Schlumberger Limited

Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger

September 2, 2020

Reuters DENVER – Liberty Oilfield Services’ acquisition of Schlumberger’s shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co (BKR.N) in a bet on a shale rebound. Denver-based Liberty Oilfield (LBRT.N) on Tuesday agreed to swap a 37% stake in the company in exchange for Schlumberger’s North American hydraulic fracturing

Fracking giants warn shale crash will be faster this time

March 25, 2020

Houston Chronicle Two of the world’s biggest oilfield service companies are warning of a bigger shale crash than the one that hit the U.S. and Canada just five years ago. While the decline in North American drilling rigs could approach the lows seen in 2016, the drop could be much faster this time around, Schlumberger Ltd. told analysts and investors

Former Schlumberger CEO Recommended for Chairman Role at Borr Drilling

August 22, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Borr Drilling board of directors recommends appointment of Paal Kibsgaard as chairman The board of directors for Borr Drilling Limited (stock ticker: BORR), an international drilling contractor based out of Bermuda, has recommended former Schlumberger (stock ticker: SLB) CEO Paal Kibsgaard be appointed as the company’s new chairman, following a unanimous

Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger

Fracking giants warn shale crash will be faster this time

Former Schlumberger CEO Recommended for Chairman Role at Borr Drilling

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