HOUSTON, February 03, 2023--SLB (NYSE: SLB) today announced it has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions.
Oil Services ETFs should gain on upbeat earnings. These ETFs have a strong Zacks Rank.
Concern over peak oil prices is a thing of the past as there is more demand than the industry knows what to do with now.