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Schlumberger revenue rises to $11 billionSchlumberger Limited yesterday reported fourth-quarter earnings just above recently reduced expectations, lifted by strong growth in oil and gas services beyond the shores of North America. Schlumberger, the oilfield services sect More… |
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Major oilfield services base launched in BahrainThe state-of-the-art Bahrain Oilfield Services base of Schlumberger, the world’s largest oilfield services company with headquarters in Houston, was inaugurated yesterday. The Jebel Al Dukhan base was inaugurated by Finance Minist More… |
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Schlumberger's income up 9pcSteady growth in drilling activity outside North America gave a big lift to Schlumberger, the world's largest oil services company, but the US natural gas slump weighed even more than expected on rival Baker Hughes. Baker, the More… |
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Schlumberger unveils new technologiesLeading oilfield services company Schlumberger introduced two new technologies that will help energy firms discover untapped hydrocarbon resources at the ongoing Middle East Geosciences Exhibition in Bahrain. The two technologies will assi More… |
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Schlumberger wins contract in Iraq's W.QurnaUS oil major ExxonMobil and its partners have awarded a contract to oil services firm Schlumberger to drill 15 new wells in Iraq's West Qurna Phase One oilfield, an industry source familiar with the matter said. The contract award was More… |
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Schlumberger profit surges 28pc to $1bnSchlumberger, the world's largest oilfield services company, posted higher-than-expected fourth-quarter profit of $1.04 billion, or 76 cents per share, up 28 per cent compared to $817 million a year earlier. The company saw a good year ahe More… |
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Shoaibi picks ex-Schlumberger official for key postSaudi-based Shoaibi Group, a leading provider of oil and gas technology products and services, has appointed David Malone, a former Schlumberger executive, as its new chief technology officer. Malone, who has spent over 25 years at S More… |
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US firm sees Iraq oil sector growth in phasesSchlumberger, the world’s largest oilfield services company, expects that in order to avoid extra costs, the companies now setting up shop in Iraq to extract oil will only expand as they win new work. Schlumberger chief executive Andrew Go More… |
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Schlumberger sees new gas drilling regulationSchlumberger, the world's largest oilfield services company, expects new US regulations for a key natural gas drilling process because of public fears about water pollution, its CEO said. Asked by an analyst why Schlumberger supported disc More… |
Investors ‘should look at oil services firms’Investors should consider buying shares of oil services companies such as Weatherford International and Schlumberger because they can benefit from expected increases in global exploration and production, Barron's said in its latest edition. More… |
