The company said in a January 30, 2024 press release that it is reaffirming its full-year 2024 financial guidance, or 2024 annual financial outlook.

8-KRegulation FD DisclosureFiled Jan 31, 2024Period of report Jan 30, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

The company said in a January 30, 2024 press release that it is reaffirming its full-year 2024 financial guidance, or 2024 annual financial outlook.
The company said it understands Saudi Aramco has kept its Maximum Sustainable Capacity (MSC) at 12 million barrels per day (MMBD) and will not continue increasing it to 13 MMBD.
The company said its understanding is that all ongoing oil and gas projects will remain intact and that only 2 offshore oil increment projects not yet started will be suspended.
The company said its outlook for significant growth in the Kingdom for 2024 remains intact. It also said its revenue mix in the Kingdom, which is weighted toward onshore and the expanding gas market, and its market position in other Middle East countries will support the region's multi-year growth cycle.

Summary

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

SLB Reaffirms 2024 Financial Guidance

The company said in a January 30, 2024 press release that it is reaffirming its full-year 2024 financial guidance, or 2024 annual financial outlook.

Source · Based on the filing body and exhibits

Saudi Aramco's Decision to Maintain MSC

The company said it understands Saudi Aramco has kept its Maximum Sustainable Capacity (MSC) at 12 million barrels per day (MMBD) and will not continue increasing it to 13 MMBD.

Source · Based on the filing body and exhibits

Ongoing Projects Intact, 2 Offshore Increment Projects to Be Suspended

The company said its understanding is that all ongoing oil and gas projects will remain intact and that only 2 offshore oil increment projects not yet started will be suspended.

Source · Based on the filing body and exhibits

Company View on Saudi 2024 Growth Outlook and Multi-Year Growth Cycle

The company said its outlook for significant growth in the Kingdom for 2024 remains intact. It also said its revenue mix in the Kingdom, which is weighted toward onshore and the expanding gas market, and its market position in other Middle East countries will support the region's multi-year growth cycle.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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