Schlumberger NV reported strong performance in the second quarter of 2025, with international revenue growing by 2%, driven by growth in the Middle East, Asia, and North Africa, which offset challenges in Saudi Arabia and certain offshore markets. The company experienced notable growth in Iraq, the United Arab Emirates, Kuwait, East Asia, China, and Australia. In North America, despite a sequential revenue decline due to seasonal factors in Canada, Schlumberger outpaced the market with increased sales in Production Systems and higher digital sales in U.S. land. The global oil and gas markets have shown resilience, and Schlumberger remains optimistic about steady growth opportunities in the second half of the year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.