Oil services provider Baker Hughes Inc. said Wednesday it anticipates full-year revenue for regions other than North America to climb between 19 percent and 20 percent compared with a year ago.
The regions include Latin America, Europe, Africa, the Middle East, Asia Pacific, Russia and the Caspian area.
The company sees its U.S. revenue increasing 7 percent over the prior year, assuming U.S. drilling activity for the rest of the year remains flat with the first quarter.
Capital spending is expected to be between $1 billion and $1.2 billion for the year 2007.
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