SLB SLB, an American oilfield services company, has rolled out a comprehensive suite of carbon storage solutions under its new Sequestri portfolio, reinforcing its push to accelerate industrial decarbonization globally. This move marks a significant leap in SLB’s strategy to support carbon capture and storage (CCS) at scale, from point of capture to safe, permanent underground storage.
SLB’s Sequestri Brings Full-Chain CCS Capabilities
The Sequestri portfolio is designed to provide an end-to-end framework for long-term carbon storage, combining tailored hardware and digital workflows to enhance decision-making at each step — site screening, development, operations and monitoring. With more than 25 years of CCS experience embedded in its technology suite, SLB is addressing key economic and integrity concerns that often hamper CCS project viability.
Katherine Rojas, SLB’s senior VP of Industrial Decarbonization, stated the portfolio aims to shift the economics and safeguard the integrity of carbon storage projects. She emphasized that Sequestri delivers precision, reliability, and efficiency to advance CCS across the lifecycle.
Advanced Digital Backbone and Specialized Hardware
At its core, Sequestri is powered by a network of interconnected digital technologies that simulate, model, and analyze carbon storage projects from inception to operation. In addition to digital tools, the offering includes specialized hardware — subsurface safety valves, measurement instruments, and CO2-resistant cement systems like SLB’s EverCRETE — all designed specifically for CCS applications.
The launch followed the recent introduction of Electris, SLB’s digitally enabled electric well completions portfolio aimed at reducing costs and enhancing well performance.
Part of a Larger CCS Vision With Aramco and Linde
SLB’s launch of Sequestri also aligns with its broader CCS ambitions, including its agreement with Aramco and Linde to establish a carbon capture and storage hub in Jubail, Saudi Arabia. The project’s first phase is set to capture and store up to 9 million metric tons of CO2 annually by the end of 2027.
The CO2 will be transported via a pipeline network and stored in a saline aquifer, leveraging Saudi Arabia’s vast geological storage potential. The project supports Aramco’s goal to achieve net-zero Scope 1 and Scope 2 emissions by 2050 and reduce upstream carbon intensity by 15% within 2035.
SLB Positions Itself at the Core of Energy Transition
With the introduction of Sequestri, SLB is clearly signaling its intent to be a central technology enabler in the energy transition. The company’s expanding CCS and digital portfolios provide emitters and developers with integrated solutions that could play a pivotal role in scaling industrial decarbonization globally.
SLB’s Zacks Rank & Key Picks
Currently, SLB carries a Zack Rank #3 (Hold).
Investors interested in the energy sector may look at some better-ranked stocks like Subsea 7 S.A. SUBCY, Oceaneering International, Inc. OII and RPC Inc. RES. Subsea 7 presently sports a Zacks Rank #1 (Strong Buy), while Oceaneering Internationaland RPC carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Subsea 7 helps build underwater oil and gas fields. It is a top player in the Oil and Gas Equipment and Services market, which is expected to grow as oil and gas production moves further offshore.
The Zacks Consensus Estimate for SUBCY’s 2025 EPS is pegged at $1.31. The company has a Value Score of A.
Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. With a geographically diverse asset portfolio and a balanced revenue mix between domestic and international operations, the company effectively mitigates risk. As a leading provider of offshore equipment and technology solutions to the energy sector, OII benefits from strong relationships with top-tier customers, ensuring revenue visibility and business stability.
The Zacks Consensus Estimate for OII’s 2025 EPS is pegged at $1.79. The company has a Value Score of B.
RPC generates strong and stable revenues through a diverse range of oilfield services, including pressure pumping, coiled tubing and rental tools. The company is strongly committed to returning value to shareholders through consistent dividends and share buybacks. RPC’s current dividend yield is higher than that of the composite stocks in the industry. Its new Tier IV dual-fuel fleet has boosted profits, with plans to further expand high-efficiency equipment to enhance operational capabilities.
The Zacks Consensus Estimate for RES’ 2025 EPS is pegged at 38 cents. The company has a Value Score of A.
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Schlumberger Limited (SLB): Free Stock Analysis Report Oceaneering International, Inc. (OII): Free Stock Analysis Report RPC, Inc. (RES): Free Stock Analysis Report Subsea 7 SA (SUBCY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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