Schlumberger Creates 400 Louisiana Jobs

Schlumberger, the world’s largest oil field services company, is expanding operations in Louisiana as the result of a new natural gas find.

The $48 million project will create 400 jobs the the Shreveport area.

In January, Schlumberger said it would eliminate 1,000 jobs in North America, or 5% of its work force.

The company, based in Houston, Paris and The Hague, employs 19,000 in North America and 84,000 worldwide.