SD
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

 

 

SPECIALIZED DISCLOSURE REPORT

 

 

SLB N.V. (SLB LIMITED)

(Exact name of registrant as specified in its charter)

 

 

 

Curaçao   1-4601   52-0684746
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

42 rue Saint-Dominique  
Paris, France   75007
5599 San Felipe  
Houston, Texas, U.S.A.   77056
Parkstraat 83  
The Hague, The Netherlands   2514 JG
(Addresses of principal executive offices)   (Zip Codes)

Dianne B. Ralston

Chief Legal Officer and Secretary

(713) 513-2000

(Name and telephone number, including area code, of the person to contact in connection with this report.)

 

 

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

 

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1, 2025 to December 31, 2025.

 

Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025.

 

 
 


Section 1 — Conflict Minerals Disclosure

Items 1.01 and 1.02 Conflict Minerals Disclosure and Report; Exhibit

Not applicable.

Section 2 — Resource Extraction Issuer Disclosure

Item 2.01 Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuer

The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

Section 3 — Exhibits

Item 3.01 Exhibits

Exhibit 2.01 – SLB Reports on Payments to Governments for the year ended December 31, 2025.

* * * * *


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

 

SLB LIMITED
/s/ Dianne Ralston
Dianne Ralston
Chief Legal Officer and Secretary

Date: August 7, 2026

EX-2.01
2.01 SDfalse0000087347SLB LIMITED/NV2025-12-31USDNR 0000087347 2025-01-01 2025-12-31 0000087347 slb:ComabarBariteMember 2025-01-01 2025-12-31 0000087347 slb:MoroccoRabatSaleKenitraMember 2025-01-01 2025-12-31 0000087347 slb:DuntanlichBariteMember 2025-01-01 2025-12-31 0000087347 slb:FossMineBariteMember 2025-01-01 2025-12-31 0000087347 slb:UnitedKingdomScotlandPerthAndKinrossMember 2025-01-01 2025-12-31 0000087347 slb:MountainSpringsBariteMember 2025-01-01 2025-12-31 0000087347 slb:ClaytonValleyLithiumMember 2025-01-01 2025-12-31 0000087347 slb:BigBirdBariteMember 2025-01-01 2025-12-31 0000087347 slb:GreystoneMineBariteMember 2025-01-01 2025-12-31 0000087347 slb:UnitedStatesNevadaMember 2025-01-01 2025-12-31 0000087347 country:GB slb:RevenueScotlandLbttRefundRegsOfScotlandFeesAssignationsForLeasesMember 2025-01-01 2025-12-31 0000087347 country:GB slb:HealthAndSafetyExecutiveMember 2025-01-01 2025-12-31 0000087347 country:MA 2025-01-01 2025-12-31 0000087347 country:MA slb:GeneralTaxAdministrationMember 2025-01-01 2025-12-31 0000087347 country:MA slb:OfficeNationalDesHydrocarburesEtDesMinesMember 2025-01-01 2025-12-31 0000087347 country:GB 2025-01-01 2025-12-31 0000087347 country:GB slb:ForestryCommissionOfScotlandMember 2025-01-01 2025-12-31 0000087347 country:GB slb:ScottishEnvironmentProtectionAgencyMember 2025-01-01 2025-12-31 0000087347 country:GB slb:PerthKinrossCouncilMember 2025-01-01 2025-12-31 0000087347 country:US 2025-01-01 2025-12-31 0000087347 country:US slb:BureauOfLandManagementMember 2025-01-01 2025-12-31 iso4217:USD
Exhibit 2.01
This report presents payments made by SLB Limited and its consolidated subsidiaries (“SLB”) to the United States (U.S.) federal government and
non-U.S.
governments for the purpose of the commercial development of minerals during the fiscal year ended December 31, 2025.
Payments
Payments, net of refunds, are disclosed on a cash basis according to the year during which the payment was made (rather than on an accrual basis). Only payments of the types defined within Section 13(g) of the Securities Exchange Act of 1934, as amended, and Rule
13q-1
and Form SD promulgated thereunder (collectively, the “Rules”) and for which SLB made payments during the reporting period are presented.
All payments were made by the Well Construction Division, except for payments relating to the Clayton Valley project, for which payments were made by SLB New Energy, which is included in the “All Other” category in SLB’s segment reporting.
Currency
All payments are reported in U.S. dollars (USD), which is SLB’s reporting currency. Where a payment or series of payments is less than the equivalent of $100,000, such payments have been excluded (in line with the Rules). Payments made in other currencies have been converted into USD by converting the payment at the exchange rate existing at the time the payment was made.
Projects
Payments are grouped into projects, which, in accordance with the Rules, are defined as the combination of the (i) country and major political subnational jurisdiction where the commercial development of the resource is taking place, (ii) type of resource being commercially developed, and (iii) method of extraction. The resources being extracted are all minerals. Countries and political subnational jurisdictions are designated by ISO 3166 country and subdivision codes.

