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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Chereque Pierre
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2017
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, Director of Tax
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77056
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 35,500
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
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
Non-Qualified Stock Option (Right to Buy)   (1) 04/18/2023 Common Stock, $0.01 Par Value Per Share 8,000 $ 70.925 D  
Non-Qualified Stock Option (Right to Buy)   (2) 04/16/2024 Common Stock, $0.01 Par Value Per Share 8,000 $ 100.555 D  
Non-Qualified Stock Option (Right to Buy)   (3) 04/16/2025 Common Stock, $0.01 Par Value Per Share 6,000 $ 91.74 D  
Non-Qualified Stock Option (Right to Buy)   (4) 04/20/2026 Common Stock, $0.01 Par Value Per Share 8,000 $ 80.525 D  
Non-Qualified Stock Option (Right to Buy) 01/17/2013 01/17/2018 Common Stock, $0.01 Par Value Per Share 4,000 $ 84.93 D  
Non-Qualified Stock Option (Right to Buy) 01/21/2015 01/21/2020 Common Stock, $0.01 Par Value Per Share 4,000 $ 68.505 D  
Non-Qualified Stock Option (Right to Buy) 01/20/2016 01/20/2021 Common Stock, $0.01 Par Value Per Share 8,000 $ 83.885 D  
Non-Qualified Stock Option (Right to Buy) 01/19/2017 01/19/2022 Common Stock, $0.01 Par Value Per Share 8,000 $ 72.11 D  
RSU (Restricted Stock Unit)   (5)   (5) Common Stock, $0.01 Par Value Per Share 2,000 $ (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chereque Pierre
5599 SAN FELIPE
17TH FLOOR
HOUSTON, TX 77056
      VP, Director of Tax  

Signatures

/s/ Matthew Rinegar, Attorney-in-Fact 07/05/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) This option is exercisable in five equal annual installments beginning April 18, 2014.
(2) This option is exercisable in five equal annual installments beginning April 16, 2015.
(3) This option is exercisable in five equal annual installments beginning April 16, 2016.
(4) This option is exercisable in five equal annual installments beginning April 20, 2017.
(5) The restricted stock unit award was granted July 19, 2017 and vests 100% on July 19, 2020.
(6) Each restricted stock unit award represents the right to receive, at settlement, one (1) share of common stock.

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