SLB and Palo Alto Networks Join Forces to Fortify Cybersecurity in the Energy Industry

SLB and Palo Alto Networks Expand Partnership to Enhance Cybersecurity in the Energy Sector

SLB (NYSE: SLB), a leading global energy technology provider, and Palo Alto Networks (NASDAQ: PANW), a top-tier cybersecurity innovator, have announced an expanded alliance aimed at bolstering cybersecurity within the energy sector.

This enhanced collaboration will see SLB integrate its advanced cloud and edge technologies, along with its deep expertise in energy, with Palo Alto Networks’ robust, cross-sector cybersecurity solutions. This partnership is designed to not only fortify SLB’s internal security framework but also to pioneer next-generation solutions that address emerging cyber threats as the industry’s shift towards digitalization and artificial intelligence progresses.

Olivier Le Peuch, CEO of SLB, emphasized the critical role of cybersecurity in the digital evolution of the energy sector: “As our industry embraces digital transformation, maintaining robust cybersecurity becomes essential for our operations and the solutions we offer. This expanded partnership will enable us to further cement our role as the preferred digital partner for our customers.”

Under this collaboration, SLB will incorporate Palo Alto Networks’ Precision AI™-driven cybersecurity platforms, such as Prisma® SASE, Prisma Cloud, and Cortex XSIAM®, into its technology infrastructure. This integration will enhance security across SLB’s network, cloud, and edge systems, ensuring a secure environment for thousands of users on SLB’s Delfi™ digital platform. The two companies will also co-develop solutions tailored for edge products and services, essential for the industry’s shift towards more automated and autonomous operations.

Nikesh Arora, Chairman and CEO of Palo Alto Networks, highlighted the benefits of platformization: “By adopting a platform-based approach, organizations can streamline management, reduce total cost of ownership, and improve security outcomes. We applaud SLB for its visionary approach to securing the future of the energy sector with innovative solutions. Our shared commitment to IT transformation and critical infrastructure protection will help us build a secure and resilient energy ecosystem.”

About Palo Alto Networks

Palo Alto Networks stands at the forefront of global cybersecurity, dedicated to making each day safer with advanced, AI-driven solutions across network security, cloud security, and security operations. Our Precision AI technology ensures accurate threat detection and rapid response, enhancing security while minimizing false positives. Our platformization strategy merges various security solutions into a cohesive, scalable platform, simplifying management and boosting operational efficiency. We empower businesses to achieve Zero Trust security and confidently navigate digital transformation amidst an ever-evolving threat landscape. Recognized for our security and innovation, we are also honored as a top employer, with accolades from Newsweek and other organizations. Learn more at www.paloaltonetworks.com.

About SLB

SLB (NYSE: SLB) is a global technology leader in energy innovation, committed to advancing solutions for a balanced planet. Operating in over 100 countries with a diverse workforce, SLB focuses on oil and gas innovation, large-scale digital solutions, industrial decarbonization, and new energy systems to drive the energy transition. Discover more at slb.com.

Media Inquiries:

Nicole Hockin – VP Global Communications
Palo Alto Networks
nhockin@paloaltonetworks.com

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

Investor Relations:

Ryan Fenwick – Sr. Manager – Investor Relations
Palo Alto Networks
ir@paloaltonetworks.com

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

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