Schlumberger

Schlumberger's business lines range from the oil field to the utility meter to information technology services. The New York City-based company is the second-largest provider of oil field services, behind Halliburton. The company's organization is quite complex, and falls into the following categories (also shown in Chart Form below.

Under the broad category of Oilfield Services, the company performs

Reservoir Development (well construction and well productivity: completion products, directional drilling, drilling bits, drilling fluids, electrical submersible pumps, pressure pumping, and testing); Reservoir Evaluation (wireline and seismic services); Contract Reservoir Management (gas compression services, GeoQuest data management services, integrated services, and production systems services); Resource Management Services, including Electricity & Gas Management (electricity meters, automated meter reading, revenue collection, load management, gas regulation systems, management services, and billing systems); Water Management (water, thermal energy, and industrial fluid meters; water billing and manage

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ruiting and training for the expanding consulting business. Also, the company realigned its Test & Transactions activities in order to better address customer needs and to, according to its Annual Report "expand the opportunities for integrating our consulting, integration and network services expertise into the markets Schlumberger serves, including the oil and gas, utility, wireless, finance, telecom and corporate IT security markets." In addition, the company bought primary competitor Data Marine Systems (DMS) in October, and SEMA in 2000. The company also realigned its research commitment for new mixed-signal testers and its patented dynamic random access memory (RDRAM). Smart Card Sector Although classed as a separate business sector, the Annual Report tends to show the profits from this sector to be derived from bookings for the e-City and e-Payment businesses. Manufacturing delays resulted from semiconductor shortages in the first half of the year, as well as a slowdown in Pay & Display parking meter shipments as European customers postponed deliveries to await new euro-compatible products. The strategy here seems to be to support the other divisions and adopt a "wait and see" attitude. The Annual report says this:
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Some common words found in the essay are:
Oilfield Services, Test Transactions, Sedco Forex, Analysis Macroeconomic, Schlumberger LTD, Technological Schlumberger's, Annual Report, Reservoir Development, Management Services, Reservoir Management, stable profit, management services, mexico south america, south america, mexico south, test transactions, arabia mexico, smart cards, annual report, arabia mexico south, oilfield services, resource management, resource management services, stable profit arabia, oil gas services,
Approximate Word count = 2464
Approximate Pages = 10 (250 words per page)

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