SLB gives low costs with effects of oil manufacturers and tariffs

The oil service provider showed a potential landing spent by oil producers and stressed the impact of tariffs in the first quarter of the company (Q1).

The company’s Q1 revenues decreased by expectations for a short period of 3% to $ 8.49 billion, in Mexico, in Mexico, in Saudi Arabia and a slow start and sanctions in Saudi Arabia and Sea Africa.

In Latin America, the company saw up to 10% of the total international revenues contribution to 5% of the total international income, 10% of the income of 10% invested in $ 6.73 billion.

On the other hand, the company has increased 8% of North America’s annual income, partially managed in the information center infrastructure, so the United States has been partially replaced by US lands.

The company’s financial results expressed Q1 for major oil fields for US major oil fields, and expressing concerns about the decline in the costs of the tariffs with Halliburton and Baker Hughes Reuters.

Earlier this week, Halliburton gained the earnings and North American oil bedding. Similarly, Baker Hughes predicted deeper spending cuts by global oil producers.

SLB CEO Olivier Le Peuch said: “We expect customers to be stronger than in the Middle East and Asia, compared to the above 2024.”

He noted that half of the SLB operations can be affected by tariffs, especially the trade materials between the United States and China.

The company takes steps to optimize the supply chains and intends to cross some tariff expenses to its customers.

The SLB also focuses on reducing and aligning costs with projected activity levels in the next quarter.

In February, the SLB reduced a certain business function and reducing the workforce.

For the second half of 2025 (H2,2025), SLB, from the income from the apartment from H1 to a medium-level percentage increase.

Before this month, SLB Won a contract from Woodside Energy Drill 18 ultra-deep water wells for the trio project in Mexico.

“SLB oil producers and less expenses by the impact of tariffs” was originally created and published Marine technologyA global brand.

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