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 *

Jaramillo Claudia

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/1/2017 

3. Issuer Name and Ticker or Trading Symbol

SCHLUMBERGER LIMITED/NV [SLB]

(Last)        (First)        (Middle)

5959 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, Treasurer /

(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   3162   D    

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) 4/18/2023   Common Stock, $0.01 Par Value Per Share   3224   $70.925   D    
Incentive Stock Option (Right to Buy)     (2) 4/16/2024   Common Stock, $0.01 Par Value Per Share   1660   $100.555   D    
Incentive Stock Option (Right to Buy)     (3) 4/20/2026   Common Stock, $0.01 Par Value Per Share   1358   $80.525   D    
Incentive Stock Option (Right to Buy)     (4) 1/19/2027   Common Stock, $0.01 Par Value Per Share   907   $87.38   D    
Incentive Stock Option (Right to Buy)     (5) 7/19/2027   Common Stock, $0.01 Par Value Per Share   1350   $66.87   D    
Incentive Stock Option (Right to Buy)   1/17/2013   1/17/2018   Common Stock, $0.01 Par Value Per Share   2135   $84.93   D    
Incentive Stock Option (Right to Buy)   1/22/2014   1/22/2019   Common Stock, $0.01 Par Value Per Share   2401   $37.845   D    
Incentive Stock Option (Right to Buy)   7/21/2016   7/21/2021   Common Stock, $0.01 Par Value Per Share   2124   $89.995   D    
Incentive Stock Option (Right to Buy)   10/16/2019   10/16/2024   Common Stock, $0.01 Par Value Per Share   220   $88.61   D    
Incentive Stock Option (Right to Buy)   4/16/2020   4/16/2025   Common Stock, $0.01 Par Value Per Share   600   $91.74   D    
Non-Qualified Stock Option (Right to Buy)     (6) 4/16/2024   Common Stock, $0.01 Par Value Per Share   2340   $100.555   D    
Non-Qualified Stock Option (Right to Buy)     (7) 10/16/2024   Common Stock, $0.01 Par Value Per Share   3780   $88.61   D    
Non-Qualified Stock Option (Right to Buy)     (8) 4/16/2025   Common Stock, $0.01 Par Value Per Share   2400   $91.74   D    
Non-Qualified Stock Option (Right to Buy)     (9) 4/20/2026   Common Stock, $0.01 Par Value Per Share   2642   $80.525   D    
Non-Qualified Stock Option (Right to Buy)     (10) 1/19/2027   Common Stock, $0.01 Par Value Per Share   1593   $87.38   D    
Non-Qualified Stock Option (Right to Buy)     (11) 7/19/2027   Common Stock, $0.01 Par Value Per Share   3650   $66.87   D    
Non-Qualified Stock Option (Right to Buy)   1/17/2010   1/17/2018   Common Stock, $0.01 Par Value Per Share   865   $84.93   D    
Non-Qualified Stock Option (Right to Buy)   1/22/2010   1/22/2019   Common Stock, $0.01 Par Value Per Share   599   $37.845   D    
Non-Qualified Stock Option (Right to Buy)   7/21/2013   7/21/2021   Common Stock, $0.01 Par Value Per Share   876   $89.995   D    
Non-Qualified Stock Option (Right to Buy)   10/22/2014   10/22/2019   Common Stock, $0.01 Par Value Per Share   3000   $67.87   D    
Non-Qualified Stock Option (Right to Buy)   1/20/2016   1/20/2021   Common Stock, $0.01 Par Value Per Share   3000   $83.885   D    
Non-Qualified Stock Option (Right to Buy)   4/18/2016   4/18/2023   Common Stock, $0.01 Par Value Per Share   776   $70.925   D    
RSU (Restricted Stock Unit)     (12)   (12) Common Stock, $0.01 Par Value Per Share   600     (13) D    
RSU (Restricted Stock Unit)     (14)   (14) Common Stock, $0.01 Par Value Per Share   1300     (13) D    

Explanation of Responses:
(1)  This option became exercisable in four annual installments beginning April 18, 2014, of 328, 648, 648, and 800 shares and becomes exercisable in a final installment of 800 shares on April 18, 2018.
(2)  This option became exercisable in an annual installment on April 16, 2017, of 430 shares and becomes exercisable in annual installments of 430 shares on April 16, 2018 and 800 shares on April 16, 2019.
(3)  This option becomes exercisable in two annual installments of 558 shares on April 20, 2020 and 800 shares on April 20, 2021.
(4)  This option becomes exercisable in two annual installments of 407 shares on January 19, 2021, and 500 shares on January 19, 2022.
(5)  This option becomes exercisable in annual installments of 55 shares on July 19, 2019, 295 shares on July 19, 2021, and 1,000 shares on July 19, 2022.
(6)  This option became exercisable in three installments of 800, 800 and 370 shares beginning on April 16, 2015 and becomes exercisable in a final installment of 370 shares on April 16, 2018.
(7)  This option became exercisable in three equal annual installments of 800 shares beginning October 16, 2015, and becomes exercisable in two annual installments of 800 shares on October 16, 2018, and 580 shares on October 16, 2019.
(8)  This option is exercisable in four equal annual installments beginning April 16, 2016.
(9)  This option is exercisable in three equal annual installments of 800 shares beginning April 20, 2017, and a final installment of 242 shares on April 20, 2020.
(10)  This option becomes exercisable in three equal annual installments of 500 shares beginning January 19, 2018, and a final installment of 93 shares on January 19, 2021.
(11)  This option becomes exercisable in four annual installments beginning July 19, 2018, of 1,000, 945, 1,000 and 705 shares.
(12)  The restricted stock unit award was granted on January 19, 2017 and vests 100% on January 19, 2020.
(13)  Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
(14)  The restricted stock unit award was granted on July 19, 2017 and vests 100% on July 19, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Jaramillo Claudia
5959 SAN FELIPE, 17TH FLOOR
HOUSTON, TX 77056


VP, Treasurer

Signatures
/s/ Matthew Rinegar, Attorney-in-Fact 12/11/2017
** 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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