M&A Deal Summary

Schlumberger Acquires Cameron International

On August 26, 2015, Schlumberger acquired energy services and equipment company Cameron International for 14.8B USD

Acquisition Highlights
  • This is Schlumberger’s 16th transaction in the Energy Services and Equipment sector.
  • This is Schlumberger’s largest (disclosed) transaction.
  • This is Schlumberger’s 14th transaction in the United States.
  • This is Schlumberger’s 8th transaction in Texas.

M&A Deal Summary

Date 2015-08-26
Target Cameron International
Sector Energy Services and Equipment
Buyer(s) Schlumberger
Deal Type Add-on Acquisition
Deal Value 14.8B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Cravath, Swaine & Moore (Legal)

Target

Cameron International

Houston, Texas, United States
Cameron International office in Houston, Texas.
Cameron International office in Houston, Texas.
Cameron International Corp. is a provider of flow equipment products, systems and services to the global oil and gas sector. Cameron International was formed in 1833 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Schlumberger

Houston, Texas, United States

Category Company
Founded 1926
Sector Energy Services and Equipment
Employees111,000
Revenue 33.1B USD (2023)
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 39 of 48
Sector (Energy Services and Equipment) 16 of 24
Type (Add-on Acquisition) 30 of 38
State (Texas) 8 of 10
Country (United States) 14 of 18
Year (2015) 2 of 3
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 Schlumberger Business Consulting

United States

Schlumberger Business Consulting is a management consulting provider in the upstream oil and gas industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-16 Fluid Inclusion Technologies

Broken Arrow, Oklahoma, United States

Fluid Inclusion Technologies, Inc. is an oil and gas service company specializing in laboratory analysis of trapped fluids in rock material, and advanced borehole gas analysis on drilling wells.

Buy -