Schlumberger Says It Plans to Further Shrink Shale Business

What strategic decision did the company make regarding its shale business?

• Maintain its current shale operations

• Invest in new shale technology

• Expand its shale operations

• Shrink its shale business

How did the purchase of Cameron benefit the company?

• It helped in diversification and improved international performance

• It caused a significant financial loss

• It was a poor investment with no benefits

• It led to a decrease in international revenue

What is the expected trend in the offshore market according to the discussion?

• Stagnation in the offshore market

• A ramp-up in the offshore market

• A decline in offshore market activity

• Complete exit from the offshore market

What challenges are onshore drillers like Halliburton facing?

• Expansion into new markets

• Worsening conditions and potential sales of components

• Improved market conditions

• Increased demand for onshore drilling

What strategic actions are being considered to address the challenges faced by onshore drillers?

• Hiring more staff

• Increasing investment in onshore drilling

• Selling certain components to streamline operations

• Acquiring new companies