Schlumberger Foresees Solid Growth in 2018 on Drilling, Fracking Demand

SUGAR LAND--January 23, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Schlumberger Limited (NYSE:SLB) (Houston, Texas) is expecting 2018 to be a banner year, with demand for hydraulic-fracturing and drilling services on the rise in North America, and growth expected in major international markets, including the North Sea. Industrial Info is tracking nearly $5 billion in active projects involving Schlumberger, more than $2.8 billion of which is scheduled to begin or finish construction this year.

Within this article: Details on some of the highest-valued global projects involving Schlumberger, including those from major companies such as Hilcorp Energy Company, Statoil ASA (NYSE:STO) and Kuwait Oil Company.