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SLB acquires HydraWell for enhanced well services
PUBLIC · SLBAug 04, 2026•5 days ago
Acquiring Company
SLB
Acquired Company
HydraWell Intervention AS
NorwayNorwayEnergyOil And GasSoftwareRenewable EnergyEnergyOil And Gas
Description
SLB has successfully acquired HydraWell Intervention AS, enhancing its well intervention and decommissioning portfolio with innovative P&A technology. This acquisition is a strategic move to integrate HydraWell's proprietary PWC technology, improving cost and operational efficiencies for customers. The combined strengths of both companies position them to lead in the growing market for responsible well decommissioning.
Company Information
Company
SLB
Location
Norway
About
SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day to decarbonize oil and gas and develop scalable new energy technologies to accelerate the energy transition. Find out more at slb.com.
Norway