M&A Deal Summary

Schlumberger Acquires Aker Carbon Capture

On March 27, 2024, Schlumberger acquired energy services and equipment company Aker Carbon Capture

Acquisition Highlights
  • This is Schlumberger’s 23rd transaction in the Energy Services and Equipment sector.
  • This is Schlumberger’s 5th transaction in Norway.

M&A Deal Summary
Date 2024-03-27
Target Aker Carbon Capture
Sector Energy Services and Equipment
Buyer(s) Schlumberger
Deal Type Add-on Acquisition

Target

Aker Carbon Capture

Lysaker, Norway
website
Aker Carbon Capture is a carbon capture company with solutions, services, and technologies serving a range of industries with carbon emissions, including the cement, bio and waste-to-energy, gas-to-power, and blue hydrogen segments. Its proprietary, carbon-capture technology offers a unique, environmentally friendly solution for removing CO2 emissions. Aker Carbon Capture is based in Lysaker, Norway.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Schlumberger

Houston, Texas, United States

website

Category Company
Founded 1926
Sector Energy Services and Equipment
Employees86,000
Revenue 23.6B USD (2020)
DESCRIPTION
Schlumberger office in Houston, Texas.
Schlumberger office in Houston, Texas.

Schlumberger is an oilfield services company. Schlumberger offers technology, integrated project management and information solutions to customers working in the oil and gas industry. Schlumberger was formed in 1926 and is based in Houston, Texas.

DEAL STATS #
Overall 47 of 48
Sector (Energy Services and Equipment) 23 of 24
Type (Add-on Acquisition) 37 of 38
Country (Norway) 5 of 5
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-26 Gyrodata

Houston, Texas, United States

Gyrodata is a service providers to the global energy industry with unparalleled expertise in gyroscopic surveying, wellbore placement, and wellbore characterization technologies. Gyrodata was founded in 1980 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 ChampionX

The Woodlands, Texas, United States

ChampionX is a provider of engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. The company's products provide efficient functioning throughout the lifecycle of a well - from drilling to completion to production. ChampionX was incorporated in 1882 and is based in The Woodlands, Texas.

Buy -
Mergr

Product

Company

Legal