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NDP - Schlumberger CEO sees 'tough year in North America' as shale boom slows
Tortoise Energy Independence Fund Inc.
U.S. shale production likely will slow this year as drillers cut their budgets in response to lower oil prices, says Schlumberger (NYSE:SLB) CEO Paal Kibsgaard, who is seeing the company's customers taking a more conservative spending approach so far.
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