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Tag: Cameron

Schlumberger Completes Merger with Cameron

Posted: April 4, 2016 at 12:34 pm   /   Oil & Gas

Schlumberger Limited announced today it has closed its merger with Cameron International Corporation. 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 […]

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Schlumberger to acquire Cameron in $14.8 billion deal

Posted: August 26, 2015 at 9:16 pm   /   Oil & Gas

•    Offers new growth opportunities by creating the industry’s first complete drilling and production systems •    Integrates complementary downhole and surface offerings through software optimization and automation •    Total transaction value of $14.8 billion as of August 25, 2015 •    Cameron shareholders to receive 0.716 Schlumberger shares and $14.44 in cash for each share of […]

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