Global business picking up for services giants

摘要

TOP global services players Schlumberger and Halliburton both reported steady results in the first quarter that showed improvement and new momentum in their international and offshore businesses, though both companies are still fighting headwinds from a softer North America onshore sector. Schlumberger expects global E&P investments to rise by 7% to 8% in 2019 - consistent with third-party surveys - owing to a higher rig count and a rise in final investment decisions.