Schlumberger: Market looks challenging
Houston (UPI) Oct 16, 2015 - Revenue from North American operations alone dropped 4 percent in the third quarter as the oil business environment declined further, Schlumberger said. "For oilfield services, the market outlook for the coming quarters looks increasingly challenging with activity expected to be reduced further," Schlumberger Chief Executive Officer Paal Kibsgaard said in a statement. Schlumberge ... more
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