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Schlumberger, boosted by strong growth in Iraq and Saudi Arabia, posted third-quarter 2011 revenue of US$10.2 billion against US$9.6 billion in the second quarter of 2011, and US$6.85 billion in the third quarter of 2010.

Honghua Golden Coast Equipment FZE (HHGCE), one of the biggest petroleum drilling rig manufacturer in China, has opened its regional office in JAFZA.

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