The company, in which oilfield giant Schlumberger is trying to take a significant stake, also lost market share in Russia as Lukoil scaled back operations with the company.
Net profit for the six months to the end of June was $90.56 million, well down on the $201.12 million taken a year earlier.
Revenues were slashed from $1.55 billion to $922.7 million on the weaker Russian rouble, the drop in oil prices and a reduction in drilling activity in Russia.
Much
