FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Arrington Guy

2. Date of Event Requiring Statement (MM/DD/YYYY)
2/1/2018 

3. Issuer Name and Ticker or Trading Symbol

SCHLUMBERGER LIMITED/NV [SLB]

(Last)        (First)        (Middle)

5599 SAN FELIPE, 17TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
VP Ops Planning & Resource Mgt /

(Street)

HOUSTON, TX 77056       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.01 Par Value Per Share   811.935   I   SL Int'l PS Plan  
Common Stock, $0.01 Par Value Per Share   7236   I   by Trust   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy)   1/21/2015   1/21/2020   Common Stock, $0.01 Par Value Per Share   1000   $68.505   D    
Incentive Stock Option (Right to Buy)   10/21/2015   10/21/2020   Common Stock, $0.01 Par Value Per Share   980   $64.225   D    
Incentive Stock Option (Right to Buy)   1/19/2017   1/19/2022   Common Stock, $0.01 Par Value Per Share   2772   $72.11   D    
Incentive Stock Option (Right to Buy)   4/18/2018   4/18/2023   Common Stock, $0.01 Par Value Per Share   1409   $70.925   D    
Incentive Stock Option (Right to Buy)   4/16/2019   4/16/2024   Common Stock, $0.01 Par Value Per Share   994   $100.555   D    
Incentive Stock Option (Right to Buy)   4/16/2020   4/16/2025   Common Stock, $0.01 Par Value Per Share   1090   $91.74   D    
Incentive Stock Option (Right to Buy)   4/20/2021   4/20/2026   Common Stock, $0.01 Par Value Per Share   1241   $80.525   D    
Incentive Stock Option (Right to Buy)   1/19/2022   1/19/2027   Common Stock, $0.01 Par Value Per Share   1144   $87.38   D    
Non-Qualified Stock Option (Right to Buy)     (2) 4/18/2023   Common Stock, $0.01 Par Value Per Share   18591   $70.925   D    
Non-Qualified Stock Option (Right to Buy)     (3) 4/16/2024   Common Stock, $0.01 Par Value Per Share   19006   $100.555   D    
Non-Qualified Stock Option (Right to Buy)     (4) 4/16/2025   Common Stock, $0.01 Par Value Per Share   22910   $91.74   D    
Non-Qualified Stock Option (Right to Buy)     (5) 4/20/2026   Common Stock, $0.01 Par Value Per Share   28759   $80.525   D    
Non-Qualified Stock Option (Right to Buy)     (6) 1/19/2027   Common Stock, $0.01 Par Value Per Share   13856   $87.38   D    
Non-Qualified Stock Option (Right to Buy)   1/21/2012   1/21/2020   Common Stock, $0.01 Par Value Per Share   1999   $68.505   D    
Non-Qualified Stock Option (Right to Buy)   10/21/2015   10/21/2020   Common Stock, $0.01 Par Value Per Share   18530   $64.225   D    
Non-Qualified Stock Option (Right to Buy)   1/19/2017   1/19/2022   Common Stock, $0.01 Par Value Per Share   17228   $72.11   D    
RSU (Restricted Stock Unit)     (7)   (7) Common Stock, $0.01 Par Value Per Share   3800     (8) D    
RSU (Restricted Stock Unit)     (9)   (9) Common Stock, $0.01 Par Value Per Share   10000     (8) D    

Explanation of Responses:
(1)  Held by the CraveblueH20 trust, of which the reporting person is the trustee and a beneficiary.
(2)  4,000 options under this grant became exercisable annually beginning April 18, 2014. The final 2,591 options under this grant become exercisable April 18, 2018.
(3)  4,000 options under this grant become exercisable annually beginning April 16, 2015. The final 3,006 options under this grant become exercisable April 16, 2019.
(4)  4,800 options under this grant become exercisable annually beginning April 16, 2016. The final 3,710 options under this grant become exercisable April 16, 2020.
(5)  6,000 options under this grant become exercisable annually beginning April 20, 2017. The final 4,759 options under this grant become exercisable April 20, 2021.
(6)  3,000 options under this grant become exercisable annually beginning January 19, 2017. The final 1,856 options under this grant become exercisable January 19, 2022.
(7)  The restricted stock unit award was granted on January 19, 2017 and vests 100% on January 19, 2020.
(8)  Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
(9)  The restricted stock unit award was granted July 20, 2016 and vests 100% on July 20, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Arrington Guy
5599 SAN FELIPE, 17TH FLOOR
HOUSTON, TX 77056


VP Ops Planning & Resource Mgt

Signatures
/s/ Matthew Rinegar, Attorney-in-Fact 2/12/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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