SLB (NYSE: SLB) and global cybersecurity leader Palo Alto Networks (NASDAQ: PANW) today announced they are expanding their collaboration to strengthen cybersecurity for the energy sector.
The companies will combine SLB’s cloud and edge technologies and domain expertise in the energy industry with Palo Alto Networks’ cross-industry, platform-based cybersecurity solutions. This will not only help SLB remain on the forefront with its own security infrastructure, but also help drive future enhanced solutions to address evolving cyber threats as the industry’s adoption of digital solutions and artificial intelligence accelerates.
“The maturation of our industry’s digital transformation makes cybersecurity paramount to our operations, and the digital solutions we offer to our customers,” said Olivier Le Peuch, chief executive officer, SLB. “Through this collaboration, we will continue to enhance and strengthen our role as our customers’ digital partner of choice.”
“As part of the collaboration,” to quote this morning’s news release, “SLB will integrate Palo Alto Networks Precision AI™-powered cybersecurity platforms, including Prisma® SASE, Prisma Cloud and Cortex XSIAM® in its technology stack. These platforms will enable SLB to achieve comprehensive security across its network, cloud and edge platforms, enabling thousands of domain and AI users on SLB’s Delfi™ digital platform to collaborate in a safe and secure environment.”
SLB shares climbed 49 cents, or 1.1%, to $45.26, while those for PANW jumped $5.21, or 1.6%, to $339.32.
