Oil services giant Halliburton has seen its profits rise by 17% in the third quarter.
The rise of $104million (£64.3million) compared to the same period last year to $706 million was driven by increased activity in Russia, Saudi Arabia and Angola, the company said.
“Our Eastern Hemisphere growth continues to lead our peer group,” chief executive Dave Lesar said in a statement.
“Consistent with prior years, we expect the fourth quarter in the Eastern Hemisphere to be our strongest quarter of the year, due to seasonal year-end software and equipment sales.”
Operations in North America, Canada and the Gulf of Mexico also contributed to Halliburton’s revenue growth, the company added.
Halliburton announcement follows higher-than-expected quarterly results by Schlumberger and Baker Hughes last week.
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