HOUSTON - Schlumberger Limited ('Schlumberger') today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger ('SISA'), has priced the previously announced cash tender offer for any and all of SISA's outstanding 3.300% Senior Notes due 2021 (the 'Notes'), on the terms and subject to the conditions set forth in the Offer to Purchase dated June 17, 2020 (as may be amended or supplemented from time to time, the 'Offer to Purchase') and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (as may be amended or supplemented from time to time, the 'Notice of Guaranteed Delivery').

The tender offer is referred to as the 'Offer.' The Offer to Purchase and the Notice of Guaranteed Delivery are referred to together as the 'Offer Documents.'

Cautionary Statement Regarding Forward-Looking Statements

This press release contains 'forward-looking statements' within the meaning of the federal securities laws - that is, statements about the future, not about past events. Such statements often contain words such as 'expect,' 'may,' 'believe,' 'plan,' 'estimate,' 'intend,' 'anticipate,' 'should,' 'could,' 'will,' 'see,' 'likely,' and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as statements regarding the terms and timing for completion of the Offer, including the acceptance for purchase of any Notes validly tendered and the expected Expiration Time and Settlement Date thereof. Schlumberger and SISA cannot give any assurance that such statements will prove correct. These statements are subject to, among other things, the risks and uncertainties detailed in Schlumberger's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the Securities and Exchange Commission. Actual outcomes may vary materially from those reflected in Schlumberger's forward-looking statements. The forward-looking statements speak only as of the date of this press release, and both Schlumberger and SISA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

Contact:

Simon Farrant

Tel: +1 (713) 375-3535

Email: investor-relations@slb.com

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