Schlumberger third-quarter profit rises as oilfield services demand recovers

Schlumberger NV reported a rise in third-quarter adjusted income on Friday, buoyed by higher demand for the company's oilfield services and related equipment from producers looking to capitalize on a rebound in crude prices.

The world's largest oilfield services provider said net income, excluding charges & credits, was $514 million, or 36 cents per share, for the three months ended Sept. 30, compared with $228 million, or 16 cents per share, a year earlier.

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