Search results for: Schumberger

1110 results

A list of search results

  • 6 October 2017
    Business & Finance, Exploration & Production

    Offshore driller Borr Drilling has teamed up with Schlumberger, world’s largest oilfield services company, to offer integrated, performance-based drilling contracts in the offshore jack-up market. Borr said it would offer the service by leveraging the Schlumberger global foot print, infrastructure and technical expertise and Borr Drilling’s jack-up fleet. The driller said the combination of the Borr […]

  • 11 November 2014
    Business & Finance

    Schlumberger has announced the availability of its multiclient seismic survey data offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data, and, according to the company, provides detailed imaging of the subsurface. “The recent discoveries and regional appraisals […]

  • 12 August 2014
    Business & Finance, Equipment

    OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider, with the largest fleet size of […]

  • 24 June 2013
    Equipment

    Cameron and Schlumberger today announced that OneSubsea™, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals. The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership of the joint venture, respectively. […]

  • 28 July 2020
    Business & Finance, Business developments & projects, Human Capital

    Giant oilfield services provider Schlumberger is cutting around 21,000 jobs as a response to one of the most challenging quarters in over a decade.

  • 13 July 2020
    Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance

    Partners in the Otakikpo marginal field, located offshore Nigeria, have executed service agreements for the next phase of the drilling program.

  • 24 June 2020
    Business & Finance, Business developments & projects, Regulation & policy, Safety

    A woman who once worked for oilfield services giant Schlumberger has filed a $100 million lawsuit against the company for alleged sexual harassment, sex discrimination, and physical danger.

  • 4 April 2016

    Oil and gas industry service provider, Schlumberger on Friday informed its closed the merger with Cameron.

  • 30 August 2010
    Business & Finance

    Schlumberger Limited  announced today that it has closed its merger with Smith International, Inc. As previously announced, each Smith stockholder will receive 0.6966 shares of Schlumberger common stock in exchange for each Smith share, with cash paid in lieu of any fractional shares of Schlumberger common stock. Schlumberger has issued approximately 176 million shares pursuant […]

  • 29 April 2016

    LNG giant Golar LNG and oilfield services behemoth Schlumberger have reassured the market that today’s break-up in talks between Schlumberger and Ophir Energy over Fortuna FLNG deal, will not affect the framework agreement which has been signed between Golar and Schlumberger. To remind, oil and gas exploration firm Ophir Energy has terminated discussions with Schlumberger regarding […]

  • 26 August 2015

    Schlumberger Limited, the world’s largest oilfield services provider, and Cameron, a provider of flow equipment products, systems and services to oil, gas and process industries, today jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. According to the press release, the agreement was unanimously approved by the boards of […]

  • 4 April 2016
    Business & Finance

    World’s largest oilfield services provider Schlumberger has closed its merger with Cameron. Under the terms agreed, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share. Schlumberger has issued approximately 138 million shares pursuant to the merger. As a result, former Cameron […]

  • 16 September 2012
    Business & Finance, Equipment

    Schlumberger announced on Friday the opening of the Schlumberger China Petroleum Institute (SCPI) located in the Schlumberger China headquarters office building in the Chaoyang district of Beijing. The institute has more than 100 petro-technical experts, most of them co-located on the same floor of the office building in Beijing, and others working in several locations […]

  • 16 September 2012
    Business & Finance

    Schlumberger announced the opening of the Schlumberger China Petroleum Institute (SCPI) located in the Schlumberger China headquarters office building in the Chaoyang district of Beijing. The institute has more than 100 petro-technical experts, most of them co-located on the same floor of the office building in Beijing, and others working in several locations around China. […]

  • 4 April 2016
    Business & Finance, Equipment, Operations & Maintenance

    Schlumberger has closed its merger with Cameron. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share. Schlumberger has issued approximately 138 million shares pursuant to the merger. As a result, former Cameron stockholders own approximately 10% of Schlumberger’s […]

  • 25 July 2016
    Business & Finance, Equipment

    LNG giant Golar LNG and oilfield services provider Schlumberger have announced the creation of OneLNG, a joint venture to ‘rapidly develop’ low cost gas reserves to LNG. According to Schlumberger’s press release on Monday, the combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities, with Golar’s low cost FLNG (Floating LNG) solution, will […]

  • 21 July 2011
    Business & Finance

    The Board of Directors of Schlumberger Limited  announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting of the company’s stockholders in April 2012. It is […]

  • 8 February 2019
    Business & Finance

    Schlumberger has appointed Olivier Le Peuch as chief operating officer, effective immediately. Reporting to Paal Kibsgaard, chairman and chief executive officer, Le Peuch will be responsible for the day-to-day management of all worldwide operations. Previously, Le Peuch was executive vice president Reservoir & Infrastructure, responsible for the management of the Cameron product lines, including OneSubsea, […]

  • 26 August 2015
    Business & Finance, Operations & Maintenance

    Schlumberger and Cameron have signed a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 […]

  • 24 July 2020
    Business & Finance

    Oilfield services major Schlumberger recognised a $3.34 billion loss in the second quarter on $3.7 billion charge and revenue drop of some 35 per cent. The loss of $2.47 per share compares with profit of 35 cents per share same time last year. Revenues fell from $8.26 billion in Q2 2019 to $5.35 billion mainly […]

  • 29 April 2016
    Business & Finance

    Schlumberger’s withdrawal from the Fortuna/Ophir development will not in any way influence the framework agreement which has been signed between Golar and Schlumberger targeting FLNG development projects, the two companies said in a statement. Namely, oil and gas explorer Ophir Energy Plc said that it had ended talks with Schlumberger NV over the latter’s participation in […]

  • 15 May 2013
    Business & Finance

    Songa Offshore SE’s Board announced today its nomination committee’s proposal for the board of directors of Songa Offshore SE, to be elected on the company’s AGM on June 6th 2013 in Limassol, Cyprus. Michael Mannering, President of the Rig Management Group at Schlumberger, is nominated as a new Director and Chairman of the board. He […]