Schlumberger Issues Venezuela Operations Update
Schlumberger appreciates the efforts of its main customer in the country to find alternative payment solutions and remains fully committed to supporting the Venezuelan exploration and production industry. However, Schlumberger is unable to increase its accounts receivable balances beyond their current level.
The reduction in activity levels will take place over the current month and will be made in close coordination with all customers in
Additionally, Schlumberger reaffirms its first-quarter revenue guidance of approximately
Schlumberger is the world’s leading supplier of technology, integrated project management, and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 95,000 people representing over 140 nationalities and working in more than 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.
Simon Farrant – Schlumberger Limited, Vice President of Investor Relations
Joy V. Domingo – Schlumberger Limited, Manager of Investor Relations
Tel +1 (713) 375-3535
Joao Felix – Schlumberger Limited, Director of Corporate Communication
Tel: +1 713 375 3494