Oct 17 (Reuters) - SLB beat Wall Street

estimates for third-quarter profit on Friday, helped by strong

demand for its oilfield equipment and services in North America.

The company reported an adjusted profit of 69 cents per

share for the quarter ended September 30, compared with

analysts' estimate of 66 cents, according to data compiled by

LSEG.

Quarterly revenue from its North America segment rose to

$1.93 billion from $1.69 billion a year earlier, also topping

estimates of $1.84 billion.

record

"Looking ahead, it is more likely that the international

markets will lead an activity rebound when supply and demand

rebalance, supported by sustained investment for oil capacity,

gas expansion projects and a constructive outlook for

deepwater," SLB CEO Olivier Le Peuch said in a statement.