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Schlumberger cuts spending 30%, eyes rapid slowdown in oilfield activity

(Reuters) - Schlumberger, the world’s largest oilfield services company, on Tuesday said it would cut spending by 30% this year from last year’s levels...

Former Schlumberger CEO elected to Oxy Board

Occidental Petroleum Corporation (NYSE: OXY) said Thursday Andrew Gould, former Chairman and Chief Executive Officer of Schlumberger Limited, has been elected to its Board...

Schlumberger provides world-class software, equipment to University of Guyana

US-based oilfield services company Schlumberger is throwing its support behind Guyana’s premier learning institution with the supply of computer systems, software and training. The contribution...

TOTALTEC Academy graduates join Schlumberger

TOTALTEC Oilfield Services Guyana has confirmed that the first group of successful graduates from its inaugural Oilfield Safety Training and Operator Programme...

Schlumberger CEO warns of tightening oil market

The head of the world’s largest oilfield service company warned of growing global supply challenges in the coming year as Venezuelan production falls and...

Schlumberger to exit land, marine seismic acquisition business

(Hart Energy) Schlumberger Ltd. (NYSE: SLB) has decided to exit the land and marine seismic acquisition business, which has been battered by the downturn and...

Top oilfield services firms signal fourth-quarter uncertainty

(Reuters) - The world’s top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter...