Schlumberger profit rises on international strength

Fri Oct 19, 2012 6:11am EDT

Oct 19 (Reuters) - Schlumberger Ltd, the world's largest oilfield services company, reported a higher quarterly profit on Friday, lifted by its strength outside the volatile North American market and its exposure to the offshore drilling boom.

Third-quarter net income rose 9 percent to $1.42 billion, or $1.07 per share, from $1.30 billion, or 96 cents per share, a year earlier.

Revenue increased 11 percent to $10.61 billion.