Schlumberger Limited recently announced that it has closed its merger with Cameron International Corporation. The transaction combines two complementary technology portfolios into a complete products and services offering to the global oil and gas industry. The merger will create technology-driven growth by integrating Schlumberger reservoir and well technology with Cameron wellhead and surface equipment, flow control and processing technology. This will result in the industry’s first complete drilling and production systems, further enabled by Schlumberger expertise in instrumentation, data processing, control software and system integration.
Schlumberger is a leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide, with principal offices in Houston, Paris, London and The Hague. Cameron is a leading provider of flow equipment products, systems and services to worldwide oil and gas industries, with various operations in North and South America.