Schlumberger 1st-Quarter Profit Jumps 63 Percent on Strong International Growth

Schlumberger Ltd. said Friday its first quarter profit spiked 63 percent, as the world’s largest oilfield services provider continued to benefit at the start of 2007 from heavy activity by oil and natural gas companies worldwide.
Net income rose to $1.18 billion, or 96 cents per share, from $722.5 million, or 59 cents per share, a [...]

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