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Idling, Inc

It is impossible to enjoy idling thoroughly unless one has plenty of work to do. There is no fun in doing nothing when you have nothing to do. Wasting time is merely an occupation then, and a most exhausting one. Idleness, like kisses, to be sweet must be stolen. - Jerome K. Jerome

Saturday, January 05, 2008

The Stealth Oil Giant

Since taking the top job in 2003, Gould has refocused the company on its core oil-services business. The 61-year-old CEO's biggest efforts have been in Russia, the Middle East, and other key oil-producing regions, where he has won high-powered friends by building training facilities and research labs. Schlumberger's tentacles today stretch from drilling rigs in the scrublands of central Mexico to a 65,000 sq.-ft. research center in Dhahran, Saudi Arabia, to a dreary Soviet-era office complex in Siberia. In each case, Schlumberger's far-flung operations help solidify relationships that threaten Big Oil's dominance of the business.
Posted by Idler at 9:30 AM
Labels: oil

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