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Schlumberger Limited (NYSE:SLB) | Schlumberger sees 2 pct fourth-quarter profit hit from Iraq shutdown

[Reuters] – Schlumberger Ltd expects the temporary shutdown of its operations in southern Iraq last month in a “security incident” to reduce fourth-quarter profits about 2 percent, the oilfield services company on Tuesday. . . . → Read More: Schlumberger Limited (NYSE:SLB) | Schlumberger sees 2 pct fourth-quarter profit hit from Iraq shutdown No similar posts.

Schlumberger Limited (NYSE:SLB) [Reuters] – Schlumberger Ltd expects the temporary shutdown of its operations in southern Iraq last month in a “security incident” to reduce fourth-quarter profits about 2 percent, the oilfield services company on Tuesday. “With strong support from the authorities, we are almost back to normal activity levels at this stage, and expect to see continued strong growth for our business in Iraq next year,” Patrick Schorn, Schlumberger’s president of operations and integration, told … [visit site to read more]

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