When was the partnership announced?

It was announced during SLB's Digital Investor Day on June 18, 2026.

How will AI impact the oil and gas sector?

It will improve drilling efficiency and reservoir behavior prediction, reducing costs and increasing productivity.

SLB and NVIDIA Partner to Transform Oil & Gas with AI

SLB (SLB) announced its collaboration with NVIDIA during its Digital Investor Day, with CEO Olivier Le Peuch explaining to CNBC's Jim Cramer how artificial intelligence is revolutionizing the oil and gas sector.

June 18, 2026

2 min read

Source: 24/7 Wall St.

SLB (NYSE: SLB) announced its partnership with NVIDIA during its Digital Investor Day on June 18, 2026. In an interview with CNBC's Jim Cramer, CEO Olivier Le Peuch explained how artificial intelligence is transforming the oil and gas industry into a more efficient and profitable sector.

Partnership Details

The collaboration between SLB and NVIDIA spans nearly two decades, but has now entered a new phase focused on AI applications in exploration and production. The partnership aims to improve drilling operations and predict reservoir behavior using advanced AI models.

Context

The announcement comes amid a rapid digital transformation in the energy sector, as major oil companies seek to reduce costs and increase productivity through modern technologies. SLB is a leading oilfield services provider, while NVIDIA dominates the graphics processing and AI space.

What It Means for Investors

The collaboration could enhance SLB's operational efficiency and boost revenue from digital services, potentially benefiting the stock in the long term. However, challenges remain, including oil price volatility and market competition.

Frequently Asked Questions

The partnership aims to use AI to improve exploration and production operations in oil and gas, and has been ongoing for nearly 20 years.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.