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 . RELATED: 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 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 .