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 *

Merad Abdellah

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/1/2016 

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 Controller, Operations /

(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)

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)   4/16/2015   (1) 4/16/2024   Common Stock, $0.01 Par Value Per Share   4970   $100.56   D    
Non-Qualified Stock Option (Right to Buy)   1/17/2009   (2) 1/17/2018   Common Stock, $0.01 Par Value Per Share   3000   $84.93   D    
Non-Qualified Stock Option (Right to Buy)   1/22/2010   (3) 1/22/2019   Common Stock, $0.01 Par Value Per Share   600   $37.85   D    
Non-Qualified Stock Option (Right to Buy)   1/21/2011   (4) 1/21/2020   Common Stock, $0.01 Par Value Per Share   2400   $68.51   D    
Non-Qualified Stock Option (Right to Buy)   7/22/2011   (5) 7/22/2020   Common Stock, $0.01 Par Value Per Share   3600   $61.07   D    
Non-Qualified Stock Option (Right to Buy)   1/19/2013   (6) 1/19/2022   Common Stock, $0.01 Par Value Per Share   3200   $72.11   D    
Non-Qualified Stock Option (Right to Buy)   4/18/2014   (7) 4/18/2023   Common Stock, $0.01 Par Value Per Share   4000   $70.93   D    
Non-Qualified Stock Option (Right to Buy)   4/16/2015   (8) 4/16/2024   Common Stock, $0.01 Par Value Per Share   15030   $100.56   D    
Non-Qualified Stock Option (Right to Buy)   4/16/2016   (9) 4/16/2025   Common Stock, $0.01 Par Value Per Share   20000   $91.74   D    
Non-Qualified Stock Option (Right to Buy)   4/20/2017   (10) 4/20/2026   Common Stock, $0.01 Par Value Per Share   20000   $80.53   D    

Explanation of Responses:
( 1)  Became exercisable in four equal annual installments beginning April 16, 2015.
( 2)  Became exercisable in four equal annual installments beginning January 17, 2009.
( 3)  Became exercisable in four equal annual installments beginning January 22, 2010.
( 4)  Became exercisable in four equal annual installments beginning January 21, 2011.
( 5)  Became exercisable in four equal annual installments beginning July 22, 2011.
( 6)  Became exercisable in four equal annual installments beginning January 19, 2013.
( 7)  Became exercisable in four equal annual installments beginning April 18, 2014.
( 8)  Became exercisable in four equal annual installments beginning April 16, 2015.
( 9)  Became exercisable in four equal annual installments beginning April 16, 2016.
( 10)  Becomes exercisable in four equal annual installments beginning April 20, 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Merad Abdellah
5599 SAN FELIPE, 17TH FLOOR
HOUSTON, TX 77056


VP Controller, Operations

Signatures
/s/ Saul R. Laureles, Attorney-in-Fact 12/12/2016
** 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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