News: Schlumberger NV (SLB)

SLB on New York Consolidated

83.96USD
4 Mar 2015
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Fri, Feb 27 2015

Venezuela's PDVSA says Schlumberger poised to extend credit line

CARACAS, Feb 27 - Venezuela's PDVSA said on Friday that oil services giant Schlumberger was poised to extend an existing credit line to the South American state oil company, without offering details.

UPDATE 2-Russian assets tread water in cautious pre-holiday trade

MOSCOW, Feb 20 - Russian assets were little changed on Friday as traders were cautious at placing bets before an extended holiday weekend, with a modest rise in oil prices and the end-of-month tax period underpinning the rouble.

UPDATE 1-Russia's Eurasia Drilling says merger with Schlumberger delayed

MOSCOW, Feb 20 - Russia's Eurasia Drilling said on Friday it was delaying a deal to sell a stake in the company to oil services giant Schlumberger while it waited for approval from a Russian regulator.

Russia's Eurasia Drilling says merger with Schlumberger delayed

MOSCOW, Feb 20 - Russia's Eurasia Drilling said on Friday it was delaying a deal to sell a stake in the company to Schlumberger, pending approval from Russia's Federal Anti-Monopoly Service (FAS).

Many oil firms plan no North Dakota layoffs despite cheap oil

WILLISTON, N.D. - Halliburton, Statoil ASA, Hess Corp and other North Dakota energy companies have decided, for now, not to lay off staff in the No. 2 U.S. oil producing state, hoping to be prepared for any prolonged rebound in crude prices.

Many oil firms plan no North Dakota layoffs despite cheap oil

WILLISTON, N.D., Feb 4 - Halliburton, Statoil ASA, Hess Corp and other North Dakota energy companies have decided, for now, not to lay off staff in the No. 2 U.S. oil producing state, hoping to be prepared for any prolonged rebound in crude prices.

Helmerich & Payne may cut 2,000 jobs as it idles rigs

- Driller Helmerich & Payne Inc said it may cut 2,000 jobs as it begins to idle rigs amid a slide in crude oil prices, following similar cost cuts by top oilfield services providers Schlumberger NV and Baker Hughes Inc .

UPDATE 2-Helmerich & Payne may cut 2,000 jobs as it idles rigs

* Shares fall as much as 10 pct (Adds analyst, executive comment, background; updates shares)

Schlumberger to buy $1.7 billion stake in Russian oil driller

MOSCOW - Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company.

UPDATE 2-Schlumberger to buy $1.7 bln stake in Russian oil driller

* Has option to take full ownership (Adds Schlumberger comments, detail, background)

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