Schlumberger Limited announced Q1 2011 revenue of US$8.72 billion versus US$9.07 billion in the fourth quarter of 2010 and US$5.60 billion in the first quarter of 2010.
Industry
Global economy threatened by high oil prices
The latest monthly report from the International Energy Agency (IEA) warned that the global economy could suffer a slowdown unless oil prices fall from their current high levels.
Industry seeks common global HSE standards
A major piece of research, commissioned by international skills body - OPITO, has revealed that the industry overwhelmingly supports common global standards for health and safety training.
Kingdom eyes rig count boost
Saudi Arabias plan to boost the number of oil rigs at its disposal by 28 per cent suggests the kingdom may be struggling to maintain the 12.5mn barrels a day of output capacity it has long said is in place.
Emerson Process Management strengthens its presence in India
Emerson announced it has acquired full ownership of its Fisher Sanmar Limited joint venture from Sanmar Engineering Corporation, expanding the capabilities of Emerson Process Management in India.
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