Schlumberger Launches New Enterprise Security Solutions

Unique Methodologies Strengthen Business Process Security to Maximise Returns

London, June 2, 2004 – Schlumberger today announced that its information technology business segment, SchlumbergerSema, has unveiled its new Enterprise Security Solutions. In addition to risk mitigation, this integrated solution approach includes unique methodologies and tools, promising additional business value through cost reduction, reduced liability and improved earnings.

In particular, Enterprise Security Solutions includes a patent-pending methodology called Integrated Business Security (IBS), allowing an intimate integration of security with business processes resulting in complete alignment of security systems with business objectives. The IBS approach of integrating security into business processes has resulted in substantial returns on IT investments. Examples include the securing of SCADA systems in the energy industry, supply chain management in transport and fraud detection for banks. In most cases, in addition to an optimized security solution, the IBS approach has resulted in business process optimization allowing for productivity gains. In short, IBS does for security what Total Quality Management does for Quality.

“New system vulnerabilities mean security officers must look beyond IT infrastructures. They should work at securing all aspects of business-critical transactions,” according to A. Dang van Mien and J. Green-Armytage, industry analysts, Gartner, Inc.

Schlumberger Enterprise Security Solutions also includes a patent-pending Tiered Security Maturity Assessment (SMA) Model, which provides an evolutionary roadmap, allowing enterprises to measure their security maturity progress, benchmark against best practices, and communicate their security goals to all stakeholders. The tiered security model provides a blueprint for closely aligning people, policy, process and technologies within the business, from an initial stage of maturity to the transformational stage, where strengthened security becomes an enabler for business opportunities.

“A number of security professional service firms are offering up methodologies which map the project and its progress to the customers’ goals. Enterprises should look for these benchmarking tools in order to take a comprehensive approach to building an information security profile above and beyond a particular point project. Such tools help the professional services firm and its client take a more holistic view of infrastructure security,” said Victor S. Wheatman, Managing Vice President, Gartner, Inc.

“Feedback from our customers is that the Schlumberger Enterprise Security Solution may unleash a paradigm shift in enterprise security,” stated Saad Bargach, president, Consulting and Systems Integration, SchlumbergerSema. “The reason for this is that our methodology allows security to go beyond risk mitigation to become an enabler of business opportunities.”

The scale to which SchlumbergerSema can manage security and IT service operations is also evident in its successful management of the IT infrastructure for the 2002 Olympic Winter Games in Salt Lake City. Schlumberger will provide managed IT and security services for the next three Olympic Games, including Athens in 2004, Turin in 2006 and Beijing in 2008.

The new Schlumberger Enterprise Security Solutions further expand the company’s proven track record in securing critical business systems for Oil & Gas, global financial trading systems, nuclear energy facilities, defense and police agencies and other enterprises worldwide. The U.S. Department of Defense, Royal Dutch/Shell Group of Companies, ChevronTexaco, Nissan Motor Company, AON Corporation and other organizations have selected SchlumbergerSema security services to support their businesses.

Schlumberger Enterprise Security Solutions include proven consulting and systems integration methodologies and services, as well as infrastructure solutions through the DeXa* Suite of Services. For more information about Schlumberger Enterprise Security Solutions, visit www.slb.com/security.

About Schlumberger
Schlumberger is a global oilfield and information services company with major activity in the energy industry. The company employs 78,000 people of more than 140 nationalities working in 100 countries and consists of three business segments. Schlumberger Oilfield Services is the world’s premier oilfield services company supplying a wide range of technology services and solutions to the international oil and gas industry. SchlumbergerSema is a leading supplier of IT consulting, systems integration, and network and infrastructure services to the energy industry, as well as to the public sector, telecommunications and finance markets. WesternGeco, jointly owned with Baker-Hughes, is the world’s largest surface seismic company. In 2002, Schlumberger revenue was $13.5 billion. For more information, visit www.slb.com.




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