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Tag: Schlumberger

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 Introduces Real-Time Downhole Flow Measurement Service

Posted: March 25, 2016 at 3:49 pm   /   Oil & Gas

ACTive Q service delivers fluid velocity measurements to expand coiled tubing downhole monitoring capabilities. Schlumberger introduced the ACTive Q* CT real-time downhole flow measurement service, which delivers real-time injection diagnostics and treatment evaluation in just one run in a well. “Fluid injection monitoring and placement often requires customers to reach conclusions through trial and error […]

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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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Schlumberger: Training the Next Generation

Posted: August 9, 2015 at 7:51 pm   /   Oil & Gas

NEW PARTNERSHIP FOR OIL AND GAS SKILLS TRAINING AND DEVELOPMENT Technology and knowledge sharing are at the center of Schlumberger. As part of an ongoing commitment to leading-edge training, Schlumberger has partnered with Oil & Gas Skills (OGS) in Egypt to establish an oil and gas industry training institute. The initiative involves the development of specialized […]

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Schlumberger, Oil and Gas Skills to set up Technical Institute

Posted: July 14, 2015 at 6:03 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Sherif Ismail attended the signing ceremony of a memorandum of understanding between Oil and Gas Skills Company and US-based Schlumberger Corporation to establish an institute to provide training in the petroleum sector. In a released statement, Ismail said that establishing the institute comes within the framework of the Ministry’s […]

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