M&A Deal Summary

Schlumberger Acquires GeoKnowledge AS

On December 13, 2012, Schlumberger acquired software company GeoKnowledge AS

Acquisition Highlights
  • This is Schlumberger’s 12th transaction in the Software sector.
  • This is Schlumberger’s 4th transaction in Norway.

M&A Deal Summary

Date 2012-12-13
Target GeoKnowledge AS
Sector Software
Buyer(s) Schlumberger
Deal Type Add-on Acquisition

Target

GeoKnowledge AS

Oslo, Norway
GeoKnowledge supplies the industry-leading GeoX software suite for exploration prospect risk, resource and value assessment, and is the corporate standard for more than 100 oil and gas companies worldwide.

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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 36.3B USD (2024)
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 31 of 48
Sector: Software M&A 12 of 13
Type: Add-on Acquisition M&A Deals 25 of 38
Country: Norway M&A 4 of 5
Year: 2012 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-21 Liquid Robotics Oil & Gas

Houston, Texas, United States

Liquid Robotics Oil & Gas, a joint venture with Schlumberger, is an innovative new company providing environmental measurement services and products to oil & gas companies operating offshore worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-18 Gushor

Calgary, Alberta, Canada

Gushor Inc., a Canadian-based petroleum geochemistry and fluid analysis company that provides innovative production and exploration solutions in the heavy oil and oil sand (HOOS) industry.

Buy -