Schlumberger, the world's number one oilfield services provider, reported a smaller-than-expected fall in first-quarter margins as it continued to execute tight cost controls to combat a decline in drilling activity.
The US shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger, the world's No 1 oilfield services provider, said
Spending cuts already announced by producers - t
Leading oilfield services company Schlumberger has launched the GeoSphere reservoir mapping-while-drilling service.
The new technology reveals features in subsurface beddings and fluid contacts at the reservoir
The world's top oil service company Schlumberger Ltd is expected to resume operations at Iraq's biggest oilfield next week following violent protests at the company's camp, a senior Iraqi oil official said on Thursday.
Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.
Schlumberger, Halliburton and Baker H
Increased oilfield activity in US offshore waters and overseas gave a bigger-than-expected lift to profits at Schlumberger and Baker Hughes, marking a clear divide with struggling smaller US oil services firms.
Schlumberger 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
The 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
Steady 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.
Leading 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