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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.

 Company looks forward to 2020 prospects

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 customers...

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