Schlumberger, the world's largest oilfield services company, said its proposed merger with Cameron, a leading provider of flow equipment products for oil sector, has won unconditional approval from European Commission.
Schlumberger, the world's No.1 oilfield services company, said it will acquire oilfield equipment maker Cameron International Corp in a deal valued at $14.8 billion.
Cameron shareholders will get $66.36 – $14.44 in cash
Schlumberger NV, the world's No.1 oilfield services provider, said it would look at returning to Iran once the sanctions are lifted.
"When the sanctions are lifted and when it is permissible, we will evaluate going back i
Schlumberger, the world's number one oilfield services provider, reported a smaller-than-expected fall in first-quarter margins as it continued to execute tight cost controls to combat a decline in drilling activity.
The US shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger, the world's No 1 oilfield services provider, said
Spending cuts already announced by producers - t
Leading oilfield services company Schlumberger has launched the GeoSphere reservoir mapping-while-drilling service.
The new technology reveals features in subsurface beddings and fluid contacts at the reservoir
The world's top oil service company Schlumberger Ltd is expected to resume operations at Iraq's biggest oilfield next week following violent protests at the company's camp, a senior Iraqi oil official said on Thursday.
Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.
Schlumberger, Halliburton and Baker H