Post-acquisition of Cameron, Schlumberger decided to establish a new IT centre in Coimbatore that would represent every function within the organisation.

Cameron’s 1997 movie “Titanic” reinvigorated interest in the ill-fated ocean liner, feeding the mystique that spurs some wealthy experience chasers.

Schlumberger agrees to buy fellow oil services company Cameron International for about $12.7 billion in cash and stock.

In short, the Cameron deal has been a drag thus far. Schlumberger maintained its EBITDA margins in the 28%-29% range throughout the oil bust. However, margins were 23% in Q2 and Q3.

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.

Schlumberger management expects pre-tax cost synergies to be $300 million in the first year of the Cameron integration and $600 million in the second year.

Schlumberger Limited SLB has finally closed its merger with Cameron International Corporation. As announced earlier, every Cameron investor will be.

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.

Franco-American firm Schlumberger, the world's largest oilfield services company, has completed its merger with smaller rival Cameron International Corporation worth $14.8 billion. US authorities had ...

Oilfield services giant Schlumberger has completed its $15 billion mega-merger with rival Cameron International.

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.