Tesco and Schlumberger Enter into Definitive Agreement on Casing Drilling™ Division
Tesco Corporation and Schlumberger today announced that they have signed a definitive agreement for Schlumberger to acquire Tesco’s CASING DRILLING™ division for $45 million in cash. “Our CASING DRILLING™ division comprises some of our leading technologies, which Tesco has incubated for several years,” said Julio M. Quintana, chief executive officer …