October 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Citing concerns about energy security given recent geopolitical events, the head of upstream services company SLB (NYSE:SLB) (Houston, Texas) said operations in the U.S., a major producer, "remained subdued."

SLB, formerly Schlumberger, reported net income for the three months ending September 30 of $9.2 billion, unchanged from the second quarter but 10% better than year-ago levels.