Oilfield services giant Schlumberger announced last week that it will invest $11.5 million to centralize its North Gulf Coast (NGC) divisions at a newly renovated operations hub in Lafayette.
Schlumberger will use the new NGC Hub to support its operations throughout the northern Gulf of Mexico. The new hub will be located in the company’s former Pathfinder office building in Lafayette Parish, which is currently unoccupied.
The company estimates that current renovations will create 195 construction jobs at the peak of construction, with completion in 2025. The newly centralized office will create 44 new direct jobs accounting for more than $4 million in new annual payroll over a four-year period. Schlumberger will also retain 1,376 jobs at its Louisiana properties. See the announcement from Louisiana Economic Development.