The investment-grade notes are due 2028 and 2033

Davis Polk advised the representatives of the underwriters in connection with an SEC-registered debt offering by Schlumberger Investment S.A. of $500 million aggregate principal amount of its 4.500% senior notes due 2028 and $500 million aggregate principal amount of its 4.850% senior notes due 2033. The notes are fully and unconditionally guaranteed by Schlumberger Limited, the parent company of the issuer.

Schlumberger is a global technology company driving energy innovation for a balanced planet. With a global presence in more than 100 countries and employees representing almost twice as many nationalities, Schlumberger works each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.

The Davis Polk capital markets team included partner Byron B. Rooney and associate Jonathan I. Stempel. Partner Michael Farber and associate Eitan Ulmer provided tax advice. Counsel Michael Comstock provided environmental advice. Partner David R. Bauer and associate S. Dream Montgomery provided intellectual property and data privacy advice. All members of the Davis Polk team are based in the New York office.