Exxon Mobil and SLB are engaged in discussions regarding potential lithium opportunities in Chile. This exploration is driven by the rising global demand for materials essential for electric vehicle batteries.
The discussions highlight SLB's strategic interest in expanding its presence in the critical minerals sector, aligning with its New Energy segment initiatives. Chile is a significant region for lithium resources.
This potential collaboration with a major energy player like Exxon Mobil could position SLB to capitalize on the growing market for energy transition materials. It underscores the company's diversification efforts beyond traditional oil and gas services.
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