Libyan contracts lift Schlumberger 2020 year-end results
Olivier Le Peuch, CEO of the global oil services giant, is counting on the reorganisation of the divisions—effective since the fourth quarter of 2020—to boost its performance and reduce debt in 2021.
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▪ Libyan contracts lift Schlumberger 2020 year-end results
▪ Olivier Le Peuch, CEO of the global oil services giant, is counting on the reorganisation of the divisions—effective since the fourth quarter of 2020—to boost its performance and reduce debt in 2021.
▪ https://www.africabusinessplus.com/en/806790/libyan-contracts-lift-schlumberger-2020-year-end-results/
The Europe/CIS/Africa zone is the second-largest revenue-generating zone for Schlumberger with $1.4 billion in revenues in the last quarter, behind the Middle East and Asia ($2 billion). At the end of 2020, Africa’s performance was notably able to offset that of the CIS, which always slows down in winter.
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