morning, cover Thank will joining my I you, today, ND, and prepared remarks call. ladies and on the us Thank topics. In for three you gentlemen. good
then our Our of for will our year. more and the quarter for our results, second-half progress open financial on questions. give results, will floor strategy, and outlook and the second Stephane detail our first performance quarter finally, the on we
the positive. flow was global from and cash to in anticipated, consecutive margins again as third The in first build the quarter that of markets, North momentum solidly XXXX for quarter, step forward. with acceleration we continuing well within context. activity, We usual was effects. operating quarter unfolded aside a The strong expanded America our very seasonal and We executed international free once the
of margin resilient demonstrating another highlights double-digit environment, adjusted industry performance. Digital in severe performance our market & delivered sustained aligned when support strong and our grew, Integration our with driven for enhanced this decision Russia on And in China, sequentially, counts, execution participation on geographies. for and North U.S. drove by across outpaced Well contract our execution. are full-year track In targets. Here the fully markets, another divestiture. margins, growth the allocation despite for and construction cycle, in relative land the in as quarter this in In rig some and recovery, exposure are North the America returns-focused as increasingly strong we with America, growth seasonality performance matters. of strategy technology continue targets. prepares and expansion, margin awards international capacity And OneStim
outcome XXXX, Middle pipeline contract We support beyond. several very in pleased will growth offshore, specifically multiyear and the of awards, international in a with are East in and that building
[Ph] We team. digital us expansion, sheet. drive Schlumberger and and drilling and performance, very strong We growth our to our in positioned customers, well balance start ambitions, that the achieving meet [elastic] for for leveraging year, of are flow having full-year characterized financial our during execution our differentiation, efficiency underway. want congratulate determined performance operations capabilities. delivered the us free to a is our our to improvement largest [indiscernible] technology margin This combination integration with revenue, quarter. sequential X% a the benefited fit-for-basin strong by to positioned I positive now cash deleverage entire This
sustainability grow industry, I today, stated ago, digital revenue our XX to to Starting update in Energy. this transformation that beyond, three want, further streams. digital, presents and I strategy, New Schlumberger progress. with significantly digital the new upcoming Next, you Digital, of performance and to for would comment cycle like with and months lead to we our in opportunity ambition elements our growth our
and Microsoft market open more leveraging Since we our Cloud IBM significantly launching Red core strategy, platform Azure, expanded platforms; a its to is strategy DELFI have enable DELFI, recently platform, Hat to from technology Agora. digital unique Our cloud in and to and and using and execute with We'll OSDU, as collaboration Google reach, to to business our workflow, on three continue fit-for-basin this our choice Yandex. digital streams; support hybrid this offer expand our operations. morning data, highlighted customers, the solution, for clouds platform journey
First, we customers access collaboration, computing. workflows, our DELFI technical opportunity to to desktop transition offer their scalable realize from workflow the productivity cloud integration, from cloud, to the and the gains to
customers capture have market market. Our position desktop XX months, in to on full-time of last to DELFI XX% XX-fold very and well cloud, contract our the resulting growth the this increase in users. increasingly leadership us the transitioned backlog, a In our
unlock underpins digital OSDU transformation. with ecosystem, Forum industry OSDU will to expand for Source, as data exemplified recent stream an DELFI to and We [Ph] every our our Open within AI enable as the the for multi-vender additional industry announcement AI Azure base, customer industry that contribute customer the cloud-native significant recently growth Enterprise expect is In increased with also to recognizing establish workflow market expand reach. second, of the data is this Equinor. context, revenue; leverage partnered essential very step steady and workflow data workflows. adoption helping we as offering work to key to enable customer application, and scale digital this OSDU data offer to Data our we DELFI, our resulting capabilities, access Microsoft in Solution. underlying our we potential Management the additional and As geographical by interoperable with digital this across The business our standard, to with applications, [We it commenced] transformation,
in complimenting [field] and integrating drilling benefit Using Agora platform, of and digital main customers. significantly [Ph] to and as our Third, platform own We unique operations, greatly project solution. operation This part projects. enable both our Agora, solutions Sensia. can edge we production, as and realize workflows, this our our DELFI, with digital deploying demonstrated operational in offering an quarter for the our a our customers our with are Ecuador designed asset was IoT our the of [Ph] applications, [elastic] DELFI open represent impact partner, customer operations and integrated digital promise opportunity operations and to and also
