Schlumberger net profit rises 49 pct on overseas drilling boom

Fri Jul 19, 2013 6:07am EDT
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July 19 (Reuters) - Schlumberger Ltd, the world's largest oilfield services company, reported a 49 percent jump in quarterly profit as drilling activity outside North America touched a 30-year high.

Net income rose to $2.10 billion, or 1.57 per share, in the second quarter, from $1.40 billion, or $1.05 per share, a year earlier.

Revenue rose 8 percent to $11.18 billion.