Schlumberger Announces Agreement to Acquire Cameron
Schlumberger Limited and Cameron today jointly announced 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. – Offers new growth opportunities by creating the industry’s first complete drilling and production …
OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they 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 …
Cameron Announces Sale Of Reciprocating Compression Business To GE
Cameron also announces intention to explore strategic alternatives for the remainder of compression systems business. Cameron today announced that it has entered into a definitive agreement under which it will sell its Reciprocating Compression business to GE for cash consideration of approximately $550 million, subject to closing adjustments. Cameron also …