Schlumberger moves technology chief to head of 'new energy' division

▤ Summary

In a Friday morning filing with the Securities and Exchange Commission, Schlumberger reported that Executive Vice President of Technology Ashok Belani switched roles Feb. 11 to become executive vice president of Schlumberger New Energy. Schlumberger Senior Vice President Demosthenis Pafitis is stepping into Belanis previous role as the companys new chief technology officer. Headquartered in Paris but with principal offices in Houston, Schlumberger is the largest oilfield service company in the world, with 105,000 employees around the globe. Belanis new role and the companys new division come as the oil and natural gas industry is trying to curb emissions blamed on climate change and adapt to the mass adoption of renewable energy sources such as wind and solar. In a November, Houston oilfield service company Baker Hughes appointed Allyson Book to the newly created role of vice president of energy transition.

▦ Linked Companies

SLB

$1B+