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SLB posts lower quarterly profit on weak Saudi, LatAm oil drilling activity
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SLB posts lower quarterly profit on weak Saudi, LatAm oil drilling activity
Jul 18, 2025 4:22 AM

July 18 (Reuters) - Top oilfield services company SLB

reported a lower profit for the second quarter on

Friday, as weaker drilling activity in Saudi Arabia and Latin

America dragged its international business.

SLB, formerly known as Schlumberger ( SLB ), said net attributable

income to company, stood at $1.01 billion, or 74 cents per

share, for the three months ended June 30, compared with $1.11

billion, or 77 cents per share, a year earlier.

(Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj

Kalluvila)

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