M&A Deal Summary |
|
|---|---|
| Date | 2006-04-22 |
| Target | WesternGeco |
| Sector | Energy Services and Equipment |
| Buyer(s) | Schlumberger |
| Sellers(s) | Baker Hughes |
| Deal Type | Divestiture |
| Deal Value | 2.4B USD |
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| Category | Company |
|---|---|
| Founded | 1926 |
| Sector | Energy Services and Equipment |
| Employees | 111,000 |
| Revenue | 33.1B USD (2023) |
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 | 6 of 48 |
| Sector (Energy Services and Equipment) | 3 of 24 |
| Type (Divestiture) | 1 of 4 |
| Country (United Kingdom) | 3 of 7 |
| Year (2006) | 1 of 6 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-22 |
Packers Plus Energy Services
Calgary, Alberta, Canada Packers Plus Energy Services, Inc. is an innovator of open hole, multi-stage completion systems and provides solutions for technically challenging applications in horizontal, vertical, multi-lateral and high pressure / high temperature (HPHT) wells. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-08 |
Ødegaard & Danneskiold-Samsøe A/S
Copenhagen, Denmark Ødegaard A/S, the Copenhagen-based supplier of advanced surface seismic data inversion software. Ødegaard, which will become part of WesternGeco, specializes in applications of seismic data to determine rock parameters critical to better reservoir characterization and improved oil and gas recovery. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
| Employees | 57,000 |
| Revenue | 25.5B USD (2023) |
Baker Hughes is a provider of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company operates in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. Baker Hughes is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 10 |
| Sector (Energy Services and Equipment) | 1 of 5 |
| Type (Divestiture) | 2 of 10 |
| Country (United Kingdom) | 1 of 1 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-31 |
Nova Technology
Broussard, Louisiana, United States Nova is a supplier of permanent monitoring, chemical injection systems, and multi-line services for deepwater and subsea oil and gas well applications and has contracts in the Gulf of Mexico, West Africa, Sakhalin Island and Brazil. |
Buy | $70M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-17 |
Gaffney Cline & Associates
Houston, Texas, United States Gaffney, Cline & Associates is an international advisory firm focused on providing integrated technical and managerial services to all sectors of the oil and gas industry. For more than 45 years GCA has provided strategic and detailed advice aimed at achieving practical and commercially viable results. In addition to reservoir engineering, GCA advises a wide group of clients in exploration, reservoir evaluation, field development, drilling and production, pipeline, refining and LNG projects throughout the world. GCA has principal offices in London, Houston, Moscow, Buenos Aires, Singapore and Sydney. |
Buy | - |
