---
title: "SCHLUMBERGER OILFIELD UK LIMITED - Payment Practices"
date: 2025-07-30
url: https://paymentcheck.co.uk/company-search/04157867/schlumberger-oilfield-uk-limited
description: "View payment practices for SCHLUMBERGER OILFIELD UK LIMITED. Average time to pay: 57 days."
---

# SCHLUMBERGER OILFIELD UK LIMITED

## Company Information

- **Company Number:** 04157867
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 9 February 2001
- **Registered Address:** Minerva, Manor Royal, Crawley, United Kingdom, RH10 9BU
- **Industry:** Professional Services
- **Region:** South East

## Payment Statistics

- **Average Time to Pay:** 57 days
- **Invoices Paid Within 30 Days:** 18%
- **Invoices Paid Between 31-60 Days:** 37%
- **Invoices Paid Later Than 60 Days:** 45%
- **Invoices Not Paid Within Agreed Terms:** 19%

## Payment Terms

- **Standard Payment Terms:** SLB`s standard default payment terms for all suppliers is 90 days
from the Receipt of the Supplier`s invoice. Payment is released to
supplier as per invoice Due Date provided that all invoice approval
conditions are met. These terms are explicitly stated and defined in the
contract templates and Terms and Conditions used with suppliers.
- **Shortest Payment Period:** 30 days
- **Longest Payment Period:** 90 days
- **Maximum Contractual Period:** 180 days

## Payment Practices

- **Payment Terms Changed:** The standard payment terms were increased from 70 to 90 days
- **Suppliers Notified of Changes:** Impacted suppliers were notified
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** True
- **Participates in Payment Codes:** No

## Dispute Resolution

Dedicated Accounts Payable service team plays a vital role in managing suppliers and internal escalations through ticketing system, ensuring the timely and high-quality resolution of issues.

## Summary

SCHLUMBERGER OILFIELD UK PLC is a leading global supplier of technology, integrated project management and information solutions to the oil and gas industry. They are committed to sustainable practices and have a strong sustainability program in place.\n\nTheir sustainability program focuses on reducing their environmental footprint, promoting health and safety, and supporting local communities. They have implemented various initiatives such as reducing greenhouse gas emissions, minimizing waste generation, and promoting renewable energy sources.\n\nThe company offers a wide range of products and services, including drilling services, well completion and stimulation, and production and reservoir engineering. They also provide digital solutions and software to improve operational efficiency and reduce environmental impact.\n\nSCHLUMBERGER OILFIELD UK PLC has a team of experienced and knowledgeable professionals who are dedicated to providing innovative solutions to their clients. Some key people in the company include Olivier Le Peuch (CEO), Mark Richard (CFO), and Khaled Al Mogharbel (President, Europe & Africa).\n\nTheir website address is www.slb.com and their registered office address is at Schlumberger House, Buckingham Gate, Gatwick, West Sussex, RH6 0NZ, United Kingdom. With their strong commitment to sustainability and innovative products and services, SCHLUMBERGER OILFIELD UK PLC continues to be a leader in the oil and gas industry.

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*Data sourced from official UK government payment practices reports. Last updated: 2025-07-30*