SLP's quarterly profit falls due to declining oil exploration in Saudi Arabia and Latin America.

July 18 (Reuters) - Leading oilfield services company SLP reported a drop in second-quarter profit on Friday as weak exploration activity in Saudi Arabia and Latin America weighed on its international business.

The company, formerly known as Schlumberger, said net income attributable to it was $1.01 billion, or 74 cents per share, in the three months ended June 30, compared with $1.11 billion, or 77 cents per share, a year earlier.

(Prepared by Noha Zakaria for the Arabic edition - Edited by Marwa Gharib)

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