9.

1 Corporate Profile

Schlumberger
Schlumberger is the world's leading provider of technology for reservoir characterization, drilling,
production, and processing to the oil and gas industry. Working in more than 85 countries and employing
approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's
most comprehensive range of products and services, from exploration through production, and
integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance.

Schlumberger Limited has principal offices in Paris, Houston, London, and The Hague, and reported
revenues of $30.44 billion in 2017. Schlumberger stock is listed on the New York Stock Exchange, ticker
symbol SLB, on the Euronext Paris, Euronext Amsterdam, London, and the SIX Swiss stock exchanges.

Organization
Schlumberger operates in each of the major oilfield service markets, managing its business through
nineteen Product Lines. Each Product Line consists of a number of products, services or technologies.
These technologies cover the entire life cycle of the reservoir and correspond to a number of markets in
which Schlumberger holds leading positions. The role of the Product Lines is to support Schlumberger in
providing the best possible service to customers and to ensure that Schlumberger remains at the
forefront of technology development and services integration.

Schlumberger Product Lines

Reservoir & Infrastructure Wells
Drilling Systems (DRL) Artificial Lift Solutions (ALS)
OneSubsea (OSS) Bits & Drilling Tools (BDT)
OneSurface (OSF) Completions (CPS)
Schlumberger Land Rigs (SLR) Drilling & Measurements (DM)
Software Integrated Solutions (SIS) Integrated Drilling Services (IDS)
Surface Systems (SUR) Integrated Services Management (ISM)
Valves and Measurement (V&M) M-I SWACO (SMIS)
WesternGeco (WG) Schlumberger Production Management (SPM)
Testing Services (TS)
Well Services (WS)
Wireline (WL)

Schlumberger’s business is also reported through four geographic areas: North America, Latin America,
Europe/CIS/Africa, and Middle East & Asia. Within these geographic areas, a network of 16 GeoMarket
regions provides logistical, technical, and commercial coordination.

The GeoMarket regions’ structure offers customers a single point of contact at the local level for field
operations and brings together geographically focused teams to meet local needs and deliver
customized solutions. The GeoMarket regions are responsible for providing the most efficient and cost-
effective support possible to the operations.
Schlumberger Organization
Chairman & CEO
Paal Kibsgaard

EVP EVP
EVP EVP EVP EVP President
Chief Financial Reservoir &
Technology Wells Eastern Hemisphere Western Hemisphere NAL Production
Officer Infrastructure
Ashok Belani Patrick Schorn Khaled Al Mogharbel Aaron Gatt Floridia Abdellah Merad
Simon Ayat Olivier Le Peuch

EVP
Corporate 4.0 Platforms OneSubsea WL RCA HSE HR
President
NAL
Engagement Demos Pafitis Mike Garding Djamel Idri Gokhan Saygi Lees Rodionov NAL Drilling

Schlumberger-Private
Jim Andrews Richard de Moucheron
Stephanie Cox
J F Poupeau Digital V&M TS SCA Finance SSO NAO
Chetan Desai Justin Rounce Lane Walker Atle Nottveit Kevin Fyfe Karim Malash Donald Ross

Engineering Drilling Systems WS

VP Eric Lavrut Hunter Jones James McDonald
EUR Legal S&C MCA
Gwenola Boyault Francesca Maestroni Steve Kaufmann Jesus Lamas
Human Resources
Hinda Gharbi Manufacturing Surface Systems CPL
NAF OSP OSD VEN
Cecilia Prieto Stefan Radwanski Rakesh Jaggi Abelardo Gallo Jim Cushnie
Zied Ben Hamad Juan Carlos Cuervo

TLM SLR ALS CIO

SSA LAN
Phil Ward Arindam Bhattacharya Sherif Shohdy Eric Abecassis
Ndubuisi Maduemezia Carlos Sarmiento
Secretary &
General Counsel WG D&M
Tarek Rizk KSA LAS
Maurice Nessim
Alex Juden Ziad Jeha Gustavo Medele

SIS M-I SWACO

Gavin Rennick Sameh Hanna EME
Ghassan Mirdad
VP OneSurface BDT
OPRM Mohamed Kermoud Robert Onyejekwe NME
Maen Razouqi
Guy Arrington SPM
Tony Bowman SEA
Mohsin Al Hadhrami
IDS
Kyel Hodenfield FEA
Rob Algie
ISM
Hisham Abou El Azm

Schlumberger-Private
Competitive Advantage
Schlumberger offers its customers four key advantages:

• Deep domain knowledge of exploration and production operations gained through more than 90
years of experience
• The service industry's longest and most comprehensive commitment to technology and innovation
• A global reach in more than 85 countries coupled to strong local experience and the diversity in
thought, background, and knowledge that more than 140 nationalities bring
• A commitment to excellence in service delivery anytime, anywhere.

