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SLB expects additional $10 billion in annual digital spending by 2030

SLB expects additional $10 billion in annual digital spending by 2030

- Oilfield services provider SLB SLB.N said on Wednesday that it expects to incur an additional $10 billion in annual digital spends by 2030.

At its Digital Investor Day, the company said that with accelerated adoption of artificial intelligence, the total digital market could reach as much as $50 billion by 2030.


(Reporting by Pooja Menon in Bengaluru; Editing by Diti Pujara)

((Pooja.Menon@thomsonreuters.com;))

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