Schlumberger warns weak fracking demand to hurt its North America Q4 revenue

Reuters Nigeria
@reutersnigeria
5 years ago

HOUSTON, Dec 4 (Reuters) - Schlumberger, the world'slargest oilfield services provider, warned investors on Tuesdaythat its North America revenues would likely decline 15 percentin the fourth quarter sequentially on steeper-than-expectedprice declines in hydraulic fracturing.