Schlumberger Ltd. and frequent partner Cameron International Corp. agreed Wednesday to merge in a deal estimated to be worth $14.8 billion, combining complementary technology portfolios that they said would be the industry’s first “complete” drilling and production systems.
Kibsgaard
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North America Onshore Crashing, But Opportunities Exist, Says Schlumberger CEO
Schlumberger Ltd. is working “actively” with North American customers to lower drilling costs and to renegotiate contracts, with a big push toward technology and efficiency offerings, CEO Paal Kibsgaard said Friday.
January 16, 2015