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Oil services major, Schlumberger yesterday reported a £116 million growth in profit to £603 million. Total revenue for the firm climbed from £6bn in 2017 to £6.5bn this year. Chairman and CEO Paal Kibsgaard said, “With the outlook for global economic growth and oil demand remaining solid, we continue to see a need for a multiyear increase in international E&P investment, which is very good news for Schlumberger.”
