While reporting its fourth-quarter financial results today, oil service provider Schlumberger Ltd. (SLB) said that it has decided to exit the marine and land seismic acquisition market and also turn its WesternGeco product line into an …
** Schlumberger stock slumps after both it and Baker Hughes warn of slowdown in N. American oil services sector. ** World's top two oilfield services firms warn of a challenging fourth quarter, as investment slows due to soft oil prices and …
Schlumberger Limited. (NYSE:SLB) has been in the energy patch since the early 1900’s, so it has seen a few ups and downs in this highly dynamic sector. The energy sector is a domestic and global economic bellwether — when times …
Oct 20 (Reuters) - Schlumberger :Schlumberger announces third-quarter 2017 results.Q3 earnings per share $0.42 excluding items.Q3 revenue $7.9 billion versus I/B/E/S view $7.91 billion.Q3 earnings per share view $0.42 -- Thomson …
Energy stocks as a group, while still tracking lousy performance in both absolute and relative terms year to date versus the broader U.S. stock market last week showed a spark of hope. Shares of oil services company Schlumberger Limited. …
HOUSTON: The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its customers’ oil and gas projects - investing in the same ventures it supplies with equipment and expertise. The …
The acquisition of Russia's Eurasia Drilling Co (EDC) by U.S. oilfield services giant Schlumberger has been held up by U.S. sanctions on Russia, Russian Deputy PM Arkady Dvorkovich was quoted as saying by local news services. …
Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd to provide $700 million for the development of two oilfields in the country’s crude-rich south. The Anyala and Madu fields, estimated to have reserves of 193 million …
Leading bourse National Stock Exchange (NSE) will drop Cairn India from the securities lending and borrowing (SLB) segment from tomorrow as the cash-rich oil producer has merged into its debt-ridden parent Vedanta. Besides, equity …