SLB to Sell Palliser Block Assets in Alberta by Late Q4 2024

SLB (SLB) , an American oilfield services company, announced a definitive agreement to sell its interests in the Palliser Block in Alberta, Canada. The deal marks another strategic move by SLB to streamline its portfolio and sharpen its focus on technology-driven energy solutions.Details of SLB’s Palliser Block AssetsThe Palliser Block comprises oil and gas wells, surface facilities, a pipeline network, and oil and gas development rights across approximately 800,000 acres. In 2017, SLB acquired these assets ...