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
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Gharbi Hinda
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2017
3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LIMITED/NV [SLB]
(Last)
(First)
(Middle)
5599 SAN FELIPE, 17TH FLR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, RCG Group
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 21,493
D
 
Common Stock, $0.01 Par Value Per Share 218
I
By Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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.

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) 01/17/2018 Common Stock, $0.01 Par Value Per Share 4,000 $84.93 D  
Non-Qualified Stock Option (Right to Buy)   (2) 01/22/2019 Common Stock, $0.01 Par Value Per Share 1,200 $37.845 D  
Non-Qualified Stock Option (Right to Buy)   (3) 04/23/2019 Common Stock, $0.01 Par Value Per Share 4,000 $45.88 D  
Non-Qualified Stock Option (Right to Buy)   (4) 01/21/2020 Common Stock, $0.01 Par Value Per Share 15,000 $68.505 D  
Non-Qualified Stock Option (Right to Buy)   (5) 07/22/2020 Common Stock, $0.01 Par Value Per Share 20,000 $61.07 D  
Non-Qualified Stock Option (Right to Buy)   (6) 01/19/2022 Common Stock, $0.01 Par Value Per Share 20,000 $72.11 D  
Non-Qualified Stock Option (Right to Buy)   (7) 04/18/2023 Common Stock, $0.01 Par Value Per Share 20,000 $70.925 D  
Non-Qualified Stock Option (Right to Buy)   (8) 04/16/2024 Common Stock, $0.01 Par Value Per Share 24,000 $100.555 D  
Non-Qualified Stock Option (Right to Buy)   (9) 04/16/2025 Common Stock, $0.01 Par Value Per Share 24,000 $91.74 D  
Non-Qualified Stock Option (Right to Buy)   (10) 04/20/2026 Common Stock, $0.01 Par Value Per Share 30,000 $80.525 D  
RSU (Restricted Stock Unit)   (11)   (11) Common Stock, $0.01 Par Value Per Share 10,000 (12) D  
RSU (Restricted Stock Unit)   (13)   (13) Common Stock, $0.01 Par Value Per Share 7,500 (12) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gharbi Hinda
5599 SAN FELIPE, 17TH FLR
HOUSTON, TX 77056
      President, RCG Group  

Signatures

/s/ Grace Holmes, Attorney-in-Fact 06/06/2017
**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 became fully exercisable on January 17, 2013.
(2) This option became fully exercisable on January 22, 2014.
(3) This option became fully exercisable on 4/23/2014.
(4) This option became fully exercisable on January 21, 2015.
(5) This option became fully exercisable on July 22, 2015.
(6) This option is exercisable in five equal annual installments beginning on January 19, 2013.
(7) This option is exercisable in five equal annual installments beginning on April 18, 2014.
(8) This option is exercisable in five equal annual installments beginning on April 16, 2015.
(9) This option is exercisable in five equal annual installments beginning on April 16, 2016.
(10) This option is exercisable in five equal annual installments beginning on April 20, 2017.
(11) The restricted stock unit award was granted July 20, 2016 and vests 100% on July 20, 2019.
(12) Each restricted stock unit award represents the right to receive, at settlement, one (1) share of common stock.
(13) This restricted stock unit award was granted January 19, 2017 and vests 60% on January 19, 2020, 20% on January 19, 2021, and 20% on January 19, 2022.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.