Demand for oilfield services in the region is especially strong in Iraq, as the country is expected to expand its production capacity over the next few years.

FORBES: Schlumberger Could Pop Up To $105 If Earnings Deliver

Lynch calculates that global production capacity will expand by a net 2 million bpd this year and 3 million bpd in 2007.

FORBES: Magazine Article

On Thursday, the company announced plans to expand production from solar panels with 15 megawatts of annual generating capacity this year to more than 100 megawatts in 2009 and to 500 megawatts in 2012.

FORBES: Magazine Article