Oilfield Firm SLB’s Profit Rises on International Drilling Demand

(Reuters) – Top oilfield services firm SLB  reported a 14% rise in first-quarter profit on Friday, in line with analysts’ estimates, as strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North America activity. The company, which also reaffirmed its previous guidance of mid-teens profit growth for the full … Read more