Finance

Buoyant SLB reports ‘robust activity gains’ with growth in offshore markets as first quarter profit surges

Oilfield technology and services giant company boasted an 83% increase of net income year-over-year

Busier: SLB chief executive Olivier Le Peuch said increasing business activity had offset seasonal decreases in revenue.
Busier: SLB chief executive Olivier Le Peuch said increasing business activity had offset seasonal decreases in revenue.Photo: PHIL MCCARTEN/CORPORATEEVENTIMAGES/UPSTREAM
Houston
SLBOlivier Le PeuchUSAmericasNorth America
Published 21 April 2023, 12:11Updated 22 April 2023, 00:24