The three biggest oilfield service providers have all announced asset sales as they adapt to an environment featuring laxer demand for their services, Reuters reports . Halliburton is selling its pipeline and process services business and hopes to find a buyer and finalize the sale by the end of June. Schlumberger and Baker Hughes are selling various business operations, according to unnamed sources who spoke to Reuters, that could fetch up to $200 million each. Combined, the asset sales sought by the big three, which hold a combined 26 percent of the oilfield services market, could generate $800 million. Analysts recently said they expected Halliburton to report a decline in profits for the fourth quarter of 2019. For Schlumberger, however, some expected a forecast-beating result for 2019, thanks to the company’s diversification away from its core home market—they were not disappointed. On Friday before the bell, Schlumberger reported better […]