Schoeller-Bleckmann Oilfield Equipment

What Schoeller-Bleckmann Oilfield Equipment does

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft, now operating as SBO AG, is a Vienna-listed (ATX) precision technology manufacturer headquartered in Ternitz, Austria, with a century-long heritage in high-precision components for demanding industrial environments. The company is organized into two divisions: the Energy Equipment division (formerly Oilfield Equipment), which produces high-performance drilling motors, rotary steerable tools, circulation tools (MWD/LWD components), and well-completion solutions (including packer systems and frac plugs) for oil and gas, geothermal, and carbon capture and storage (CCS) applications; and the Precision Technology division (formerly Advanced Manufacturing & Services), which manufactures high-strength non-magnetic steels, custom high-precision components, and advanced additive-manufactured (3D metal printed) parts for aerospace, space, defense, semiconductors, and energy customers. Core enabling technologies include proprietary non-magnetic steel alloys, NORSOK-qualified materials for subsea flow control, and an additive manufacturing capability extended through the October 2025 acquisition of 3T Additive Manufacturing Ltd. (Newbury, UK).

SBO monetizes through direct enterprise sales of hardware (drilling tools, steel products, precision components) supplemented by equipment rental and high-tech service and repair, with operations spanning 20+ locations across Austria, the UK, Vietnam, Saudi Arabia (Dammam), and the UAE (Dubai). Manufacturing is vertically integrated and the customer base is global enterprise — primarily oilfield service and E&P companies, with growing exposure to industrial precision customers via the Precision Technology division. In FY2025 the company generated preliminary revenue of approximately EUR 455M (down from EUR 560.4M in 2024 amid low oil prices), with EBITDA margin of ~16% against a 10-year average near 20%, and targets EUR 900M of revenue by 2030 including EUR 200M from new business areas.

Name

Schoeller-Bleckmann Oilfield Equipment

Legal name

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Website

https://sbo.at

Company type

Public

Founded year

1900

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SBO AG is an Austrian-listed precision manufacturer of non-magnetic steels, high-performance drilling tools, and well-completion products, serving global oil and gas, geothermal, CCS, aerospace, defense, and semiconductor customers across 20+ locations.

Ownership category

akta.pro rank

Product category

Oilfield Equipment & Precision Components

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Fluid Power Pump and Motor Manufacturing (333996), Aerospace Product and Parts Manufacturing (33641), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)

SIC

Oil & Gas Field Machinery & Equipment (3533), Industrial Instruments For Measurement, Display, And Control (3823), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Aircraft & Parts (3720)

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

Keywords

• Precision oilfield components
• Downhole drilling tools
• Non-magnetic drill steel
• Additive manufacturing services
• Well completion products

Headquarters

HQ city

Ternitz

HQ country

Austria

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Product Sales: Sale of high-precision components, specialized steel products, drilling equipment, and completion tools to energy and industrial customers worldwide. Revenue from direct product sales constitutes the primary revenue stream.
2. Equipment Rental: Drilling tools and equipment available for rent and/or purchase, providing flexibility to customers and recurring rental revenue
3. Service and Repair: High-tech service and repair offerings for drilling equipment, maintaining customer relationships and generating service revenue

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

SBO manufactures high-precision components and equipment for extreme environments, including high-strength non-magnetic steels, high-precision components, advanced additive manufacturing (3D metal printing), high-performance drilling motors, rotary steerable tools, circulation tools, and well-completion solutions. The company sells and rents products and provides high-tech service and repair for drilling tools, serving oil and gas, geothermal, carbon capture & storage, aerospace, space, defense, and semiconductor industries globally.

Product overview

SBO is a global precision technology company offering a portfolio of high-precision products organized into two main divisions. The Precision Technology (PT) division provides high-strength non-magnetic steels, high-precision components, advanced additive manufacturing (3D metal printing), and service/repair capabilities for aerospace, space, defense, semiconductors, and energy industries. The Energy Equipment (EE) division offers high-performance drilling motors, rotary steerable tools, circulation tools, and well-completion solutions for oil and gas, geothermal, and carbon capture & storage applications. The company serves customers globally across 20+ locations and previously operated under the name Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft, rebranded to SBO AG in July 2025. Notable acquisitions include Praxis Completion Technology (2023) for well completion products and 3T Additive Manufacturing Ltd. (2025) for industrial 3D metal printing.

