Schlumberger narrows 2Q loss. Sees number of shallow water FIDs ahead

Schlumberger has narrowed its second quarter loss to $74 million, compared to $2,16 billion a year ago. The world’s largest oilfield services provider posted the second quarter revenue of $7,46 billion, 4 percent up from $7,16 billion in the corresponding quarter of 2016. Sequentially, revenue grew eight percent, as Schlumberger had reported a revenue of […]

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