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The Nexus
BUSINESSJul 24 · 07:00 UTCFORTUNEJordan Blum

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

SLB, a $70 billion oil services company founded by the Schlumberger brothers in 1926, is positioned to benefit from oil exploration recovery in the Middle East and Venezuela. The company partners with entities like Saudi Aramco and ADNOC, and its longevity in volatile markets positions it to profit from post-Strait of Hormuz energy sector growth.

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