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SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 		 
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1. Name and Address of Reporting Person*
Le Peuch Olivier
(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR
(Street)
HOUSTON TX 77056
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2017 		3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LIMITED/NV [ SLB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President Cameron Group
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 Par Value Per Share 45,931 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy) (1) 04/16/2025 Common Stock, $0.01 Par Value Per Share 5,450 91.74 D
Incentive Stock Option (Right to Buy) 04/20/2021 04/20/2026 Common Stock, $0.01 Par Value Per Share 1,241 80.525 D
Non-Qualified Stock Option (Right to Buy) (2) 04/18/2023 Common Stock, $0.01 Par Value Per Share 30,000 70.925 D
Non-Qualified Stock Option (Right to Buy) (3) 04/16/2024 Common Stock, $0.01 Par Value Per Share 30,000 100.555 D
Non-Qualified Stock Option (Right to Buy) (1) 04/16/2025 Common Stock, $0.01 Par Value Per Share 18,550 91.74 D
Non-Qualified Stock Option (Right to Buy) (4) 04/20/2026 Common Stock, $0.01 Par Value Per Share 28,759 80.525 D
Non-Qualified Stock Option (Right to Buy) 04/17/2013 04/17/2018 Common Stock, $0.01 Par Value Per Share 20,000 93.97 D
Non-Qualified Stock Option (Right to Buy) 01/22/2014 01/22/2019 Common Stock, $0.01 Par Value Per Share 15,000 37.845 D
Non-Qualified Stock Option (Right to Buy) 01/21/2015 01/21/2020 Common Stock, $0.01 Par Value Per Share 15,000 68.505 D
Non-Qualified Stock Option (Right to Buy) 07/22/2015 07/22/2020 Common Stock, $0.01 Par Value Per Share 30,000 61.07 D
Non-Qualified Stock Option (Right to Buy) 01/20/2016 01/20/2021 Common Stock, $0.01 Par Value Per Share 27,000 83.885 D
Non-Qualified Stock Option (Right to Buy) 01/19/2017 01/19/2022 Common Stock, $0.01 Par Value Per Share 30,000 72.11 D
RSU (Restricted Stock Unit) (5) (5) Common Stock, $0.01 Par Value Per Share 12,000 0(6) D
RSU (Restricted Stock Unit) (7) (7) Common Stock, $0.01 Par Value Per Share 4,100 0(6) D
RSU (Restricted Stock Unit) (8) (8) Common Stock, $0.01 Par Value Per Share 10,000 0(6) D
Explanation of Responses:
1. This option is exercisable in five equal annual installments beginning on April 16, 2016.
2. This option is exercisable in five equal annual installments beginning on April 18, 2014.
3. This option is exercisable in five equal annual installments beginning on April 16, 2015.
4. This option is exercisable in five installments as follows: 6,000 shares on April 20, 2017, 2018, 2019 and 2020, and 4,758 shares on April 20, 2021.
5. The restricted stock unit award was granted October 16, 2014 and vests 100% on October 16, 2017.
6. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
7. The restricted stock unit award was granted April 20, 2016 and vests 100% on April 20, 2019.
8. The restricted stock unit award was granted July 20, 2016 and vests 100% on July 20, 2019.
/s/ Grace B Holmes, Attorney-in-Fact 03/08/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
SCHLUMBERGER LIMITED POWER OF ATTORNEY


       The undersigned, in his capacity as a director or officer, or both, of
Schlumberger Limited, a Cura?ao corporation (the ?Company?), does hereby
appoint each of Grace Holmes, Saul Laureles and Matthew Rinegar, or either
any of them acting singly, his true and lawful attorney-in-fact with full power
of substitution, to (a) prepare, execute in the undersigned?s name and on the
undersigned?s behalf, and submit to the U.S. Securities and Exchange
Commission (the ?SEC?) a Form ID, including amendments thereto, and any
other documents necessary or appropriate to obtain codes, passwords and
passphrases enabling the undersigned to make electronic filings with the SEC
of reports required by Section 16(a) of the Securities Exchange Act of 1934,
as amended (the ?Exchange Act?), or any rule or regulation of the SEC; and (b)
execute for and on behalf of the undersigned, in the undersigned?s capacity
as a director or officer, or both, of the Company, Forms 3, 4 and 5 in
accordance with Section 16 of the Exchange Act, as well as Forms 144, and
complete and execute any amendment or amendments thereto, and to file the
same or cause the same to be filed with the SEC.


       This Power of Attorney supersedes any and all prior and existing
powers of attorney signed by the undersigned with respect to the subject
matter hereof, and shall remain in full force and effect until the undersigned
is no longer required to file Forms 3, 4, 5 or 144 with respect to the
undersigned?s holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.



March 3, 2017

/s/ Olivier Le Peuch

Olivier Le Peuch