Oil Service Stocks: A Deep Sea Play Whose Time May Have Come [View article]
You are correct in your note that SLB is not a deep sea contractor. However, SLB provides a lot of geo-steering for each of these drilling companies you mentioned. In fact SLB had owned RIG before it decided to get out of the drilling contract business. If offshore drilling picks up you can be sure SLB will have a hand most of it. They have the expert knowledge of how to drill for a reservoir target.
Oil Service Stocks: A Deep Sea Play Whose Time May Have Come [View article]