BNET Industries

Market Cap:$75.5B
Last Fiscal Year Sales:$27.5B
- Public
- US
Dow Jones Description
The world needs oil, and oil needs Schlumberger. Founded in 1927 and headquartered in New York, NY, Schlumberger Limited (NYSE: SLB) is a leading oilfield services concern. The company's Oilfield Services segment offers a full range of specialties, including seismic surveys, drilling, wireline logging, well construction and completion, and project management. Its WesternGeco segment provides reservoir imaging, monitoring, seismic monitoring, and development services. The company has annual revenue of about $14.3 billion and employs about 60,000 people, operating in 80 countries. In November 2005 the company acquired a minority share in Packers Plus Energy Services, a Canadian-based completions company. In May 2005 the company acquired the assets of Diamould Ltd, an oil and gas industry firm specializing in electrical, hydraulic and fiber-optic connector solutions, based in Barrow-in-Furness, Cumbria, UK.
Number of Employees 87,000
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Pay Attention to Oilfield Services
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Schlumberger releases MaxCO3 Acid degradable diversion acid system
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Schlumberger releases EM Pipe Scanner electromagnetic casing inspection tool
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Oil Patch Bits: Schlumberger launches temperature sensing service
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Schlumberger's New OPTICall Solution Improves Field Productivity
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Schlumberger Releases New Electromagnetic Ca...
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Schlumberger Releases New Electromagnetic Casing Inspection Tool
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Schlumberger Shares Rise as Analyst Upgrades Stock
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Credit Suisse upgrades Schlumberger to outperform
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STOCKS NEWS US-HP profit rises, matches pre-announcement
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Technip, Schlumberger partner on pipe project
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Schlumberger, Technip work on surveillance solutions
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Oil Patch Bits: Schlumberger and Technip announce joint agreement
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Why Schlumberger Deserves a Closer Look
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Schlumberger SLB and Alstom SA Sign Agreement to Study Carbon Capture and Storage Systems
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Capital One Southcoast Upgrades Schlumberger SLB to Add
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Schlumberger Announces Fourth-Quarter and Full Year 2009 Results
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Schlumberger Ltd announces dividend of USD0.21 per common share
News & Analysis
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schlumberger ltd. and tokheim - All News and Analysis
Tokheim Completes $210 Million Note Financing Related to September 1998 Acquisition of Schlumberger Ltd's RPS Fuel Dispenser Business
FORT WAYNE, Ind.--BUSINESS WIRE--Jan. 28, 1999--
Tokheim acquires Schlumberger RPS.(Schlumberger Retail Petroleum Systems)
Tokheim Corp has acquired Schlumberger Retail Petroleum Systems RPS for $330 million. The merger of the two firms will establish the largest manufacturer of fuel dispensing system in the world. Further, the acquisition will combine the strengths of bothTokheim Corp has acquired Schlumberger Retail Petroleum Systems RPS for $330 million....
Tokheim Completes Acquisition of the Fuel Dispenser Business of Schlumberger Limited
FORT WAYNE, Ind.--BUSINESS WIRE--Oct. 1, 1998--Tokheim Corporation (NYSE:TOK) Tokheim announced today the completion, subject to certain foreign legal requirements, of the acquisition of the fuel dispenser systems and service business of Schlumberger Limited (the "RPS Business") for $330 million in cash, notes, and purchased warrants.
Tokheim Corporation Makes Announcement
FORT WAYNE, Ind.--BUSINESS WIRE--Aug. 19, 1998--Tokheim Corporation announced today that it had extended, until September 30, 1998, the closing date of its offer to purchase and consent solicitation for its outstanding $55 million principal amount of 11 1/2% Senior Subordinated Notes due 2006 (the "Notes") due to the fact that...
Tokheim Corporation Makes Announcement
FORT WAYNE, Ind.--BUSINESS WIRE--Aug. 19, 1998--Tokheim Corporation announced today that it had extended, until September 30, 1998, the closing date of its offer to purchase and consent solicitation for its outstanding $55 million principal amount of 11 1/2% Senior Subordinated Notes due 2006 (the "Notes") due to the fact that...
Tokheim Corporation Makes Announcement
FORT WAYNE, Ind.--BUSINESS WIRE--Aug. 4, 1998--Tokheim Corporation (NYSE:TOK) in a response to an inquiry from the New York Stock Exchange and in a departure from its policy of not commenting on market speculation, said today that it was not aware of any non public information about the Company that would...
Tokheim Corporation in Agreement to Acquire Fuel Dispenser Business of Schlumberger Ltd
FORT WAYNE, Ind.--BUSINESS WIRE--June 19, 1998--Tokheim Corporation (NYSE:TOK) Tokheim announced the signing of an agreement regarding the acquisition by Tokheim of the fuel dispenser, systems and service business of Schlumberger LTD the RPS Business. Financial terms of the transaction were not disclosed by either party.
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