Leading-Edge Technology and Modern Manufacturing

The company was founded by the two Schlumberger brothers who invented wireline logging as a
technique for obtaining downhole data in oil and gas wells. Today, it continues to build on the industry's
longest track record of providing leading-edge E&P technology to develop new advancements—from
reservoir to surface. Schlumberger has always invested significant time and money on new
technologies as a long-term strategy to support and grow its leadership position. New digital
technologies now constitute a significant portion of this effort and complement the company’s long-
standing strength in domain science and hardware engineering. In 2017, Schlumberger invested close to
$800 million in technology development for our oilfield activities. In addition to technology development,
modern manufacturing methods such as robotics and automation are important focus areas and are a
key contributor to our delivery and quality performance.

Schlumberger Products and Services

The Schlumberger offerings combine domain expertise, best practices, safer and environmentally sound
well site operations, innovative technologies, and high-quality support aimed at helping its customers
increase oilfield efficiency, lower finding and producing costs, improve productivity, maximize reserve
recovery, and increase asset value in a safer, environmentally sound manner.

Today, Schlumberger products and services include geophysical services; open-hole and cased-hole
wireline logging; well testing; logging-while-drilling, directional-drilling services, and surface data (mud)
logging; drilling pressure control; drill bits; drilling and completion fluids; solids control and waste
management; drilling rig equipment; surface equipment; subsea equipment; artificial lift; well services,
such as cementing, coiled tubing, stimulation, and sand control; and well completion products and
services.

In addition to these products and services, Schlumberger provides customers with various levels of
services integration. The first level of integration we offer is Integrated Services Management, where
our specially trained project managers provide scheduling, planning, and activity coordination for the
various Schlumberger product lines involved in the project. Within this offering, the improved planning
and preparation driven by our project managers is consistently converted into better quality and HSE
performance compared to our single-product-line contracts. The next level of the offering involves our
Integrated Drilling Services (IDS) and Integrated Production Services (IPS) offerings where we house a
large part of our project management, engineering design, and technical optimization capabilities as
typically used in fully performance-based contracts.
As the industry's focus is moving toward maximizing post-plateau production and ultimate recovery, oil
and gas companies are challenged by more and more resource-intensive projects. Schlumberger
Production Management (SPM) creates alignment between Schlumberger and the asset holder and/or
the operator whereby Schlumberger receives remuneration in line with its value creation. These
projects are generally focused on developing and co-managing production of customer assets under
long-term agreements. Schlumberger will invest its own services and products, and in some cases cash,
into the field development activities and operations. Although in certain arrangements Schlumberger is
paid for a portion of the services or products it provides, generally the company will not be paid at the
time of providing its services or upon delivery of its products. Instead, it is generally compensated based
upon cash flow generated or on a fee-per-barrel basis. This includes certain arrangements whereby
Schlumberger is only compensated based upon incremental production that it helps deliver above a
mutually agreed baseline. SPM represented less than 5% of Schlumberger’s consolidated revenue for
the year ended December 31, 2017.

Strong technical expertise and operational support to the field is vital to the success of any complex
global operation that includes remote locations. The key is to provide real-time linkage with world-class
experts and knowledge, delivering the latest and best problem-solving capabilities—anywhere, anytime.
The company's InTouchsupport.com knowledge management tool improves field access to
Schlumberger technology centers through the most advanced IT tools, 24 hours a day, seven days a
week.

Enhancing core E&P operations to improve production, increase reserves, and drill better wells requires
the integration of innovative information technology. Software Integrated Solutions (SIS) sells
proprietary software and provides consulting, information management, and IT infrastructure services to
customers in the oil and gas industry. SIS also offers expert consulting services for reservoir
characterization, field development planning, and production enhancement, as well as industry-leading
petrotechnical data services and training solutions.

Building on Schlumberger’s domain expertise and its leadership in hardware and software, the company
is also developing new software and a digital technology foundation that removes barriers between
disciplines to create seamless digital workflows for all E&P domains. Digital enablement permeates
everything Schlumberger does—from research and engineering, manufacturing, operations, and
maintenance and resource planning. Schlumberger is already capitalizing internally on the value
unlocked by digital enablement. In addition, value from new digital workflows will be increasingly shared
between Schlumberger and its customers as the company commercializes new technologies and further
enables existing products and services.

Commitment to Health, Safety and the Environment

Schlumberger operates in many varied and often challenging geographical environments. An
unwavering commitment has always been maintained to the highest standards of the health and safety
of our employees, customers, and contractors, as well as for the protection of the environment in the
communities in which we live and work. The long-term business success of Schlumberger depends on
our ability to ensure that HSE remains a top priority for all employees and contractors. The
Schlumberger HSE policy and diverse standards are applied throughout the company. Each employee
must maintain up-to-date certifications in essential HSE training courses through both traditional
classroom and online interactive learning. Our driving safety-training program is one example of our HSE
success.