SLB flags slowing NAmerica demand international lifts profit By Reuters

HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the company topped analysts’ estimates for second quarter profit, helped by a rebound in offshore and international drilling. SLB, the largest oilfield service company and former Schlumberger (NYSE:SLB), joined rivals Halliburton (NYSE:HAL) and Baker Hughes in forecasting…Read More

Leave a Reply

Your email address will not be published. Required fields are marked *