SLB posts a 13 percent rise in Q3 profit but warns of slower revenue growth in Q4 as weak oil prices and customer spending cuts impact the oilfield services company.
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oilfield services
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US oilfield firms are cutting prices and consolidating as mega-mergers reduce their customer base. Discover the industry’s struggles and strategic responses.
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The US oilfield services sector is bracing for more job losses as natural gas prices plummet to their lowest level in more than three years. According to data from the …