The world’s largest oilfield services company and the world’s largest oil company are partnering to develop a digital platform to help decarbonize hard-to-abate industrial sectors.


Schlumberger Ltd. and Saudi Arabian Oil Co. (Aramco) said this week that, “The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel to collect, measure, report and verify their emissions, while also evaluating different decarbonization pathways.”

The announcement came during the Schlumberger Digital Forum in Luzern, Switzerland, at which Aramco CEO Amin Nasser stressed the importance of oil and gas investment alongside the global transition to clean energy.

“Aramco and Schlumberger are hoping to draw on our long history of...