Key Developments: Schlumberger NV (SLB)
75.74USD
17 May 2013
$0.47 (+0.62%)
$75.27
$75.90
$76.17
$74.88
9,535,106
6,645,883
$82.00
$59.12
Latest Key Developments (Source: Significant Developments)
Schlumberger NV Declares Quarterly Dividend
Schlumberger NV announced that it has declared a quarterly dividend of $0.3125 per share of outstanding common stock. The dividend is payable on July 12, 2013 to stockholders of record at the close of business on June 5, 2013. Full Article
Schlumberger NV Declares 13.6% Increase in Quarterly Dividend
Schlumberger NV announced that it has approved a 13.6% increase of the quarterly dividend. The increased dividend of $0.3125 per share of outstanding common stock is payable on April 12, 2013 to stockholders of record at the close of business on February 20, 2013. Full Article
Gazprom OAO's Subsidiary Signs Technological Cooperation Agreement With Schlumberger NV's Schlumberger Russia and Central Asia-Interfax
Interfax reported that the General Director of LLC Gazprom Geologorazvedka, Mr. Alexei Davydov, and the President of Schlumberger NV's Schlumberger Russia and Central Asia, Mr. Gokhan Saygi, have signed a framework technological cooperation agreement, the Gazprom OAO's subsidiary said in a statement. The companies' efforts will be aimed at ensuring the top efficiency of geological survey operations conducted at Gazprom deposits and license section both onshore and off. Cooperation will be built on the basis of joint technological projects. To carry these out, the parties intend to bring in both companies' equipment and resources, and to incorporate Schlumberger technological solutions and programming. A personnel training program will also be worked up. Gazprom has worked with Schlumberger before. The two companies have set up a coordinating committee and temporary working group for technological cooperation between them. Under the coordinating committee's auspices, a cooperation program for 2013-2015 aimed at interaction in the field of prospecting, development, and production at onshore and offshore fields has been prepared and approved. Full Article
Schlumberger NV Declares Quarterly Dividend
Schlumberger NV announced that it declared a quarterly dividend of $0.275 per share of outstanding common stock. The dividend is payable on January 11, 2013 to stockholders of record at the close of business on December 3, 2012. Full Article
Schlumberger NV Announces Change in Record Date for Dividend
Schlumberger NV announced that with reference to a announcement dated July 19, 2012, indicating that its board of directors had declared a quarterly dividend of $0.275 per share of outstanding common stock, payable on October 12, 2012 to stockholders of record at the close of business on September 3, 2012. For clarification, the effective record date for the dividend will be the close of business on August 31, 2012, not September 3, 2012. Full Article
Schlumberger NV Declares Quarterly Dividend
Schlumberger NV announced that it declared a quarterly dividend of $0.275 per share of outstanding common stock. The dividend is payable on October 12, 2012 to stockholders of record at the close of business on September 3, 2012. Full Article
Schlumberger NV Acquires 20.10% Stake In Anton Oilfield Services (Group) Ltd.
Anton Oilfield Services (Group) Ltd. announced that it has received a corporate substantial shareholder notice (the Notice) filed by Schlumberger NV (Schlumberger) pursuant to section 324 of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) that Schlumberger has acquired 423,361,944 shares in Anton Oilfield Services, representing 20.10% of the issued share capital of Anton Oilfield Services, on July 6, 2012. Full Article
Petroleos Mexicanos Awards Consortium of Monclova Pirineos Gas and Alfa SAB de CV’ Unit, and Schlumberger NV Jointly With Petrofac Limited Contracts To Drill Mature Oil Fields-Reuters
Reuters reported that Petroleos Mexicanos (Pemex) announced that it has awarded four contracts to drill mature oil fields in the second round of bidding to open up the country's nationalized oil industry to more private investment. More than a dozen companies or consortia were in the running for the contracts and Pemex chose the winners based on who could produce the most oil at the lowest cost per barrel. The goal is to increase crude output at the fields by around 140,000 barrels per day (bpd) from the 13,000 bpd they are pumping today. Auction awarded contracts to drill four new onshore areas, but auctions for two offshore areas Atun and Arenque offshore were unsuccessful. Egyptian company Cheiron Holdings Ltd won the contract for the Altamira area in Tamaulipas. The Panuco area in Veracruz went to a joint bid from oil services company Schlumberger and British drilling firm Petrofac. Petrofac said the contract, which runs for 30 years, should be signed by August 2012 and operations at the area could begin in 2013. The companies committed USD 17.5 million in investment at the Panuco fields for the first two years. A consortium of Monclova Pirineos Gas, a company with Venezuelan and Colombian capital, and a unit of Mexico's Alfa won contracts for the Tierra Blanca and San Andres areas, both in Veracruz. Pemex has plans for a third and fourth round of contracts this year at the geologically complicated Chicontepec project and deep water areas in the Gulf of Mexico. Full Article
Schlumberger NV Announces Launch Of IsoMetrix Marine Isometric Seismic Technology And IsoMetrix Family Of Marine Seismic Products
Schlumberger NV announces the launch of IsoMetrix marine isometric seismic technology and the IsoMetrix family of marine seismic products. This technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in three dimensions and providing the accurate images of the subsurface ever recorded. Full Article
National Oilwell Varco, Inc. Completes Acquisition Of Wilson Distribution Business Segment From Schlumberger Limited
National Oilwell Varco, Inc. announced the closing of its previously announced acquisition of Wilson distribution business segment from Schlumberger Limited. Wilson is a distributor of pipe, valves and fittings as well as mill, tool and safety products and services. Financial terms were not mentioned. Full Article
Baker sees U.S. drilling pickup; Schlumberger cautious
- Signs of improvement in the depressed North American drilling market and steady growth elsewhere helped oilfield services companies Schlumberger Ltd and Baker Hughes Inc beat Wall Street's profit expectations.

Earnings vs.
Estimates