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Combined net income of Halliburton, Baker Hughes and SLB in 2022 was the highest since 2014
There is still plenty of money to be made from the grunt work when crude is at $80 a barrel
Resulting rise in upstream activity boosts oilfield services sector that had been battered by pandemic
Schlumberger, Halliburton and Baker Hughes are partners of state-backed Rosneft and Gazprom
Oilfield services companies bore brunt of last year’s crash but prices have rallied and other signs are encouraging
Bellwethers for global oil industry say activity is picking up but caution recovery still fragile
World’s biggest oilfield services company suffers $3.4bn net loss after US shale collapse
Donald Trump’s efforts to end a price war backfired leaving the industry on its knees
Writedowns do nothing to tackle underlying problems for oilfield services group
Replaces Paal Kibsgaard, who announced he will retire at the end of July
World’s largest oilfield services company reveals federal inquiry in court filings
The market’s heated rush into oil services should cool in the near-term
Oil services companies are under strong pressure from crude producers to cut their charges
Halliburton and Schlumberger are a good way in to national oil companies
UK oil services company shows there is still momentum in the sector
The company is following the least risky strategy – denying any responsibility
Next chairman to lead search for chief executive
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