Schlumberger : SLB, Rockwell Automation, Sensia and Cognite Collaborate to Optimize Asset Performance of FPSOs

Disrupting conventional workflows with high-value, low-carbon digital solutions to accelerate an FPSO performance evolution

HOUSTON, May 1, 2023-SLB (NYSE: SLB), Rockwell Automation Inc. (NYSE: ROK), Sensia LLC and Cognite today announced a collaboration that will accelerate the evolution of the offshore industry's floating production storage and offloading (FPSO) facilities. Digital capabilities developed by the four-company coalition will improve the reliability, availability, safety and efficiency of these critical assets-all while lowering the carbon footprint of their offshore operations.

"Global energy demand continues to increase, and every part of the value chain is evolving to improve production and reduce emissions," said Steve Gassen, president, Production Systems, SLB. "As digital performance integrators, the power of this coalition comes from our collective knowledge, expertise, and belief that open collaboration will accelerate innovation and decarbonization. SLB will bring advanced digital solutions, subsurface domain expertise, and complex integration and project management capabilities to scale up efficiencies and lower the carbon footprint of operations across every stage of the FPSO life cycle."

The coalition integrates the entire data life cycle with targeted automation, analytics, simulation and visualization capabilities to enhance efficiencies in FPSO performance. This results in optimized equipment utilization and energy consumption, improved safety, reduced risks of equipment failure and unplanned downtime, plus better-informed strategic decision making.

"As the leading OEM module automation supplier, Rockwell brings to the coalition its expertise in control and safety systems for FPSOs, as well as extensive experience in power systems," said Frank Kulaszewicz, senior vice president, Lifecycle Services, Rockwell Automation. "We'll be complementing the advanced digital solution portfolio of the coalition, as well as bringing network and cybersecurity capabilities to the team."

SLB has been awarded a contract to develop and implement a control system and dynamic process simulation solution for Petrobras. This strategic multipurpose dynamic simulation (MPDS) solution is being developed in partnership with Inprocess Technology and Consulting Group, a worldwide leader in MPDS, and Sensia, the leading control system and automation specialist in oil and gas.

The MPDS solution will leverage SLB's expertise as an original equipment manufacturer (OEM) and in offshore construction and operations to provide an immersive digital twin environment to dynamically simulate operational processes and their control and automation systems, train personnel, and strengthen safety elements at five new FPSO units to be installed in Búzios Field in the Santos Basin.

About SLB

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 on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit rockwellautomation.com.

About Sensia

Sensia is the leading automation specialist in oil & gas production, transportation, and processing, with a team of 1,100+ experts serving customers globally. Headquartered in Houston, Texas, we bring together the pioneering process automation, real-time control and IoT technologies of Rockwell Automation, combined with the unmatched measurement and instrumentation, software, and analytics capabilities of SLB. To learn how we unify the sensing, intelligence and action of our oil and gas customers, visit sensiaglobal.com.

About Cognite

Cognite is a global industrial SaaS company that was established with a clear vision: to rapidly empower industrial companies with open, contextualized, trustworthy, and accessible data to help drive the full-scale digital transformation of asset-intensive industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion®, enables industrial data and domain users to collaborate quickly and safely to develop, operationalize, and scale industrial AI solutions and applications to deliver both profitability and sustainability. Visit us at www.cognite.com and follow us on Twitter and LinkedIn.

Media Contacts:

Moira Duff - Director of External Communications
SLB
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Chaya Jacobs
Director, Global Public Relations
Rockwell Automation
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Investor Relations Contacts:

James R. McDonald - Vice President of Investor Relations
Joy V. Domingo - Director of Investor Relations
SLB
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Aijana Zellner
Head of Investor Relations and Market Strategy
Rockwell Automation
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Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the U.S. federal securities laws - that is, statements about the future, not about past events. Such statements often contain words such as "expect," "may," "can," "estimate," "intend," "anticipate," "will," "potential," "projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.