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Schlumberger NV (SLB.N)

SLB.N on New York Stock Exchange

70.09USD
26 May 2017
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$0.70 (+1.01%)
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Wed, May 17 2017

BRIEF-JKX Oil and Gas signs deal with Schlumberger to stimulate 11 wells in Q2, Q3 of this year

* Signed contract with Schlumberger to stimulate 11 wells with multiple zones in Q2, Q3 of this year

BRIEF-Aker BP in 4D seismic contract with Schlumberger

* Has entered into a framework contract with Schlumberger for acquisition of 4D seismic data

Ecuador gives Schlumberger $150 mln in notes to settle part of debt

QUITO Ecuador has given oil services company Schlumberger NV $150 million in central bank notes that can be used to pay taxes, President Rafael Correa said late on Monday, part of efforts to pay down a $1.1 billion debt with the company.

Ecuador gives Schlumberger $150 mln in notes to settle part of debt

QUITO, April 25 Ecuador has given oil services company Schlumberger NV $150 million in central bank notes that can be used to pay taxes, President Rafael Correa said late on Monday, part of efforts to pay down a $1.1 billion debt with the company.

Schlumberger expects reactivation costs to squeeze margins

Schlumberger NV warned on Friday that margins would remain under pressure as the oilfield services provider spends more to bring back idled equipment to meet rising demand from North American shale producers after a two-year lull.

UPDATE 4-Schlumberger expects reactivation costs to squeeze margins

* Q2, Q3 margin growth to lag Q1 - analyst (Adds Breakingviews link)

BRIEF-Schlumberger says "activity has now reached bottom in all regions"

* Schlumberger says "activity has now reached bottom in all regions" - conf call

BRIEF-Schlumberger says do not expect significant sequential growth from Middle East over coming quarters

* Schlumberger sees strength in activity in North Sea, Russia and Caspian regions in coming quarters as the winter season ends, new projects start up

BRIEF-Schlumberger says continued to experience payment delays, primarily from customers in Latin America

* Schlumberger says continued to experience payment delays, primarily from customers in Latin America

Schlumberger posts first revenue rise in 9 quarters as drilling recovers

April 21Schlumberger NV reported a 5.7 percent rise in revenue, the first increase after eight quarters, as a recovery in crude prices spurred shale drilling after a more than two-year slump.

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