IN THE UNITED STATES COURT OF APPEALS

FOR THE FIFTH CIRCUIT

No. 96-20373

SERVICES DOWELL SCHLUMBERGER SA, Plaintiff-Appellant,

versus

DUFERCO INTERNATIONAL TRADING LTD, ET AL Defendants

DUFERCO INTERNATIONAL TRADING LTD; DUFERCO ENERGY GROUP INC., Defendants-Appellees.

Appeal from the United States District Court For the Southern District of Texas (CA-H-94-2409)

January 10, 1997

Before HIGGINBOTHAM, SMITH, and EMILIO M. GARZA, Circuit Judges.

PER CURIAM:*

We are persuaded that the district court had subject matter

jurisdiction and did not err in ordering arbitration or in

confirming the arbitral award. Both SDS and Duferco signed the

terms of reference without reservation regarding the jurisdiction

* Pursuant to Local Rule 47.5, the court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in Local Rule 47.5.4. of the arbitral tribunal or the applicability of the ICC

arbitration rules.

AFFIRMED.

2