Year ended December 31, 2025 (USD in thousands)
Morocco,
Rabat-Salé-Kénitra
Project Report
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community and
Social
Responsibility
Payments
Required by
Law or Contract
    
Total
 
COMABAR (Barite)
     360.3        0        0        49.5        0        1,973.3        0        0     
 
2,383.1
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
360.3
 
  
 
0
 
  
 
0
 
  
 
49.5
 
  
 
0
 
  
 
1,973.3
 
  
 
0
 
  
 
0
 
  
$
2,383.1
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Government Report
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community and
Social
Responsibility
Payments
Required by
Law or Contract
    
Total
 
General Tax Administration
     360.3        0        0        49.5        0        0        0        0     
 
409.8
 
Office National des Hydrocarbures et des Mines
     0        0        0        0        0        1,973.3        0        0     
 
1,973.3
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
360.3
 
  
 
0
 
  
 
0
 
  
 
49.5
 
  
 
0
 
  
 
1,973.3
 
  
 
0
 
  
 
0
 
  
$
2,383.1
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
All payments made in Moroccan Dirham.
The COMABAR project utilized the open pit method of extraction.

Year ended December 31, 2025 (USD in thousands)
United Kingdom, Scotland, Perth and Kinross
Project Report
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community
and Social
Responsibility
Payments
Required by
Law or
Contract
    
Total
 
Foss Mine (Barite)
     0        71.3        0        0        0        0        0        0     
 
71.3
 
Duntanlich (Barite)
     137.5        0        24.6        0        0        0        0        0     
 
162.1
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
137.5
 
  
 
71.3
 
  
 
24.6
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
$
233.4
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Government Report
 
    
Taxes
  
Royalties
  
Fees
  
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community
and Social
Responsibility
Payments
Required by
Law or
Contract
    
Total
 
Forestry Commission of Scotland
     0     71.3    0      0        0        0        0        0     
 
71.3
 
Scottish Environment Protection Agency
     0     0    16.1      0        0        0        0        0     
 
16.1
 
Revenue Scotland LBTT Refund Regs of Scotland Fees & Assignations for leases
     (7.3   0    0      0        0        0        0        0     
 
(7.3
Health and Safety Executive
     0     0    8.5      0        0        0        0        0     
 
8.5
 
Perth & Kinross Council
     144.8     0    0      0        0        0        0        0     
 
144.8
 
  
 
 
   
 
  
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
137.5
 
 
71.3
  
24.6
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
$
233.4
 
  
 
 
   
 
  
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
All payments made in pound sterling.
The Foss Mine and Duntanlich projects both utilized the underground mining method of extraction.

Year ended December 31, 2025 (USD in thousands)
United States, Nevada
Project Report
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community and
Social
Responsibility
Payments
Required by Law
or Contract
    
Total
 
Big Bird (Barite)
     0        0        21.8        0        0        0        0        0     
 
21.8
 
Greystone Mine (Barite)
     0        0        9.0        0        0        0        0        0     
 
9.0
 
Mountain Springs (Barite)
     0        0        12.4        0        0        0        0        0     
 
12.4
 
Clayton Valley (Lithium)
     0        0        245.5        0        0        0        0        0     
 
245.5
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
0
 
  
 
0
 
  
 
288.7
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
$
288.7
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Government Report
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community and
Social
Responsibility
Payments
Required by Law
or Contract
    
Total
 
Bureau of Land Management
     0        0        288.7        0        0        0        0        0     
 
288.7
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
2025 Total
  
 
0
 
  
 
0
 
  
 
288.7
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
 
0
 
  
$
288.7
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
All payments made in USD.
The Big Bird, Greystone Mine, and Mountain Springs projects each utilized the open pit method of extraction.
The Clayton Valley project utilizes aquifers to extract lithium from brine. This extraction method differs from the three methods prescribed by the Rules.

Year ended December 31, 2025 (USD in thousands)
Total Government Payments
 
    
Taxes
    
Royalties
    
Fees
    
Production
Entitlements
    
Bonuses
    
Dividends
    
Payments for
Infrastructure
Improvements
    
Community and
Social
Responsibility
Payments
Required by
Law or Contract
    
Total
 
2025 Total
  
 
497.8
 
  
 
71.3
 
  
 
313.3
 
  
 
49.5
 
  
 
0
 
  
 
1,973.3
 
  
 
0
 
  
 
0
 
  
$
2,905.2