The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies. This innovative partnership paves the way for both companies to make strong inroads in carbon solutions.
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Schlumberger New Energy, the CEA and Partners Announce Appointment of CEO of Genvia, a Clean Hydrogen Production Technology Venture
February 8, 2021 GMT
PARIS (BUSINESS WIRE) Feb 8, 2021
Schlumberger New Energy, the CEA and partners have announced Florence Lambert as the CEO of the Genvia clean hydrogen production technology venture, effective March 1, 2021. Florence brings more than 20 years of experience in new energy technologies and was previously CEO of CEA-LITEN in Grenoble, France.
“Florence has been a respected voice at the forefront of energy transition technology development for a number of years. We are delighted that she has chosen to bring her experience and passion to the leadership of Genvia. We believe that hydrogen is a critical energy carrier that will enable countries to meet their decarbonization ambitions,” said Ashok Belani, Executive Vice President Schlumberg
Schlumberger Limited: Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results
Fourth-quarter GAAP EPS, including charges and credits, was $0.27
Fourth-quarter EPS, excluding charges and credits, of $0.22 increased 37% sequentially
Fourth-quarter cash flow from operations was $878 million and free cash flow was $554 million
Quarterly cash dividend of $0.125 per share approved
Schlumberger Limited (NYSE: SLB) today reported results for the fourth-quarter and full-year 2020.
Fourth-Quarter Results
Three Months Ended
$471
$374
$0.27
$309
$0.22
-33% These are non-GAAP financial measures. See sections titled Charges Credits , Divisions , Geographical , and Supplemental Information for details.
n/m not meaningful
Schlumberger CEO Olivier Le Peuch commented, We concluded the year posting very strong fourth-quarter results, as we leveraged the industry recovery, which has now commenced. Fourth-quarter revenue grew 5% sequentially, driven by strong activi