Schlumberger Limited.

Oilfield services provider Schlumberger NV on Friday reported a quarterly loss, compared with a profit a year earlier, as it recorded a goodwill impairment charge of over $12 billion.

Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns.

Schlumberger NV Chief Executive officer Olivier Le Peuch said on Wednesday the world's largest oilfield service provider would look to sell or exit businesses that do not meet its profit goals, less than two months after taking the top job.

Oilfield firm Schlumberger NV <SLB.N> on Friday named Chief Operating Officer Olivier Le Peuch as chief executive as the company looks to shore up its world-leading position in oil and gas technology services.

Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world's largest oilfield services provider counter weakness in North America.

Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the top oilfield services provider bets on a technology expert to steer it back to its strengths in high-tech equipment.

Oilfield services bellwether Schlumberger NV on Friday is forecast to post modestly higher profits for its second quarter, but investors will be listening closely to what tech expert Olivier Le Peuch has to say about its future direction.

Saudi Arabia’s Industrialization and Energy Services Company (TAQA) said on Sunday its drilling subsidiary, Arabian Drilling Company, has agreed to buy Schlumberger's Middle East onshore drilling rigs business in Kuwait, Oman, Iraq and Pakistan for $415 million.

Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.

Khobar-based Arabian Drilling Company (ADC) will acquire the Saudi drilling business of Schlumberger, news publication Al Maaal reported on Sunday, citing unnamed sources.

Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand.

Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.

Schlumberger NV, the world's largest oilfield services provider, will stop taking new field management contracts, which have been criticized for their heavy upfront investment, while it seeks to sell off some existing deals, its chief executive officer said on Monday.

Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday.

Qatar Petroleum signed preliminary deals worth more than 9 billion Qatari riyals ($2.47 billion) on Monday with oil services firms Schlumberger and Baker Hughes to boost the local energy industry.

Schlumberger NV on Friday named Olivier Le Peuch as chief operating officer, setting him up as a possible successor to Paal Kibsgaard for the top role at the world's largest oilfield services company.

Russia's anti-monopoly service (FAS) said on Wednesday that various forms of cooperation were still possible with oilfield services giant Schlumberger despite the company's bid for Eurasia Drilling Company falling apart.

U.S. oilfield services giant Schlumberger said on Tuesday it will continue looking for alternative ways to work in Russia's onshore drilling market despite its bid for Eurasia Drilling Company (EDC) falling apart.

U.S. oilfield services giant Schlumberger has withdrawn its bid for a stake in Russia's Eurasia Drilling Company (EDC) Russia's Federal Anti-monopoly Service (FAS) said on Monday.