News

In a report released today, Stephen Gengaro from Stifel Nicolaus reiterated a Buy rating on Schlumberger (SLB – Research Report), with a price target of $64.00. The company’s shares closed ...
Schlumberger agrees to buy fellow oil services company Cameron International for about $12.7 billion in cash and stock.
Plexus Holdings plc has entered into a license agreement with Cameron International Limited, a Schlumberger (NYSE: SLB) group company.
Previously, Le Peuch was Executive Vice President Reservoir & Infrastructure, responsible for the management of the Cameron product lines, including OneSubsea, as well as some of Schlumberger's ...
Oil services company Lamprell PLC (LAM.LN) Tuesday said it reached an amicable settlement with Schlumberger Ltd (SLB) subsidiary Cameron International Corporation related to issues with equipment ...
Schlumberger Ltd. swung to an unexpected second-quarter loss, hurt by charges related to restructuring efforts and the oil-field services giant’s acquisition of Cameron International Corp.
Joining forces gives both companies an edge in drilling and production systems, oil field services company Schlumberger said after acquiring a rival.
Schlumberger has issued approximately 138 million shares pursuant to the merger. As a result, former Cameron stockholders own approximately 10% of Schlumberger’s outstanding shares of common stock.
The merger will create technology-driven growth by integrating Schlumberger reservoir and well technology with Cameron wellhead and surface equipment, flow control and processing technology.
The oil services company is better-positioned than competitors to ride out the depressed oil market. Schlumberger's proposed $12 billion takeover of China-based energy services provider Cameron is ...
The Chinese Ministry of Commerce has cleared the proposed merger of Schlumberger Ltd. and Cameron International Corp. without any conditions.
Schlumberger and Cameron International have been given approval by the Chinese Ministry of Commerce for their proposed merger. The companies said the latest move marks the last major closing ...