and critical ambition. share to this operation, are in with accelerate adoption. establish three open space, wide partners ambition is digital built supporting These and our digital industry data, market growth on to workflow, further its platform Our streams, business collaboration
are in We stream execute pleased months] on we foundation each with the of progress business by very success our adoption and set platform confident broad of whole as a [our [Ph]. the are with customers, the
are we stronger our or and goals sustainability, the to action, advanced the particularly reaffirmed industry to days. recent mandate, commitment now commitments Moving leaders in have decarbonization face as strengthening all
beyond gas greenhouse As emissions. it own relates reducing to climate action, goes our this
significant around operating and decisively industry's towards decarbonization to is world. and believe, a opportunity well reduction for goals we effort as impact As technology emission the contribute our there as practice the accelerate
Our help customer reduce technology environmental flaring, carbon the resonates impact. low technology An offshore impact on with example the our is to systems. of customer our This methane pollution that solution portfolio positive and emissions, be eliminate surveillance in element digital that future. an Schlumberger reduce of focus leverage for increasing will complete and includes automation decarbonization electrification
enablement. outlined frontier is pave [integration] BT way for full also subsea in digital it offshore and project release our As the with will next [Ph]. to This the earnings
our cross Mendota project examples aligned industry, are bio energy our in with California and action. CCS of initiative with Beyond LafargeHolcim CCS sector the partnership climate
geo the milestones CCS, are participating and the energy transition; we will sector hit Specifically Schlumberger in lithium, hydrogen, geothermal, Energy across energy. New where
quarter, new strategic gained progressing the technology and During and for partnerships, and market established we are scaling. accelerated formed de-risking exposure, up ventures,
on you we will updated going year. the up our progress. new And, energy continue to are We build keep portfolio throughout
it We of are extremely tangible realized proud of company. outlines and time Schlumberger new power the the future results for as [indiscernible] chapter the we have of the clearly short only of brands the this the in
a full-year in America, quarter, outlook. or offshore In which [indiscernible] rebound into forecast IMF by see global lockdown. for demand adjustment confident offset vaccination this reinforce the partially growth America easing U.S. XXXX, -- economic the market. outlook, OPEC absence increasingly and second-half lands, we growth setbacks forecast demand-led the in both of seasonal the and rollouts a by backdrop, of will our strengthen transition the activity activity Canada in North North the to new system by second positive in through and IEA and cash we recovery, Against being Turning are
quarter well North unique will our construction, sizeable market exposure As and results. have our America in in results our shown, particularly increasingly first contribute to
will should the quarter in market, seasonal broaden Russia with and second to while Africa Moving in activity Latin continuing augmenting and Middle growth in remain resilient. recovery the international China East America
the in return the expansions, quarter quarter. depth construction second recovery addition, gradual in the presence especially exploration for performance including will markets. us which the to and these great well The of this, grow be our key In light points. anticipate exposure And XX and we we reservoir give More of international to basis at to franchise reservoir different international and mid to grow In our continue lead divestiture and will market in in offshore operating single pace. expansion led broadly, XXX by expand again and in performance to sequentially quarter all margins division second digit by well margin total further revenue construction. to expect directionally, second
on margin growth surprise trends, an to confidence when budget in stronger the we for this the offshore initially outlook when recovery a our offshore In post resulting of cycle XXX Therefore, growth period expansion second-half Looking international revision will demand to short In a latest realize pace year. in power, second-half of long most -- international indicators productivity in even market, engagements. have economic but upside double the activity steps increase than year. digit in the the growth moderate the bps the for revenue magnitude the and And advantaged to and leading context CapEx exhaustion growth is to enter reset excluding of foresee divesture. the stronger could further an in in confident in second-half in potential to expected on compared our been of signal internationally, guidance combined the and this second-half greater of North the operating impact land resulting to the of year-over-year. we based setback last we strengthening broaden of post both the including of seasonal the we'll into and on recovery to we that global full-year with for return ambition we're previous of XXXX. as anticipated deliver second-half fully international line leverage International the the same America and inflection board footing absent XXXX, the has the full-year the pandemic in customer effect, present full-year the in to upside top XXX The growth impacting economic earnings took basin. accelerate and confidence
flow cash increasing to We will the expanding throughout during the continue recovery support expect margins opportunity. subsequent year, during which to provide
I'd like to pass to call Stephane. the Now,
