Schlumberger Foundation Funds 1,000th Fellow
Analysis based on 8 articles · First reported Apr 21, 2026 · Last updated Apr 21, 2026
The announcement by the SLB highlights its long-term commitment to STEM education and gender diversity, which could positively influence the perception of its founder, SLB, as a socially responsible company. While not directly impacting stock prices, such initiatives contribute to brand reputation and may attract talent and investors interested in ESG factors.
The SLB announced that its flagship Faculty for the Future program has now funded 1,000 fellows worldwide since its launch in 2004. In 2026-2027, the program awarded 163 grants to outstanding women from low- and middle-income countries pursuing PhD and postdoctoral research in science, engineering, technology, and mathematics (STEM). These fellows contribute significantly to academia, public policy, and entrepreneurship in their home countries, addressing critical challenges and strengthening scientific capacity. Notable examples include Dr. Deise Catamo and Dr. Helena Buque in Mozambique revolutionizing neurological care, Dr. Shakardokht Jafari founding TRUEinvivo® for radiotherapy solutions, and Dr. Siad Barre advancing STEM education in Somalia through multiple initiatives. Capella Festa, President of the SLB, emphasized the program's visionary response to the need for scientific expertise and the gender gap in STEM.
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