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Schlumberger: Russian Operational Update – Confident Can Support Russian Clients Without Material Disruption

Based on a high demand for additional information regarding its business in Russia, Schlumberger Limited provided the following third-quarter update today: In the past week, both the United States and the European Union (EU) have announced economic sanctions and restrictions relating to Russia that is affecting its energy, defense and …

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OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance

OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea …

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Schlumberger Declares Quarterly Dividend

The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.40 per share of outstanding common stock. The dividend is payable on October 10, 2014 to stockholders of record at the close of business on September 3, 2014. Source

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Schlumberger Announces Second-Quarter 2014 Results

Schlumberger Limited (NYSE:SLB) today reported second-quarter 2014 revenue of $12.05 billion versus $11.24 billion in the first quarter of 2014, and $11.18 billion in the second quarter of 2013.  Second-quarter revenue was up 7% sequentially and increased 8% year-on-year with International Area revenue of $8.09 billion growing $604 million, or …

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Gazprom Neft Begins Exploratory Drilling at the Dolginskoye Field in the Arctic

Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has started drilling a new exploration well in the Dolginskoye field on the continental shelf in the Pechora sea. The work is being carried out during the ice-free months of 2014 and will involve drilling a single well to a depth of 3,500m and conducting a full range of geological investigations. The experience gained from previous work on the …

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ERIELL Group has drilled the first in Russia commercial development well to Turonian rocks under the project with Severneftegazprom

ERIELL Group has successfully completed drilling of the first well within the framework of the new project with OJSC Severneftegazprom at the Yuzhno-Russkoye oil/gas/condensate field known for some of the most stranded gas reserves. Its peculiarity is abnormally high reservoir pressure, low reservoir temperatures, lithological non-uniformity and variability and low …

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Schlumberger Introduces Industry-First Reservoir Mapping-While-Drilling Service

GeoSphere provides a unique reservoir mapping service around the wellbore to enhance field development strategies and to improve production Schlumberger announced today the introduction of the GeoSphere* reservoir mapping-while-drilling service. The new technology reveals features in subsurface beddings and fluid contacts at the reservoir scale to optimize well landing operations, …

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Schlumberger Announces First-Quarter 2014 Results Schlumberger Limited

Schlumberger Limited today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.57 billion in the first quarter of 2013. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.59 billion—a decrease of 11% sequentially but …

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Schlumberger Declares Quarterly Dividend

The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.40 per share of outstanding common stock. The dividend is payable on July 11, 2014 to stockholders of record at the close of business on June 4, 2014. About Schlumberger Schlumberger is the world’s leading supplier …

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Ruspetro: Yearly Figures – Revenues up 5% – Looking to Restart Development Drilling

Ruspetro plc, is an independent oil and gas development and production company, with assets in the Western Siberia region of the Russian Federation, announces today its results for the full year ended 31 December 2013 and an update on its operations to date. Financial Highlights ·     Revenues of US$79.8m (+5% Y-o-Y) …

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