20 October 2018, News Wires — Schlumberger NV posted an 18.2 rise in quarterly profit on Friday, as a recovery in crude oil prices boosted demand for its services in North America and international markets.
The world’s largest oilfield services company said net income rose to $644 million, or 46 cents per share, in the third-quarter ended Sept 30, from $545 million, or 39 cents per share, a year earlier.
The Houston-based company’s revenue rose to $8.5 billion from $7.91 billion.
- Reuters
