SLB Collaborates with Qualcomm on Edge AI Solutions for Energy Operations

Key Terms

edge computing technical

Edge computing is a technology that processes data close to where it is generated, such as sensors or devices, rather than sending it all to a distant central location. This allows for faster decision-making and reduces delays, much like having a local office handle urgent matters instead of waiting for instructions from a main headquarters. For investors, it signifies improved efficiency and real-time insights, which can enhance the performance of technology-dependent industries.

edge ai technical

Edge AI refers to artificial intelligence systems that process data directly on local devices or nearby servers rather than sending information to distant data centers. This allows for faster decision-making and real-time responses, similar to how a home security camera can instantly detect motion without needing to connect to a remote server. For investors, edge AI represents a growing trend toward more efficient, responsive technology that can create new opportunities across various industries.

iot technical

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

operational technology technical

Operational technology is the physical equipment and specialized software that directly control machines, sensors and processes in factories, energy grids, transportation systems and buildings — think of it as a facility’s control panel and nervous system. Investors care because problems, upgrades or cyberattacks in this area can halt production, raise costs, require large capital spending, or trigger safety and regulatory issues that affect revenue and valuation.

information technology technical

Information technology is the collection of computers, software, networks and data systems that organizations use to create, store, move and analyze digital information—like the nervous system that connects a company’s people, products and records. For investors it matters because IT shapes how fast and cheaply a business can operate, how well it serves customers, and how vulnerable it is to outages or cyberattacks; upgrades or failures can meaningfully affect costs, revenues and valuation.

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Collaboration combines edge computing and energy workflows to support real-time operational decision-making

HOUSTON--(BUSINESS WIRE)-- Global energy technology company SLB (NYSE: SLB) today announced a memorandum of understanding with Qualcomm Technologies, Inc. to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems.

The collaboration combines Qualcomm Technologies’ low-power edge computing and AI processing capabilities, with SLB’s Agora™ edge AI and IoT solutions developed for remote and operationally complex environments.

“Together, SLB and Qualcomm Technologies aim to help operators apply AI more effectively across energy infrastructure,” said Rakesh Jaggi, president, Digital, SLB. “Many energy operations rely on real-time decision-making in remote environments where connectivity and responsiveness directly affect performance. AI systems designed around the realities of energy operations can help support more consistent and autonomous workflows across those environments.”

Energy operators are increasingly adopting automation and autonomous workflows across production environments, driving demand for agentic AI systems that can run closer to operations rather than relying solely on centralized systems. In remote energy infrastructure where connectivity, latency and operational continuity are critical, bringing AI closer to equipment and operational workflows can help support more responsive and resilient operations. This collaboration is expected to help operators modernize legacy operational environments while strengthening cybersecurity across operational technology layers.

“Many industrial environments require AI systems that can operate with limited power, constrained connectivity, separation between operational technology and information technology environments, and real-time operational demands,” said Nakul Duggal, EVP and Group GM, Automotive, Industrial and Embedded IoT, and Robotics, Qualcomm Technologies, Inc. “This collaboration brings Qualcomm Technologies’ low-power AI processing closer to energy operations, alongside operating assets, helping enable edge intelligence for new use cases and supporting progress toward more autonomous workflows."

The companies will focus on enabling AI applications across production operations using SLB’s digital production solutions and energy domain expertise together with Qualcomm Technologies’ low-power edge computing capabilities. The collaboration reflects growing industry interest in bringing AI closer to operations to support more autonomous and resilient energy systems.

Key Points:

• SLB and Qualcomm Technologies are collaborating to support Edge AI deployment across energy operations, enabling real-time operational decision-making across wells, facilities and production systems.
• The collaboration combines Qualcomm Technologies’ low-power edge computing and AI processing capabilities with SLB’s Agora™ edge AI and IoT solutions portfolio developed for remote and operationally complex environments.
• Energy operators are increasingly adopting automation and autonomous workflows across production environments, driving demand for agentic AI systems that can run closer to operations rather than relying solely on centralized systems.
• The collaboration reflects growing industry interest in bringing AI closer to operations to support more autonomous and resilient energy systems.

About SLB

SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. 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.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260609591688/en/

Media
Josh Byerly – SVP of Global Communications
Moira Duff – Director of External Communications
SLB
Tel: +1 (713) 375-3407
media@slb.com

Investors
James R. McDonald – SVP of Investor Relations & Industry Affairs
Joy V. Domingo – Director of Investor Relations
SLB
Tel: +1 (713) 375-3535
investor-relations@slb.com

Source: SLB