Russia gives tentative nod to Schlumberger's acquisition of EDC

Sat, 28 Apr 2018 - 05:10 GMT

Russia has given preliminary approval to U.S. oilfield services giant Schlumberger bid to acquire up to 49 percent in Russia’s Eurasia Drilling Co (EDC).

Schlumberger invests $60M in Egypt’s petroleum, gas sector

Wed, 18 Apr 2018 - 03:23 GMT

Schlumberger has invested $60M to build a center to improve the operation capacity and availability of information exchange in the petroleum and gas industry.

Business News Wrap-up

Wed, 14 Feb 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day

Petroleum Min. inks seismic survey agreement with Schlumberger

Wed, 14 Feb 2018 - 01:58 GMT

Egypt’s Ministry of Petroleum signed an agreement, with oilfield services company Schlumberger to conduct a seismic survey in the Gulf of Suez.

Business news wrap-up

Sun, 24 Dec 2017 - 05:16 GMT

A wrap-up for the most prominent business news of the day.

TGS, Schlumberger start seismic survey of Red Sea oil

Sun, 24 Dec 2017 - 02:35 GMT

Under the agreement, the two companies have a minimum 15-year period of exclusive multi-client rights.

Egypt to explore oil in Red Sea for first time in history

Sat, 22 Jul 2017 - 09:11 GMT

Egypt plans to explore oil in Red Sea for the first time in history, following the maritime demarcation agreement signed between Egypt and Saudi Arabia.

Ganope inks $750M deals with British TGC, U.S. Schlumberger

Fri, 21 Jul 2017 - 03:14 GMT

Ganope signed two contracts with the British TGC and the U.S. Schlumberger with investments exceed $750 million .

Schlumberger beats on North American drilling; sees global recovery

Fri, 21 Jul 2017 - 01:04 GMT

Schlumberger Ltd's (SLB.N) quarterly profit and revenue beat analysts' estimates on Friday.