Moody's rates Schlumberger A1

Moody's Investors Service said it assigned an A1 issuer rating to Schlumberger Holdings Corp. with a stable outlook and affirmed its Prime-1 rating.

Moody's also affirmed parent Schlumberger Ltd.'s A1 and Prime-1 ratings, reflecting its competitive position as the petroleum industry's largest oilfield services company.

The issuer rating benefits from a one notch uplift that factors in the subsidiary's size and strategic importance to Schlumberger Ltd., Moody's said.

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