 revenues of $ 7.91bn and a 65 % uplift in profits year on year . It recently signed a deal with Borr Drilling to offer performance - based contracts to offshore drilling rigs . Other oilfield services companies , such as Halliburton , are also investing in digital technology .
Schlumberger, the world's biggest oilfield services company, is developing complete systems that consolidate the technology used in the exploration and production industry. CEO Paal Kibsgaard said digital offerings, such as its analytics and machine learning tool Delfi, would increase efficiency, while combined software and hardware systems underpin Kibsgaard's vision of the "rig of the future". Schlumberger reported Q3 revenues of $7.91bn and a 65% uplift in profits year on year. It recently signed a deal with Borr Drilling to offer performance-based contracts to offshore jackup rigs. Other oilfield services companies, such as Halliburton, are also investing in digital technology.