“Our year-to-date high single-digit international revenue growth continues to be underpinned by international investment levels. “Sustained international activity drove overall growth despite mixed results in North America,” Le Peuch said. Former CEO Paal Kibsgaard, who retired in August, had warned during the 2Q2019 conference call that North American land activity through the end of the year would be down. However, Latin America revenue declined 9% sequentially on lower activity in Argentina and Mexico. Artificial lift solutions were higher in North America land, North Africa, Ecuador and Europe.

Source: The North Africa Journal October 18, 2019 15:33 UTC