Schlumberger Issues Venezuela Update
31 Março 2013 - 3:00PM
Business Wire
Schlumberger CEO Paal Kibsgaard commented, “In Venezuela, after
meetings with PDVSA, the collections have improved to the point
that we will recognize all revenue associated with our
first-quarter operations. We further expect to finalize a new
payment agreement with PDVSA and we anticipate ramping up
activity to meet the current and future needs of PDVSA's
development and production plans, thereby continuing our commitment
to Venezuela.”
About Schlumberger
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
more than 118,000 people representing over 140 nationalities and
working in approximately 85 countries, Schlumberger provides the
industry’s widest range of products and services from exploration
through production.
Schlumberger Limited has principal offices in Paris, Houston and
The Hague, and reported revenues of $42.15 billion in 2012. For
more information, visit www.slb.com.
This press release and other statements we make contain
“forward-looking statements” within the meaning of the federal
securities laws, which include any statements that are not
historical facts, such as our forecasts or expectations regarding
business outlook; increased activity in certain areas of the world;
the business strategies of Schlumberger’s customers; future global
economic conditions; and future results of operations. These
statements are subject to risks and uncertainties, including, but
not limited to, changes in exploration and production spending by
Schlumberger’s customers and changes in the level of oil and
natural gas exploration and development; delays in collections of
receivables; general economic, political and business conditions in
key regions of the world; operational delays; and other risks and
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