# Schlumberger

Schlumberger is a Pension Fund based in Crawley, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Crawley, United Kingdom
- **Region:** Europe
- **Address:** Crawley, United Kingdom
- **Founded:** 1926
- **Assets under management:** Undisclosed
- **Website:** slb.com
- **LinkedIn:** linkedin.com/company/schlumberger-sa

## Regulatory record

- **Reports private funds:** No

## About

Schlumberger was founded in 1926 by Conrad and Marcel Schlumberger in Paris, pioneering subsurface measurement technology that would become the backbone of modern oil and gas exploration. Today the company is incorporated in Curaçao with principal executive offices in Houston, though its pension fund remains anchored in Crawley, United Kingdom. The wealth backing the pension plan derives from nine decades of oilfield-services dominance — a business that reported roughly $33 billion in revenue in 2023 — not from a single family's liquidated proceeds. The Schlumberger family's legacy runs through high-profile cultural institutions like the Menil Collection in Houston, founded by Conrad's daughter Dominique de Menil, but the corporate pension vehicle is structurally separate from any family office. The pension fund pursues a venture-capital-driven strategy, allocating to funds and direct investments that align with the parent corporation's technical expertise. Its known investment posture targets industrial technology, subsurface science, and energy-transition ventures — sectors where Schlumberger's engineering workforce and global operating footprint provide sourcing advantages. It operates alongside Schlumberger's commercial real estate footprint in Texas, including the Sugar Land Campus and the Reservoir Completions Center in Rosharon, though these are held at the corporate rather than pension-fund level. Schlumberger's institutional relationships extend into the World Economic Forum, the American Petroleum Institute, and the Council on Foreign Relations — memberships that position the pension team to source deals at the intersection of policy, energy, and deep tech. The fund's Crawley headquarters sits near London's institutional capital markets, while its Texas offices give it proximity to North America's energy-investment ecosystem. In addition to its venture commitments, the pension plan participates in corporate-defined-benefit allocations that likely span public equities, fixed income, and real assets, though the exact AUM and deployment figures are not publicly disclosed (public record, 2024). What distinguishes Schlumberger's pension arm from standard corporate retirement plans is its deep technical adjacency to a global engineering organization. When the fund evaluates an industrial-tech startup, it can call on subject-matter experts who have deployed sensor arrays in ultra-deepwater wells or built digital-twin models of reservoirs. This hybrid structure — a DB plan that behaves like a strategic corporate-venture unit — gives it a sourcing and diligence edge that few institutional allocators can replicate. The governance sits within a publicly traded company framework, not a private family office, which imposes transparency and fiduciary constraints that shape the fund's pacing and partnership selection.

## Sectors

- Energy Transition & Renewables
- Industrial Tech
- Venture Capital

## Offices

- Houston, TX, United States
- Sugar Land, TX, United States
- Rosharon, TX, United States

## People

- Olivier Le Peuch — CEO

## Related profiles

- [Schlumberger Pension Fund](https://altss.com/profile/schlumberger-pension-fund)
- [Schneider Electric Holdings Master Trust](https://altss.com/profile/schneider-electric-holdings-inc-master-trust)

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Last updated: 2026-08-11T02:43:31.692Z

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