Schlumberger yearly revenue flat, focussed on international markets

OILFIELD service giant Schlumberger has released its full year and fourth quarter 2019 results, noting full-year worldwide revenue was flat at US$32.9 billion, with international revenue growth of 7%, $8.2 billion of which was made in the fourth quarter, a decrease of 4% sequentially.

Schlumberger yearly revenue flat, focussed on international markets Schlumberger yearly revenue flat, focussed on international markets Schlumberger yearly revenue flat, focussed on international markets Schlumberger yearly revenue flat, focussed on international markets Schlumberger yearly revenue flat, focussed on international markets

Company looks forward to 2020 prospects

 
The biggest fall of revenue came from onshore North America, which was down 14% sequentially, driven largely by the land market weakness affecting the company's pressure pumping business, as

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