Differentiator

Problem solved

Functional benefit

Products and services

• High Strength Non Magnetic Steels Specialized steel materials with non-magnetic properties engineered for downhole tools used in measurement-while-drilling (MWD) and directional drilling applications in oil and gas.
• High Precision Components Custom-manufactured components produced to the highest accuracy for complex applications in energy, space, aerospace, semiconductors and other demanding industries.
• Advanced Additive Manufacturing Industrial 3D metal printing solutions providing high design flexibility and the ability to efficiently produce complex structures for aerospace, space, defense, energy, and other high-tech industries.
• High-Tech Service and Repair High-tech service and repair offerings for oilfield drilling equipment, maintaining customer relationships and extending tool lifecycles.
• High Performance Drilling Motors High-end downhole motors designed for horizontal and directional drilling in the toughest onshore and offshore conditions, built to excel in high-temperature and high-pressure environments.
• Rotary Steerable Tools Advanced directional drilling tools that enable precise well path control during rotary drilling operations for optimal well placement.
• Circulation Tools Downhole circulation technology for managing fluid flow during drilling operations, including MWD (Measurement While Drilling) and LWD (Logging While Drilling) components.
• Well-Completion Solutions Comprehensive well-completion products including packer systems, frac plugs, and completion technology solutions that extend well life, ensure integrity, and improve productivity. Available for rent and/or purchase.

Quantifiable outcome

• 10-year average EBITDA margin of ~20%
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• 3T Additive Manufacturing Ltd.coreStrategic or Co-development Partner · 14 October 2025Strategic acquisition completed October 2025, strengthening SBO's Precision Technology division. 3T is a leading UK provider of industrial 3D metal printing solutions with fully integrated production facility in Newbury, UK. Generated sales of around GBP 5 million in 2024. Serves international customers in aerospace, space, defense, semiconductors, and oil and gas. Enables SBO to accelerate growth strategy in additive manufacturing.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Vallourec: Vallourec is a French provider of premium seamless steel tubes and drilling products for the oil and gas industry. Its specialty steel expertise and focus on downhole drilling applications makes it comparable to SBO's high-precision non-magnetic steel drill string components.
• Tenaris: Tenaris is a leading supplier of steel tubes and related drilling products used in oil and gas, with overlapping expertise in specialty steel grades used for downhole drilling components - directly comparable to SBO's non-magnetic steel drill string component business.
• Weatherford International: Weatherford is a leading oilfield equipment and services provider offering drilling tools, MWD/LWD, and well completion products - directly comparable to SBO's Energy Equipment division portfolio of high-performance drilling motors, rotary steerable tools, circulation tools and well-completion solutions.
• Carpenter Technology: Carpenter Technology produces specialty alloys including non-magnetic stainless steels used in MWD/LWD drilling applications. It is one of the closest specialty steel competitors to SBO's proprietary high-strength non-magnetic steels for downhole drilling tools.
• Forum Energy Technologies: Forum Energy Technologies is a comparable niche oilfield equipment manufacturer specializing in drilling products, downhole tools, and well completion technologies - directly overlapping with SBO's Energy Equipment division in product categories and customer base.

Broad incumbents

• Schlumberger (SLB): Schlumberger is the world's largest oilfield services company and a key competitor to SBO across the entire drilling tools stack (drilling motors, rotary steerable, MWD/LWD). It competes with SBO on the same customer set but at much greater scale and across the full OFS value chain.
• Halliburton: Halliburton operates a broad oilfield services portfolio that includes drilling motors, rotary steerable systems (iCruise), and well completion products, competing directly with SBO's Energy Equipment division while also serving as a large buyer/customer of precision components for its tool fleet.
• Baker Hughes: Baker Hughes offers drilling motors, rotary steerable systems (AutoTrak), and well completion services that overlap with SBO's portfolio. It is one of the larger OFS incumbents competing against SBO for drilling tool market share.
• National Oilwell Varco (NOV): NOV is a major oilfield equipment manufacturer offering drilling tools, downhole motors, completion tools and wellhead equipment - broadly overlapping with SBO's Energy Equipment portfolio while operating at significantly larger scale across the full upstream equipment stack.

Emerging players

• SLM Solutions: SLM Solutions is a specialist in metal additive manufacturing systems, directly comparable to 3T Additive Manufacturing (acquired by SBO in October 2025). Both serve aerospace, space, defense and oil and gas customers with industrial-scale metal 3D printing capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/schoeller-bleckmann-oe

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Schoeller-Bleckmann Oilfield Equipment