Headlines

SLB (SLB) CEO says it can ramp up safety in Venezuela, adding that key international markets are expected to surpass last years

Newsquawk Staff ·

  • New term oversupply will likely continue to trend downward on commodity prices though the first half of 2026.
  • Latin America, Middle East and Asia are leading the rebound in 2026 for the international market.
  • Expects Deepwater oilfield service activity to inflect toward the end of 2026.
  • They've received lots of order inquiring from customers. 

What it means

The CEO's remarks suggest confidence in Schlumberger's ability to enhance safety operations in Venezuela while anticipating a recovery in key international markets through 2026. The potential downward trend in commodity prices may indicate challenges ahead, though the uptick in demand for deepwater services could signal a strategic opportunity for growth, particularly in emerging regions like Latin America and Asia.

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