All publications by tag «SCHLUMBERGER»
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2015, October, 11, 16:10:00
EURASIA DRILLING: $1.5 BLN
Eurasia Drilling’s top shareholders and management have proposed taking the oil services company private, after Schlumberger walked away from making a $1.7bn investment following resistance from Russian regulators.
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2015, October, 8, 19:10:00
EURASIA DRILLING OFFER: $10
Eurasia Drilling Co., the Russian oil driller whose planned acquisition by Schlumberger Ltd. collapsed last month, said it received a buyout offer from management and shareholders.
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2015, September, 27, 19:40:00
SCHLUMBERGER PROVIDES UPDATE
Schlumberger Limited announced that it does not intend to extend the pending agreement to acquire a minority equity interest in Eurasia Drilling Company Limited, once the current extension expires on September 30, 2015. The Company will instead focus on other M&A opportunities.
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2015, August, 27, 18:30:00
SCHLUMBERGER & EURASIA KEY FINANCIALS
Issues have emerged in Russia that could delay or prevent Schlumberger Limited. (NYSE:SLB) from closing a deal with Eurasia. Earlier this year, Schlumberger made a $1.7 billion offer to take a stake in Eurasia, also expressing willingness to acquire the rest of the company. Eurasia is Russia’s largest oil-services company. However, as it turns out, Russia’s Federal Security Service, also known as FSB, is expressing some reservations over the deal.
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2015, August, 27, 18:25:00
SCHLUMBERGER BUYS CAMERON: $14.8 BLN
HOUSTON, August 26, 2015—Schlumberger Limited (NYSE: SLB) and Cameron (NYSE: CAM) 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.
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2015, August, 26, 18:10:00
RUSSIA STOP SCHLUMBERGER
Russia’s Federal Security Service, the main successor to the KGB, is holding up Schlumberger Ltd.’s acquisition of a 46 percent stake in Eurasia Drilling Co., according to two people with knowledge of the matter.
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2015, August, 18, 20:50:00
ACCENTURE BUYS SCHLUMBERGER
Accenture (NYSE: ACN) has entered into an agreement to acquire Schlumberger Business Consulting (SBC), the management consulting unit of Schlumberger, a global leader in oilfield services.
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2015, July, 17, 00:35:00
SCHLUMBERGER DOWN 30%
Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices.
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2015, April, 24, 22:30:00
U.S. RIGS WILL DOWN
Baker Hughes Inc (BHI.N), which is being bought by Halliburton Co (HAL.N) for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services.
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2015, April, 18, 15:55:00
SCHLUMBERGER CUTS MORE JOBS
Schlumberger Ltd., the world’s largest oilfield services provider, will eliminate an additional 11,000 positions in a sign the industry will undergo another round of job cuts as a result of tumbling crude prices.