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Schlumberger hits the mark in Q3

One of the largest oil industry subcontractors met expectations on the top and bottom lines in this year's third quarter, shows report released Friday.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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