Schlumberger notes better than expected June quarter

OILFIELD service giant and industry bellwether Schlumberger has reported better than expected results in its latest quarterly, with worldwide revenue up 5% sequentially and cash flow from operations at US$1.1 billion.

Schlumberger notes better than expected June quarter Schlumberger notes better than expected June quarter Schlumberger notes better than expected June quarter Schlumberger notes better than expected June quarter Schlumberger notes better than expected June quarter

 

Australia was a strong sector this quarter, reflecting what local analysis suggests is a resurgence in the exploration and production sector, but the heralded shale boom that saw the US 

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