sector: Energy ·
industry: Oil Related Services & Equipment ·
As of
24 Nov 2009
65.56USD
Schlumberger Limited (Schlumberger) is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. The Company consists of two business segments: Schlumberger Oilfield Services and WesternGeco. The Schlumberger Oilfield Services provides range of products and services from exploration to production. Schlumberger Oilfield Services is a provider of technology, project management and information solutions to the international oil and gas exploration and production industry. WesternGeco provides reservoir imaging, monitoring and development services, with seismic crews and data processing centers in the industry, as well as a multi-client seismic library. During the year ended December 31, 2008, the Company and First Reserve Corporation acquired Saxon Energy Services Inc., a land drilling contractor with activity in North and South America.
BRIEF: For the nine months ended 30 September 2009, Schlumberger Limited's revenues decreased 17% to $17.17B. Net income from continuing operations decreased 45% to $2.34B. Revenues reflect a decrease in income from Oilfield Services and lower revenue from WesternGeco segment. Net income also reflects decreased gross profit margin and lower income from continuing operations. The company is the supplier of technology, integrated project management etc.
Schlumberger N.V.
5599 San Felipe
17th Floor
Houston TX 77056
P: +1713.5132000
F: +1713.3753500