Schlumberger NV

Libya's National Oil Corp (NOC) said on Wednesday its Chairman Mustafa Sanallah and Schlumberger Ltd Chief Executive Olivier Le Peuch agreed on technology transfer talks to help restart the country's oil wells and improve output.

* Union members work at oil and gas platforms and mobile rigs

Some 262 oil service workers at Schlumberger's Norwegian unit plan to go on strike from Dec. 3 if annual negotiations with employers over pay and working conditions were to fail, the Safe trade union said on Thursday.

Lufkin Industries said on Monday it had acquired oilfield services giant Schlumberger's <SLB.N> North American unit that helps boost production from wells using so-called rod lift gear.

Top oilfield services provider Schlumberger NV <SLB.N> on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.

Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's prolonged slump in oil prices due to the COVID-19 pandemic compelled its major energy customers to shun drilling.

Top oilfield service firm Schlumberger NV expects to return to 2019 level pre-tax margins by the end of next year, a sign the oil industry faces a long-haul to recover from the latest oil-price crash.

Top oilfield service provider Schlumberger NV said Tuesday it will tap technology from International Business Machines Corp to bring oilfield software to countries such as Saudi Arabia and Russia that have strict data sovereignty laws.

Liberty Oilfield Services' acquisition of Schlumberger's shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co <BKR.N> in a bet on a shale rebound.

Oilfield services firm Schlumberger <SLB.N> agreed to sell its North American shale fracking business to rival Liberty Oilfield Services <LBTR.N>, unloading a unit that underperformed during the shale bust.

Schlumberger said on Tuesday it would combine its North America fracking business with Liberty Oilfield Services Inc and take a 37% stake in the new combined company.

Oilfield services giant Schlumberger NV <SLB.N> on Friday outlined plans for deeper spending cuts after recording a $3.7 billion charge and a second straight quarterly loss on thousands of job cuts and a pipeline outage in Ecuador.

Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording $3.7 billion in impairment and restructuring charges as its major customers pulled back activity amid this year's oil price crash.

Oilfield services provider Schlumberger NV <SLB.N> expects to book a charge to earnings of up to $1.4 billion for an accelerated restructuring and new job cuts, Chief Executive Officer Olivier Le Peuch said at a energy conference on Tuesday.

Oilfield services provider Schlumberger NV expects a charge of up to $1.4 billion due to its ongoing restructuring and related layoffs, Chief Executive Officer Olivier Le Peuch said at a conference on Tuesday.

Schlumberger <SLB.N>, the world's largest oilfield services firm, will reshuffle top executives and operations in coming months to deal with this year's historic decline in the oil industry, according to a memo to employees.

Schlumberger NV <SLB.N>, the world's largest oilfield services firm, on Friday reported a first-quarter loss due to $8.5 billion in charges, as customers accelerated spending cuts amid the continuing decline in oil prices.

Schlumberger NV said on Friday it recorded an $8.5 billion charge to earnings as the world's top oilfield services provider slashed the value of some of its units following the collapse of oil prices.

* HAS APPROVED SCHLUMBERGER LIMITED'S APPLICATION TO DELIST ALL OF ITS SECONDARY LISTED REGISTERED SHARES Source text: https://bit.ly/3aKKUHG Further company coverage: (Gdansk Newsroom)