Tagged Schlumberger

EU approves Schlumberger’s acquisition of Cameron

Rate this article By Offshore Energy Today The European Commission has approved under the EU Merger Regulation the acquisition of Cameron by Schlumberger. Schlumberger, the world’s largest oilfield services provider, is buying Cameron in a proposed all stock transaction announced in 2015. Upon completion of the transaction, each share of Cameron common stock will convert…

Cameron 4Q profit plunges

Rate this article By Offshore Energy Today.. Cameron, a provider of flow equipment products, systems and services to oil and gas industry, posted a lower profit for the fourth quarter of 2015 when compared to the same period last year. Cameron is soon to be acquired by the world’s largest oilfield services provider Schlumberger as…

Schlumberger eyes Fortuna FLNG interest

Rate this article By Offshore Energy Today.. Ophir Energy, an independent oil and gas company, and Schlumberger, the world’s largest oilfield services provider, have entered into a non-binding Heads of Terms Agreement whereby Schlumberger will get a 40% economic interest in the Fortuna FLNG project, offshore Equatorial Guinea. Fortuna sits within the Block R licence,…

Golar, Schlumberger in FLNG pact

Rate this article By Offshore Energy Today.. Golar LNG has signed a Memorandum of Understanding with Schlumberger, the world’s largest oil services provider, to co-operate on the global development of greenfield, brownfield and stranded gas reserves. Under the memorandum, Golar and Schlumberger have agreed to jointly market gas monetization solutions to owners, investors and governments….

Golar LNG strikes deal with Schlumberger

Rate this article By LNG World News Golar LNG, the owner and operator of liquefied natural gas carriers on Friday said it has signed a memorandum of understanding with Schlumberger to cooperate on developing greenfield, brownfield and stranded gas reserves. According to the MOU, the two companies agreed to jointly offer LNG production solutions to…

Schlumberger lays off 10.000

Rate this article By Offshore Energy Today Schlumberger, world’s largest oilfield services provider slashed 10.000 jobs in the fourth quarter of 2015. The company said that the reason was an expected extended activity weakness in the first half of 2016. This led the company to recognize in the fourth quarter $530 million in pretax restructuring…

Statoil looking at Schlumberger’s Campeche seismic data (Mexico)

Rate this article By -Offshore Energy Today- World’s largest oilfield services company Schlumberger has executed a contract with Norway’s Statoil for a large part of WesternGeco’s Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico, off Mexico. The license also includes collaboration with WesternGeco, a subsidiary of Schlumberger, in the seismic…